In court – a dispute between two “Sportland LT” shareholders over 5.7 million euros
Estonian sports goods trading company “Sportland International Group” must pay more than 5.7 million euros to Vladas Korsakovas and his spouse for one of the large…
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Seimas – initiative to prevent litigation in arbitrations with the country where energy investments are made
The Seimas took up a proposal to ratify a procedure that would prevent investors in the energy sector from litigating against the country in international arbitrations where they invest.
The court rejected Orlen Lietuvos’s request to temporarily seize Petrofac’s assets in Lithuania
The court rejected the request of the Lithuanian oil import and refining company “Orlen Lietuva” to temporarily seize the billion-dollar project at the Mažeikiai plant of its former contractor…
Sources: Orlen Lietuva seeks to recover 104 million euros from Petrofac in arbitration
Lithuanian oil import and refining company “Orlen Lietuva” is seeking to claim 104 million euros in arbitration from a former contractor – a UK energy company experiencing financial difficulties…
„CK Hutchison“ demands more than 1.5 billion USD for taking over ports from Panama
Hong Kong conglomerate “CK Hutchison” announced on Thursday that it has initiated an international arbitration process against Panama over a concession agreement allowing the management of two ports in Panama…
An additional 0.63 million euros requested for state disputes with “Belaruskalij” and “Hasenberg”
The Ministry of Finance proposes to the Government to allocate an additional 633 thousand euros for Lithuania’s disputes in international arbitrations with the Belarusian potash fertilizer producer “Belaruskalij” and…