📝 Description
The agricultural cooperative "LIT-KOOP," undergoing bankruptcy liquidation, is selling a claim right against an individual’s debt (anonymized). The claim amount is stated as 462 861,90 EUR, with a starting sale price of 370 289 EUR. This claim is currently under judicial dispute at the Kaunas Regional Court, case No. e2-817-775/2025. The rights sold include the principal debt amount plus any interest and legal costs that may be awarded by the court. By purchasing this claim right, the buyer assumes all material and procedural rights and obligations in the ongoing civil case. If the claim size changes before settlement (e.g., if part of the claim is satisfied or additional amounts are awarded), only the remaining portion of the claim is sold, and the purchase price will be adjusted proportionally. Any overpayment resulting from amounts settled before final payment will be refunded to the buyer.
❓ Frequently asked questions
What exactly is being sold in this auction?
The sale is for the right to claim an individual's (anonymized) debt—the right to demand the principal debt amount and other sums accruing by law (e.g., interest, legal costs) in the ongoing civil case.
What is the starting price and the claim amount?
The starting sale price is 370 289 EUR. The claim (debt) amount is listed as 462 861,90 EUR.
When does the auction take place?
The auction starts on 2025-10-10 11:56:41 and ends on 2025-11-10 11:56:59.
Is VAT applicable?
VAT object: No — this sale is not subject to VAT.
Where is the related case material being heard?
The civil case is being heard at the Kaunas Regional Court, case No. e2-817-775/2025.
How can I arrange a viewing and contact details?
Viewing information is provided by the insolvency administrator's representative; specific contact details have been removed for privacy. Please inquire through the auction announcing institution.
What happens if the claim amount changes before settlement?
If the claim amount increases or decreases before settlement (e.g., if the claim is partially satisfied or additional sums are awarded), only the remaining part of the claim is sold, and the purchase price is adjusted proportionally; any overpayment will be refunded to the buyer.