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Motieka & Audzevicius Successful for JP Srbijagas in Vilnius Regional Court

Motieka & Audzevicius Successful for JP Srbijagas in Vilnius Regional Court

Lithuania
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Motieka & Audzevicius is reporting that it successfully represented JP Srbijagas in cross-border litigation before the Vilnius Regional Court in order to secure enforcement of two ICC and two VIAC awards.

According to Motieka & Audzevicius, "the firm has successfully convinced the Court to annul the relevant share-purchase agreements in the total amount of EUR 40 million and bring back these assets back to the debtor – one of the largest companies’ conglomerates in Lithuania." 

Editor's note: In April 2020, Motieka & Audzevicius informed CEE Legal Matters that it had successfully represented Srbijagas before Lithuania's Court of Appeals regarding the case. According to the firm, "the victorious judgment for our clients is now in force and subject for execution."