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  • Representing Alfa bank in debt recovery from Vidmantas Kučinskas

    Deals & Cases

    We represent Alfa bank, a creditor of Arvi ir ko, in debt recovery from Vidmantas Kučinskas and identifying possibly illegal acts by the businessman, who is suspected of financial fraud and was detained when crossing the border between Slovenia and Croatia on 15 July 2020. On 29 July 2020 it was announced that Kaunas Regional […]

  • Landmark court decision: company sales transactions by V. Kučinskas annulled

    Deals & Cases

    We successfully represented Alfa Bank, a creditor of Arvi ir ko, in a case concerning annulment of company sales transactions by Arvi ir ko. A panel of judges of the Lithuanian Court of Appeal ruled to annul the sale of Lietuvos cukrus, Rietavas veterinarinė sanitarija and Arvi kalakutai to Cypriot companies. This court decision will […]

  • Lietuvos geležinkeliai signs electrification purchase contract

    Deals & Cases

    We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]

  • Court of Appeal: former head of Kėdainių aruodai not responsible for company losses

    Deals & Cases

    The Lithuanian Court of Appeal upheld the first instance court ruling in a precedent-setting case concerning damages related to company losses. The Court of Appeal dismissed the appeal and ordered Kėdainių aruodai to pay the litigation costs. On 30 October 2019, the court decided in a final ruling that potential loss-making business transactions do not automatically […]

  • Court rules that waste transportation contract with Ekonovus not to be suspended

    Deals & Cases

    We represented Ekonovus in a lawsuit in which utility company VSA Vilnius sought to suspend implementation of a contract for waste transportation in the city centre. The value of the contract awarded by Vilnius Municipality is EUR 16.3 million. The Lithuanian Court of Appeal ruled in favour of our client and upheld the decision of […]

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