The Supreme Court of Lithuania issued a final favorable procedural 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 refusal of Kesko Senukai Lithuania to pay our client EUR 1.2 million in indexed rent due to changes in the Lithuanian consumer price index and the request to amend the lease agreement due to allegedly changed unforeseen circumstances are unfounded.
Our team representing the client
In this case, the client was represented by Sorainen partners Kęstutis Švirinas and Kęstutis Adamonis, counsel Ieva Rimavičienė and senior associate Domantė Lunytė.
