Complex 10 MEUR cross-border post-M&A arbitration arising from a multi-million asset transaction

Posted on

30 Apr

2018

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Dittmar & Indrenius > References > , , > Complex 10 MEUR cross-border post-M&A arbitration arising from a multi-million asset transaction

We secured a highly favourable arbitration award for our client Fonecta, a leading provider of digital sales and marketing solutions, under the FAI Rules.

The dispute involved complex issues of contractual interpretation, competition law, and intellectual property law. The client’s success was largely attributed to our Powerhouse approach, characterised by efficient cross-departmental teamwork. We successfully requested the consolidation of arbitrations, marking the first such acceptance by the FAI Board. We also obtained an interim injunction order from the district court, which prevented our client from incurring multi-million losses as well as loss of goodwill and customer base.

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