-
W. P. Carey fund’s company wins court case against Kesko Senukai Lithuania
The Court of Appeal of Lithuania issued a favorable decision for our client, a company in Lithuania owned by the U.S. W. P. Carey investment fund, in a legal dispute against Kesko Senukai Lithuania regarding failure to pay rent for a logistics center owned by our client and rented to Kesko Senukai Lithuania. The court acknowledged that Kesko Senukai […]
-
W.P. Carey fund’s company wins court case against Kesko Senukai over unpaid rent
We successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. The Lithuanian Supreme Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics center in Kaunas district to the company owned by the W. P. […]
-
Significant win for major European real estate investment group in SCC arbitration proceedings
We successfully represented our client, one of the largest real estate investment groups in Europe, in arbitration proceedings before the Arbitration Institute of Stockholm Chamber of Commerce (SCC) against a former contractor for one of the largest business centres in Lithuania. The case was unique in that this complex construction dispute was on a large […]
-
UAB Mezon wins court case against Telia Lietuva
Yesterday, the Supreme Administrative Court of Lithuania ruled in favour of our client UAB Mezon in a dispute over the transfer of frequencies together with the acquired Mezon business. In 2020, after Bitė Grup company UAB Mezon acquired the business operating under Mezon brand from LRTC (deal value – EUR 30 million), Telia appealed against […]
-
Court rules that Kesko Senukai must pay over EUR 540,000 to W. P. Carey fund’s company
Our team successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. Kaunas Regional Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics centre in Kaunas district to W. P. Carey fund’s company. The court […]