- 28. 10. 2019
- Posted by: admin
Our client, a private equity fund and minority shareholder of a shopping centre, approached us to review payments made to its supplier – a facility management company – based on an allegation of potential unjustified management fees charged to the Client.
The team conducted a high-level review of payments to the facility management company for the period from 2007 to 2010. We compared the entitlement of the facility management company with contract provisions and identified a difference amounting to EUR 3.5m. Our results were used as the basis for the Client’s lawsuit and were also provided to the counterparty.