Veirano obtains a favorable verdict for Hyundai in a lawsuit

Veirano obtained a favorable verdict for Hyundai in a lawsuit filed before the 19th Civil Court of Recife by Veneza Máquinas Comércio and Veneza Trading seeking damages resulting from an alleged wrongful termination of a distribution agreement.

The decision accepted the defense argument and dismissed the case without prejudice due to the confirmation of a valid arbitration clause in the agreement entered between Hyundai and Veneza Trading.

Veirano took over the representation of Hyundai in this case after an expert examination had been concluded in the case pointing out to a liability for Hyundai Ltda. exceeding BRL 100 million. Upon assuming the representation of the defendant, the firm strongly opposed to the conclusions of the expert and asked for additional clarification and presented legal arguments related to the viability of the case.

The recent defense verdict was a result of the court accepting one of these arguments and declaring that, if the defendant Hyundai had standing to be sued for being a company on the same group as the company who entered into agreements with the plaintiff, then the arbitration clause contained in a contract between the plaintiff and one of the companies of the group should also apply to the whole group. This decision will certainly be submitted to the State of Pernambuco Court of Appeals, to be confirmed.

Veirano relied on partners Luiz Guilherme Migliora (pictured left), Priscila Sansone (pictured right) and associate Amanda Dudenhoeffer.

Limongi Advocacia also participated at this deal and relied on Erik Limonge Sial.