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Cobalt Successful for UAB Grifs Before Lithuanian Court of Appeal

Cobalt Successful for UAB Grifs Before Lithuanian Court of Appeal

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Cobalt has successfully represented security services company UAB Grifs before a first-instance court and the Lithuanian Court of Appeal in a dispute regarding the company's alleged failure to properly perform its obligations toward a client.

Founded in 2003, Grifs is a Lithuanian company that provides licensed security services for companies in the Baltic States.

According to Cobalt, "another company operating in Lithuania sought to recover almost EUR 500,000 in damages from Grifs for an alleged failure to perform its client's obligations properly."

The Cobalt team included Partner Marius Inta and Senior Associate Valdemaras Kovalevskis.