Primus Derling has successfully represented founders of PriceOn in a dispute before the Supreme Court of Lithuania.
The dispute lasted for five years and was based on claims from PriceOn investors. The Supreme Court ruled in favour of the PriceOn founders and overturned previous decisions of the court of the first instance and the court of appeals.
According to Primus Derling, the award of the Supreme Court of Lithuania not only defended PriceOn against significant claims of the investors but also will serve as a reference point for start-ups in Lithuania.
The Primus Derling team consisted of Partner Marius Devyzis, Senior Associate Martynas Kalvelis, and Associate Ingrida Maciute.