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Senior Associate
Vilnius, Lithuania
+370 5 251 4444; 251 4445
Lithuanian, English, Russian
Provided legal consultations in a complex civil case on compensation for damages to the insurer. The case examines the issue of the legal classification of the agreement concluded between the policyholder and the security company, which provides for limited civil liability of the security company. It was argued that the security company’s employee acted unlawfully and failed to prevent the fire in and retrievable loss of the protected object. The value of the dispute exceeds EUR 3,000,000 (2014);
Provided legal advice to investors in civil cases examined by the Supreme Court of Lithuania on compensation for damages incurred as a result of inadequate recommendations provided by AB DNB Bank on investing into equity-linked bonds and paying for the bonds using the funds borrowed from the Bank. The value of the dispute is over EUR 3.5 million (2014);
Provided legal consultations on the insurer’s possibility of recovering the insurance benefit paid to the policyholder under the trade credit insurance agreement. In addition to insurance matters, the legal assistance also concerned factoring and other complex legal relations (2014).