Represented a holding company in the European Commission

Experts

Ramūnas Audzevičius Mantas Juozaitis

Our team represented a holding company of a major world aluminum production conglomerate, based in the Russian Federation. The company, together with its numerous subsidiaries, held substantial amounts of funds in the Lithuanian bank Snoras, which was declared insolvent in 2012, meaning the funds were lost.

We have filed a complaint to the European Commission regarding the wrongful application of the EU Deposit insurance directive in Lithuania and the disproportional and discriminatory national measures in this field. The complaint is currently pending.

Message was sent successfully

Send a message

Necessary Cookies

These cookies are necessary to enable basic features of this site to function and therefore cannot be turned off.

Name	Provider	Purpose	Expiration
rc::a	google.com	This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website.	Persistent
rc::b	google.com	This cookie is used to distinguish between humans and bots.	Session
rc::c	google.com	This cookie is used to distinguish between humans and bots.	Session

3rd Party Cookies

These cookies allow us to track the number of visits to the website and analyze the traffic of visitors in order to evaluate and improve the performance of our website.

Name	Provider	Purpose	Expiration
_ga	google.com	Registers a unique ID that is used to generate statistical data on how the visitor uses the website.	2 years
_gat	google.com	Used by Google Analytics to throttle request rate.	1 day
_gid	google.com	Registers a unique ID that is used to generate statistical data on how the visitor uses the website.	1 day
_fbp	facebook.com	Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers.	3 months
bcookie	linkedin.com	Used by the social networking service, LinkedIn , for tracking the use of embedded services.	2 years
bscookie	linkedin.com	Used by the social networking service, LinkedIn, for tracking the use of embedded services.	2 years
d/px	adsymptotic.com	Collects data on visitors' preferences and behaviour on the website. This information is u sed make content and advertisement more relevant to the specific visitor.	Session
fr	facebook.com	Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers.	3 years
lidc	linkedin.com	Used by the social networking service, LinkedIn , for tracking the use of embedded services.	1 day
lissc	linkedin.com	Used by the social networking service, LinkedIn, for tracking the use of embedded services.	1 year
NID	google.com	Registers a unique ID that identifies a returning user's device. The ID is used for targeted ads.	6 months
tr	facebook.com	Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers.	Session
UserMatchHistory	linkedin.com	Used to track visitors on multiple websites, in order to present relevant advertisement based on the visitor's preferences.	29 days
lang	linkedin.com	Remembers the user's selected language version of a website.	Session
lang	linkedin.com	Set by LinkedIn when a web page contains an embedded "Follow us" panel.	Session

23 December 2013 / Dispute Resolution

Represented a holding company in the European Commission

Experts

Related news

Court of Appeal upheld the validity of the arbitral award – the opponent’s claim was dismissed

3 June 2025

Arbitration in Lithuania: a guide for international companies

30 May 2025

A historic win: we achieved the highest-ever damages award in a Lithuanian public procurement case

29 May 2025