Successfully represented the shareholder in a dispute concerning validity of a Shareholders‘ Agreement

Motieka & Audzevičius dispute resolution team successfully represented a client who is a shareholder of the company, in a dispute concerning the validity of a Shareholders‘ Agreement. Court of Appellate instance fully concurred with all M&A‘s arguments, dismissed the opponents’ appeal against the Favourable Court Decision and awarded our client a vast majority of her legal costs.

In dismissing the opponent’s Appeal, the Court emphasized that our client was an innocent party, and it was the appellants, who abused their procedural rights and sought to terminate the validly concluded Shareholders’ Agreement only to avoid performance of their obligations assumed under such agreement.

Today’s judgment will be essential for the client’s defense in other cases, launched against her by the remaining shareholders of the company.