Application for interim measures dismissed

During the enforcement proceedings, the client’s (creditor’s) debtors applied to the Vilnius City District Court to suspend the distribution and payment of the recovered funds.

However, the interests of the client represented by our Dispute Resolution lawyers were protected following the dismissal of the application by the Court. Vilnius City District Court considered the arguments of the debtors that the distribution of the recovered funds may lead to the initiation of new disputes regarding damages as declarative and not proving any threat to the enforcement of the Court decision.

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