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Motieka & Audzevicius Successful for ICOR Group in Dispute with Republic of Lithuania

Motieka & Audzevicius Successful for ICOR Group in Dispute with Republic of Lithuania

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Motieka & Audzevicius has successfully defended Veolia's Lithuanian partner ICOR Group and other Lithuanian respondents, before Court of Appeal, from a EUR 240 million claim filed by the Republic of Lithuania.

According to Motieka & Audzevicius, “On February 14, 2022, the Vilnius regional court ruled that Lithuania’s counterclaims against French investors and Lithuanian companies and natural persons, which were originally raised in ICSID arbitration, were not admissible. In addition, the Court held that even if they were admissible, Lithuanian courts do not have jurisdiction to examine such claims. Therefore, Lithuania’s counterclaims should be brought to the French courts where the French investors are domiciled.”

After the appeal by the government, Motieka & Audzevicius convinced the Court of Appeal that the government’s appeal was ungrounded and, according to the firm, “on June 28, 2022, the Court of Appeal rejected the government’s appeal.”

The Motieka & Audzevicius team included Partners Rimantas Daujotas and Ramunas Audzevicius, Counsel Denis Parchajev, Senior Associate Henrikas Stelmokaitis, and Associate Dmitrij Maciugin.

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