Represented a client in a case initiated by an insolvent company

Our Dispute Resolution lawyers successfully represented a client in the Court of Appeal of Lithuania. Our team represented a client in a case that was initiated by an insolvent company.

Having filed a statement of claim, the administrator contested the transactions between our client and the insolvent company as simulated; the administrator also challenged the transactions on the basis of the actio pauliana.

The court of the first instance rejected the statement of claim. However, it declared the nullity of other transactions that were not contested by the claimant ex officio (by its own). Our team appealed this part of the judgment.

The Court of Appeal of Lithuania approved the arguments provided by our team and partially reversed the judgment of the court of the first instance.