Marger Law Firm has successfully represented Lithuania’s Svencionys municipality in a dispute about the effectiveness of a previous arbitration award with an unspecified contractor that was heard by the Supreme Court of Lithuania.
The original dispute, which ensued after the contractor failed to fulfill a construction agreement it had signed with the municipality, was first settled in favor of the municipality by Lithuanian arbitral institution Vilniaus Tarptautinis ir Nacionalinis Komercinis Arbitrazas.
According to Marger Law Firm, “subsequently, it was found by the Vilnius Regional Court that the arbitral institution was established unlawfully.” The firm reported that, “on that basis, the contractor tried to annul the arbitration award before the Supreme Court of Lithuania. However, we convinced the court that the current status of the arbitration institution does not affect the legality of the judgements previously passed by its arbitral tribunals.”
Marger Law Firm‘s team consisted of Attorneys-at-Law Valdas Bugelevicius and Julius Petrulionis.
