Motieka & Audzevicius has successfully represented AVAgro LLC before Lithuanian courts in a dispute against Singapore-based Dreymoor regarding interim measures pertaining to assets of AVAgro's subsidiary, AVAgro UAB.
According to Motieka & Audzevicius, “the main issue that Dreymoor requested interim measures for, was related to the arbitration between AVAgro LLC, AVAgro UAB, and Dreymoor before ICDR AAA in New York. The Lithuanian Courts dismissed [Dreymoore’s] request for interim measures. Moreover, the Lithuanian Court of Appeals established new case law rules for this type of case. For example, it is advisable to notify the respondent about the request for interim measures (the default rule was ex parte interim measures); it is necessary to clarify the status of the pending arbitration case; it is important to check whether in both cases the claimant seeks similar measures and whether the Arbitral Tribunal is in a better position to evaluate and grant relevant interim measures.”
Motieka & Audzevicius’s team was led by Senior Associate Albertas Sekstelo.