Arbitral award enforcement case

Motieka & Audzevičius’ arbitration team has successfully represented Serbian state company JP Srbijagas in procedure regarding the application of provisional measures in the arbitral award enforcement case.

The firm applied for interim measures to secure enforcement of VIAC awards in the Republic of Lithuania against major Lithuanian corporation Arvi. By its final ruling on interim measures, the court has decided to arrest the shares of the client’s counterparty Arvi for the value of ~50 EUR million.

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