Dispute with the Trostianets City Council
The Trostianets City Council filed a lawsuit against Mondelez Ukraine seeking to hold as concluded a supplemental agreement to the land lease agreement for increasing the rent. As the grounds for the claim, the City Council has referred to its own decision to increase the rent.
The local court dismissed the claim in full. The court agreed with the defendant’s arguments that neither the law nor the agreement provided for the lessor’s right to amend, unilaterally and on its own initiative, the agreement, so that to revise the rent, and that the decision of the City Council to increase the rent could not serve as a legislative ground for amending the agreement. The City Council agreed with and did not appeal the court's decision.
Senior Associate, Attorney-at-Law
Restructuring and Insolvency,
Restructuring and Insolvency