€240,500 Vassallo Builders garnishee in Lowenbrau case revoked
Appeals Court allows revocatiion of Vassallo garnishee on Marsovin company Cassar Camilleri
5 May 2021, 4:14pm
by Matthew Agius
The Court of Appeal has upheld a request by Marsovin Ltd for the revocation of a garnishee for €240,525 filed by Vassallo Builders in a case relating to the Lowenbrau deal.
The land once occupied by the Lowenbrau beer factory in Qormi, had been sold in 2009 to Nazzareno Vassallo’s Vassallo Builders Group, where the site is today used for a wedding hall and conferences centre.
The 21,000 square metre plot had been granted to Marsovin’s Lowenbrau by the Maltese government back in 1990 for Lm10,000 in annual rent (€23,294).
A Vassallo Group subsidiary has inaugurated a 3,000-panel photovoltaic installation that can generate enough electricity to power 570 households.
The 1.3 megaw