20
Sun, Jan
60 New Articles

Glimstedt Successful for G4S and ACE in EUR 3.5 Million Dispute

Glimstedt Successful for G4S and ACE in EUR 3.5 Million Dispute

Lithuania
Typography

Glimstedt is reporting that it successfully defended the interests of security company G4S and its insurer ACE in an appeal of a EUR 3.5 million decision concerning the Senoji Kibinine restaurant that burned down in summer 2010.

According to the firm, “by its ruling of 7 October 2016, the Court of Appeal of Lithuania upheld the first instance decision that the security company provided services in a proper manner and that actions of the company (its security guard) were in conformity with the contractual obligations and the requirements of the physical protection manual, thus rejecting the claims for damages by claimants and insurance companies.”

Glimstedt reports that its team “in these long and complicated proceedings covering the legal issues of contractual civil liability, as well as insurance relationships and invalidity of transactions” was led by Associate Partner Inga Klimasauskiene.