News & Affairs
News & Affairs
26. 02. 16
FORT Vilnius represents some of the biggest Lithuanian publishers in the court case regarding violation of the copyrights which does not have any analogue in practice of the national courts
Some of the biggest Lithuanian publishers UAB “Alma littera”, UAB “Baltų lankų” leidyba, UAB “JOTEMA”, UAB “Tyto alba” and UAB Leidykla “Vaga”, represented by FORT Vilnius, has filed a claim regarding violations of copyrights which were conducted by internet portal “http:/visosknygos.com”. This is a first case in the country, when court has received a claim regarding “piracy” of books. The above mentioned internet portal has illegally distributed more than 400 books published by the said publishers without their as well as authors’ consents to use or reproduce their works. According to the gathered data the damage done to the copyrights holders amounts to EUR 225,000.
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News & Affairs
19. 02. 16
News & Affairs
Lithuanian business daily Verslo žinios has announced the legal advisors of 2015 according to number of M&A transactions done. We are happy that FORT Vilnius is among other active M&A advisors in the market.
News & Affairs
News & Affairs
11. 02. 16
The Court of Justice of the European Union has rejected a request of the Supreme Court of Lithuania to use urgent preliminary ruling procedure in a preliminary ruling case initiated by 262 individuals who had subscribed and paid up the emission of shares of currently bankrupt Snoras bank
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.
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