The GUIMARÃES & VIEIRA DE MELLO ADVOGADOS Office represented a company in the construction industry in arbitration held in Belo Horizonte before the local Arbitration Chamber, which originated from a real estate purchase agreement. The arbitration, instituted on the initiative of the client, had as its object the consequence of the effect of the contractual default imputed to the counterparty, which, in a counterclaim, filed various claims against the client. The Arbitral Court recognized the contractual default of the counterparty and condemned it to the payment of value arising from a contractual clause, and dismissed the claims for indemnification deducted by counterclaim. Amount involved in the litigation: R $ 54,000,000.00 (fifty-four million reais)
