Lithuania


AFTINET submission to reviews of ISDS in agreements with Egypt and Eastern European countries
The submission recommends that Bilateral Investment agreements with Hungary, Poland, Czechia, Lithuania and Romania should be terminated without sunset clauses, which preserve existing investor rights to sue after agreements are terminated.
Lithuania and Veolia reach €38m settlement to end decade-long legal disputes
Lithuania and French energy group Veolia have reached a €35 million settlement that ends most of their decade-long legal disputes over municipal heating contracts, the Lithuanian Energy Ministry announced .
Belaruskali demands €12bn in damages from Lithuania over transit sanctions
Belarusian potash fertiliser producer Belaruskali wants 12 billion US dollars in compensation from Lithuania after it suspended transit shipments across its territory in 2022.
Lithuania rejects Belaruskali claims in arbitration lawsuit
After Belarusian potash fertiliser giant Belaruskali filed a lawsuit against Lithuania to the International Court of Arbitration, Lithuania says it does not agree with the allegations.
Lithuania is against EU-Mercosur trade deal, says minister
Lithuania should not back the ratification of the free trade agreement between the European Union and the South American Mercosur bloc, Agriculture Minister Ignas Hofmanas has said.
LiTak-Tak plans to bring EUR 140 mln arbitration claim against Lithuania
The Ukrainian owners of Lithuania's air defense systems developer and producer LiTak-Tak has submitted a claim to the Lithuanian government, saying they will turn to international arbitration if no deal is reached within six months.
Washington arbitration to open proceedings in Veolia vs Lithuania dispute next week
The International Center for Settlement of Investment Disputes (ICSID) in Washington will start hearing a lawsuit filed by French energy group Veolia against the Lithuanian state.
Lithuanian court won't consider EUR 240 mln lawsuit against Veolia group yet
Vilnius regional Court said it had not accepted the lawsuit as the arbitration procedure in Washington has not been competed yet.
Russian fund sends notice of arbitration to Lithuania
The Fund for Protection of Investors’ Rights in Foreign States sent an notice of arbitration against Lithuania for the illegal expropriation of the Bank “Snoras”, in accordance with the investment agreement between the Russian Federation and the Republic of Lithuania.
Latvia is seeking annulment of an arbitral award rendered by the ICSID arbitral tribunal
Latvia has made an application for annulment of an arbitral award in the case of UAB “E energija” (Lithuania) v. Republic of Latvia.