On 7 April 2014 a group of claimants consisting of people that had subscribed and paid up the emission of shares of the bankrupt bank Snoras (Snoras), but had not been granted the subscribed shares due to bankruptcy of Snoras, have initiated court proceedings requesting to recognise them as the depositors of Snoras. The group of people seeks to recover in total approx. EUR 2 millions and to receive personal insurance premiums of up to EUR 100,000 each granted by the EU directive on the deposit-guarantee schemes 94/19/EC (as amended by 2009/14/EB). The courts of lower instances have rejected the claim, therefore, currently the case is pending before the Supreme Court of Lithuania.

Recently the Supreme Court of the Republic of Lithuania has satisfied the request of a group of 262 claimants, represented by FORT, to clarify whether the EU and national law protect them.

The group of claimants consists of people that have subscribed and paid up the emission of shares of the bankrupt bank Snoras, but were not granted the shares subscribed due to Snoras bankruptcy. The group of people seek to recover in total approx. EUR 2 mio and receive personal insurance premiums up to EUR 100,000 granted by the EU directive on the deposit-guarantee schemes 94/19/EC (as amended by 2009/14/EB).