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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]
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We defended the interests of a subcontractor in a dispute over reimbursement of defect elimination costs
The Lithuanian Court of Appeal ruled in favour of our client – the subcontractor – rejecting the general contractor’s claims for over EUR 100,000. The court ruled on the scope of liability of the designer of the building and the developer of the work project In the dispute, the parties did not agree on who […]
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Our team wins case before Lithuanian Supreme Court
The Lithuanian Supreme Court ruled in favour of our client in a civil dispute over property rights and the legality of the sale of state-owned intervening land plots without auction. After examining the case in an oral hearing, the Court put an end to a dispute which had lasted three years. Precedent in the field […]