Notification about the ruling of the Supreme Administrative Court of Lithuania
2023年9月1日 - 1:00AM
Notification about the ruling of the Supreme Administrative Court
of Lithuania
On 30 August 2023, the Supreme Administrative
Court of Lithuania announced its ruling in an administrative case
where Vingio turtas, UAB, an indirectly held subsidiary of
AKROPOLIS GROUP, UAB, is a third party concerned.
In the said case the applicants requested
reversal of the judgment of the court of first instance, which
rejected the applicants’ application for annulment of relevant
decisions of the Vilnius City Division of the National Land
Service, by which it adjusted the boundaries and the area of
Miškiniai strip village that existed before the nationalisation so
that the land plot owned by Vingio turtas, UAB located at Geležinio
Vilko St. 2, Vilnius, is no longer a part of it. The administrative
case was initiated by the applicants seeking to implement the
restoration of their ownership rights.
By its ruling of 30 August 2023, the Supreme
Administrative Court of Lithuania granted the applicants’ appeal
and remitted the case to the court of first instance for
re-examination.
The course of the proceedings discussed above
will have an effect on the currently suspended civil case, where
the same applicants (claimants), inter alia, challenge the
transaction of 4 November 2005 for the acquisition of a land plot
by Vingio turtas, UAB, where the development of the
multi-functional complex Akropolis Vingis is planned, from the
state. The validity of a part of the agreement for sale and
purchase of state-owned land is disputed on the basis of the
alleged violation of the claimants’ right to the restoration of
ownership rights.
The ongoing litigation does not have an effect
on the development of the Akropolis Vingis project. In case the
claims of the applicants (claimants) in the civil case would be
satisfied, the size of the land plot owned by Vingio turtas, UAB
meant for the construction of Akropolis Vingis could be
considerably reduced but the relevant part of the land plot would
not automatically become the property of the claimants. Vingio
turtas, UAB would have a possibility to appeal relevant decisions
favourable for the claimants. The implementation of any decision
favourable for the claimants would be legally complicated and would
trigger many legal issues.
For more information:
Dominykas MertinasHead of Marketing and
Communications AKROPOLIS GROUP, UAB+370
64027001dominykas.mertinas@akropolis.lt
Akropolis (TG:A3KR0S)
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Akropolis (TG:A3KR0S)
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から 6 2023 まで 6 2024