CASE: THE BUYER TERMINATED THE PRELIMINARY REAL ESTATE SALE-PURCHASE AGREEMENT AND CLAIMED COMPENSATION
Recently, we have heard of cases where real estate sellers terminate preliminary real estate sale-purchase agreements concluded with buyers. The Court of Appeal of Lithuania has recently finished examining the dispute in the opposite situation: the buyer terminated such agreement and demanded compensation from the seller.
An interesting article about the course of the case written by our colleague, Associate Partner Andrius Lukašonokas, who successfully represented the seller’s interests.
Whole article (in Lithuanian)