The Lithuanian Court of Appeal made a decision favourable for our client – the bankrupt credit union Taupkasė (the bankruptcy administrator was Klaipėdos Administratorių Biuras) – in a case over recognising a credit union share as a deposit. Although the court of the first instance ruled in favour of the claimant – a credit union […]
A foreign company represented by our team won a dispute in the Lithuanian Court of Appeal whose decision forms new case law exempting creditors from stamp duty if claiming annulment of transactions when bankruptcy proceedings are initiated against natural persons. So far the practice has been applied only in the case of bankruptcy of legal […]
Klaipėdos administratoriai, represented in court by our team, won a dispute over its removal from the post of bankruptcy administrator. The Lithuanian Court of Appeal found that a creditor seeking to remove our client did not have the right to apply for the administrator’s removal because its claim was less than the minimum amount set […]
We successfully represented the insolvent credit union Taupkasė (bankruptcy administrator – Klaipėdos administratorių biuras) in a domain registration case. Our client sought acknowledgement of its right to the domain names www.taupkase.lt and www.taupkasė.lt, registered by the former chairman of the board, and for the domain registration to be transferred to the union. The court fully […]
We successfully represented the interests of a group of companies in a dispute with a minority shareholder in the Supreme Court of Lithuania (SCL). The minority shareholder, in defence of the company’s interests, brought a claim against the group seeking to prohibit the group from carrying out transactions that allegedly threatened the company’s interests. The […]