SUMMARY FOR THE PRECEDENT NO. 44/2021

A commercial business case related to the statute of limitations for a counterclaim has been rendered into a judicial precedent.

25/07/2023

Case Summary:

On January 29, 2008, Company H and Company P entered into the contract for the Design Consultancy of a Commercial Center, which was allocated to be carried out in 3 phases. After a period of implementation, Company H unilaterally terminated the contract and filed a lawsuit, requesting that Company P refund the excess amount of the advance payment that Company H had already made. Noting that their rights and interests were infringed, Company P refused to accept Company H’s request. Additionally, Company P filed a counterclaim, requesting that Company H continue to pay the remaining amount as stipulated in the contract.

Details at:

https://drive.google.com/file/d/1IiWvGMoQc_BzvhHEYAcr3AeZHDOMt_IU/view?usp=sharing

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For more information, please contact:

Hoang Pham (James) / Managing Partner at: hoang.pham@vselawyers.com

Attention: This legal update is not an advice and should not be treated as such.