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Motieka Audzevicius Successful for JP Srbijagas on Additonal Interim Measures Procedures Against Arvi

Motieka Audzevicius Successful for JP Srbijagas on Additonal Interim Measures Procedures Against Arvi

Serbia
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The Motieka Audzevicius arbitration team has represented Serbian state company JP Srbijagas to secure enforcement of four ICC and VIAC awards in the Republic of Lithuania against the Lithuanian corporation Arvi.

By its final ruling on interim measures, the Lithuanian court applied additional interim measures and prohibited the Arvi from issuing promissory notes by the shareholders, adopting decisions on amending the articles of association, and adopting any decisions determining the extent and value of the rights and obligations of the companies.

Motieka Audzevicius had already secured an arrest of the shares of Arvi valued at approximately EUR 50 million.

Motieka Audzevicius' Senior Associate Rimantas Daujotas represented JP Srbijagas in the dispute.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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