Debt settlement between a company and an association
OÜ Reacilvia · KÜ KANGELASTE 7 · 11509534 · 80162656
Participants and roles: claimant — OÜ Reacilvia; defendant — KÜ KANGELASTE 7
How it started · editorial summary
The association and company agreed on debt and two payments.
The dispute and the court’s decision
KÜ KANGELASTE 7 (now — Narva linn, Kangelaste prospekt 7 korteriühistu). OÜ Reacilvia claimed debt and late-payment interest totalling 14,905.08 euros from KÜ KANGELASTE 7. The association contested the claim. The court approved a settlement: the association acknowledges 12,500 euros and must pay 6,250 euros by each of 30 January and 1 September 2016. The company waives late-payment interest. No mutual claims remain after that debt is paid. Proceedings were terminated; each party bears its own costs and waives appeal. On entry into force, 350 euros of the 700-euro state fee is to be refunded to the company. The order approves terms rather than establishing performance; the contract underlying the debt is not disclosed.
Outcome of this decision
Two payments of 6,250 euros and waiver of late-payment interest approved; proceedings terminated, fee refund 350 euros.
Translation of an anonymised, abridged excerpt from Estonian
1.2. The claimant waives the claim for late-payment interest.