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Motieka & Audzevicius Successful for JP Srbijagas in Vilnius Regional Court

Motieka & Audzevicius Successful for JP Srbijagas in Vilnius Regional Court

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Motieka & Audzevicius is reporting that it successfully represented JP Srbijagas in cross-border litigation before the Vilnius Regional Court in order to secure enforcement of two ICC and two VIAC awards.

According to Motieka & Audzevicius, "the firm has successfully convinced the Court to annul the relevant share-purchase agreements in the total amount of EUR 40 million and bring back these assets back to the debtor – one of the largest companies’ conglomerates in Lithuania." 

Editor's note: In April 2020, Motieka & Audzevicius informed CEE Legal Matters that it had successfully represented Srbijagas before Lithuania's Court of Appeals regarding the case. According to the firm, "the victorious judgment for our clients is now in force and subject for execution."

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COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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