Region: Lithuania

Lithuanian state entity declares win in power plant dispute

A Lithuanian state-controlled energy company says it has won a Stockholm Chamber of Commerce award holding a Polish contractor liable in a dispute over a €150 million contract for an unfinished biomass incineration unit.

09 August 2022

Lithuania defeats claim over bank nationalisation

An UNCITRAL tribunal has thrown out a US$300 million treaty case against Lithuania after ruling that a Russian fund could not bring the claim on behalf of the former majority shareholder of a nationalised bank.

12 July 2022

Lithuania stymied by its own courts in Veolia dispute

Lithuania has once again been stymied by its own judiciary in a fight with French environmental services group Veolia, as an appeal court upholds a decision refusing to admit claims the state originally raised in an intra-EU ICSID dispute between the parties.

28 June 2022

Tajik state airline escapes US enforcement bid

A US appeals court has dismissed a Lithuanian company’s bid to enforce a US$20 million award issued by a Vilnius-seated tribunal against Tajikistan’s national airline, agreeing that a lower court lacked personal jurisdiction over the flag carrier.

21 June 2022

Russian state-owned energy group threatens Lithuania

Russian state-owned energy group Inter RAO has threatened Lithuania with a treaty claim.

07 April 2022

Lithuania’s suit against Veolia thrown out

A court in Vilnius has refused to admit claims brought by the Lithuanian government against French environmental services group Veolia that were originally raised in an intra-EU BIT arbitration at ICSID.

14 February 2022

Lithuanian suit against Veolia can proceed despite ICSID case

Lithuania’s Supreme Court has ruled that the country’s energy ministry is not barred from pursuing a €240 million lawsuit against French environmental services group Veolia in local courts due to a pending ICSID claim, citing European Court of Justice case law on the invalidity of intra-EU BITs.

19 January 2022

Lithuania faces air defence claim

Ukrainian investors in an air defence contractor have reportedly threatened a €140 million claim against Lithuania after its activities were halted because of national security concerns.

30 July 2021

Discovery order for Baltic treaty claim upheld

A US appeals court has upheld an order requiring consulting firm AlixPartners and its CEO to produce evidence in aid of a Russian fund’s investment treaty claim against Lithuania – concluding that the arbitration is a proceeding before a foreign tribunal for the purposes of US discovery law.

16 July 2021

Funding of SCC claim draws scrutiny in Lithuania

A deal agreed by the Lithuanian city of Vilnius to finance its €560 million SCC claim against France’s Veolia has shone a rare spotlight on arrangements for third-party funding of claims by public entities – as well as drawing scrutiny from a local anticorruption body.

10 March 2020

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