Brief: Länsi-Uusimaa District Court Gives Decision In Lindex Group, Lähitapiola Keskustakiinteistöt Ky Case

Lindex Oyj

29/11/2024 11:07

Nov 29 (Reuters) - Lindex Group Oyj  LINDEX.HE :
    * THE DISTRICT COURT OF LÄNSI-UUSIMAA HAS GIVEN A DECISION
IN THE
CASE BETWEEN LINDEX GROUP PLC AND LÄHITAPIOLA
KESKUSTAKIINTEISTÖT KY CONCERNING THE ANNULMENT OF AN ARBITRAL
AWARD
    * ARBITRAL AWARD HAD DETERMINED THAT AMOUNT OF COMPENSATION
TO BE
PAID TO LÄHITAPIOLA KESKUSTAKIINTEISTÖT KY IS EUR 19.3 MILLION
    * COMPENSATION IS LINDEX GROUP PLC’S RESTRUCTURING DEBT
    * LINDEX GROUP HAS ALREADY PAID EUR 3.5 MILLION OF
COMPENSATION
    * DISTRICT COURT OF WESTERN UUSIMAA DISMISSED LINDEX GROUP'S
CLAIM

Source text:  ID:nWkr4WvpTD 
Further company coverage:  LINDEX.HE 

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