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Friday 30.09.2016 | Name days: Menarda, Elma, Elna
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Lithuania may use state immunity rights against Antonov

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULithuania may use the state immunity principle guaranteed by international law in the legal dispute with the former owner of Latvijas Krajbanka and Snoras Bank Vladimir Antonov, who currently hides from Lithuanian authorities and wishes to enforce at least EUR 558 million from Lithuania in Moscow Court of Arbitration.

As noted in the official decision of Lithuania’s Justice Ministry, it is planned to inform Moscow Court of Arbitration of Lithuania’s stance on this matter.

Fort law firm’s lawyer Andrjus Bambals approves of this decision. ‘It is a principle of international law; that one country is unable to view a plea against another country without that country’s consent,’ – he told BNS.

According to him, Antonov’s complaints against Lithuania are basically aimed at the disposal of Snoras shares.

«Disposal is not a field of private rights; it is a sovereign state public act. With that, it is either necessary for Lithuania to provide its consent [to allow the viewing of the case in Moscow court], or to have the case be viewed in Lithuania,» – said the lawyer.

Justice ministry notes that Lithuania references state immunity based on the jurisdiction of Russian courts, including immunity against temporary protection measures, sentence execution and other actions.

Lithuania’s and Russia’s bilateral agreement on investments and bilateral protection provides that investment disputes and be resolved in a competent court or court of arbitration of the country in which investments were performed. Other competent courts include Arbitration Institute of the Stockholm Chamber of Commerce, International Court of Arbitration of the International Chamber of Commerce.

It is possible the government will order Lithuanian Foreign Affairs Ministry to submit a diplomatic note to Russia about actions of Moscow Court of Arbitration that are believed to breach the immunity of the Lithuanian state.

On 11 August, Lithuanian Justice Ministry received Antonov’s plea against Lithuania for compensation of damage worth EUR 558 million that, according to Antonov, was caused to his property and reputation.

Ref: 102.109.109.6091


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