On 11 May 2011, Kaunas District Court declined the lawsuit of VšĮ Kaunas “Žalgiris” sponsor against AB Bank SNORAS. In the lawsuit, submitted on 14 January 2010, the sponsor of VšĮ Kaunas “Žalgiris” requested the court to acknowledge the loan agreement as invalid and to admit the loan in the amount of 3,000,000 litas, received according to the agreement, as the support.
Vladimir Streckij
Director of Finance Brokerage Department
Tel. +370 5 232 7212