Notification about the ruling of the Supreme Administrative Court of Lithuania
May 14 2024 - 12:00PM
Notification about the ruling of the Supreme Administrative Court
of Lithuania
On 8 May 2024, 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 8 May 2024, the Supreme
Administrative Court of Lithuania rejected the applicants’ appeal
and the Regional Administrative Court's 2024 February 22 decision,
which was in favour of "Vingio turtas" UAB, left unchanged.
The decision 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.
Litigation does not have an effect on the
development of the Akropolis Vingis project. Considering the 8 May
2024 decision of the Supreme Administrative Court of Lithuania, the
applicants (claimants) claims in the civil case should not be
satisfied.
For more information:Dominykas Mertinas Head of
Marketing and Communications AKROPOLIS GROUP, UAB +370 64027001
dominykas.mertinas@akropolis.lt
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