Panevezio Statybos Trestas

Legal Proceedings Report • Apr 22, 2020

Disclosure 382518

Panevezio Statybos Trestas - Notification on material event

Court Judgement

The Judicial Panel of the Supreme Administrative Court of Lithuania following the written proceedings on appeal at the court session conducted the hearing of the administrative case based on the appeals by the applicants Panevezio statybos trestas AB and Active Construction Management UAB (the former name Irdaiva UAB), in respect of which the bankruptcy proceedings have been initiated, on the judgement of the Vilnius Region Administrative Court dated 14 May 2018 in the administrative case based on the complaints of Panevezio statybos trestas AB and Irdaiva UAB against the respondent, the Competition Council of the Republic of Lithuania, on vacation or amendment of the judgement (the parties third interested are Panevezio statybos trestas AB and Irdaiva UAB).

Following Article 143 (4) of the Law on Administrative Proceedings of the Republic of Lithuania, the Judicial Panel has made the decision to reserve the procedural judgement and its announcing. The procedural judgement is to be announced at 13:00 on 20 May 2020.

More information:

Dalius Gesevicius

Managing Director

Tel.: (+370 45) 505 503