Two Parties Dispute Solved Through Third Party

Business tycoon Vincent Tchenguiz has solved a High Court argument with an organization run by an Israeli ex-secret service mediators who were claiming that he had not pay full amount of his bills. The applicant Black Cube told Peters & Peters to open argument in March. Tchenguiz opposed this argument by launching crime proceedings against Black Cube located in Israel. Black Cube assumed Tchenguiz and his corporation Vincos, which trades as agreement Business Group, agreed to disburse it full charges for task carried out for him on court case across the world.

The main arguement is for “debt and various other damages” and the total breach of agreement is supposed to be more than £330,000. Additionally, company claimed that Tchenguiz had committed to pay full amount and also agreed to pay 1% of cash settlement, court activity proceedings and taking action from a proposed movie about Tchenguiz.

The case subject was an anti-suit injunction claim in the High courtyard a few months ago. Yesterday both parties withdrew their claims. A representative of Consensus said: “The parties’ quarries or disputes have been established with the help of a third party judgment process. Recently party will not make any further comment.”