We successfully represented the insolvent credit union Taupkasė (bankruptcy administrator – Klaipėdos administratorių biuras) in a case over recognising a share as a deposit. The claimant, who was granted a loan by the union, sought to nullify the transaction of purchasing a union share as resulting from a mistake and asked the court to recognise […]
We successfully represented the insolvent credit union Taupkasė (bankruptcy administrator – Klaipėdos administratorių biuras) in a dispute with employees over the amount of downtime pay and termination compensation. The employees claimed that bonuses paid should be included when calculating the average wage. The court found in favour of our client, stating that it was lawful […]
Deals & Cases / Laurynas Lukošiūnas
Laurynas Lukošiūnas, a Sorainen partner and head of our Public Procurement & Public Projects practice in the Baltics and Belarus, represented the Republic of Lithuania in a meeting at the European Commission (EC). The goal was to secure Lithuania’s position in terms of its public procurement laws. This is only the second time during the […]
We successfully represented Unis Steel Baltija in an appeal to the Lithuanian Supreme Court in a dispute over the quality of goods sold by our client. In the appeal, Unis Steel Baltija challenged the client’s right to claim damages and the limitation period applicable to the claim. The Lithuanian Supreme Court’s decision develops case law. […]
Publication / Laurynas Lukošiūnas
Lithuanian businessman Vidmantas Kucinskas says he has no knowledge of large-scale fraud charges against him in Russia. Russia’s Alfa Bank is trying to recoup a debt of around 20 million euros from Kucinskas through courts, and the latter believes the bank might try to employ such tactics to bolster its position during the negotiations on […]