Olav Thon Eiendomsselskap – dispute concerning final settlement for Sørlandssenteret

Grette assisted Olav Thon Eiendomsselskap ASA in a final settlement dispute of more than NOK 400 million following the development of Sørlandssenteret in Kristiansand. The seller (Olav Thon Eiendomsselskap’s counterpart) has raised a MNOK 400 claim for an alleged right to additional payment for the shares in the property company. The case was argued over two weeks in Oslo District Court in January 2018. With assistance from Grette, the court voted in favour of Thon regarding all claims.