📝 Description
The agricultural cooperative "LIT-KOOP", currently undergoing bankruptcy liquidation, is selling a claim right valued at EUR 31,238.31 against a natural person's debt (anonymized). This claim is currently part of ongoing litigation in the Kaunas District Court, case no. e2-16334-1107/2025. The sale includes the principal debt amount plus any other sums recoverable by law, such as interest and legal costs, if awarded by the court. By acquiring this right, the buyer assumes all material and procedural rights and obligations of the plaintiff in the case. If the claim amount changes before final settlement—for example, if the claim is partially satisfied or additional sums are awarded—the claim is sold based on the revised amount, and the initial sale price is adjusted proportionally. If any part of the claim is satisfied before the buyer finalizes payment and signs the necessary documents, only the remaining portion of the claim is sold, and the purchase price is reduced accordingly. Any overpayment made by the buyer will be refunded.
❓ Frequently asked questions
What is the starting auction price and the nominal value of the right being sold?
The starting auction price is EUR 24,990. The nominal value of the claim right offered for sale is EUR 31,238.31.
When does the auction take place?
The auction starts on 2025-10-10 11:56:54 and ends on 2025-10-30 11:56:59.
Which case is the claim associated with?
The claim is related to civil case no. e2-16334-1107/2025 being heard in the Kaunas District Court.
Is VAT applied to the starting price?
VAT object: No.
What rights does the buyer assume when acquiring the claim right?
By acquiring the claim right, the buyer assumes all material and procedural rights and obligations of the plaintiff in the ongoing civil case.
What happens if the claim amount changes before settlement?
If the claim amount increases or decreases before settlement (e.g., the claim is partially satisfied), only the remaining portion of the claim is sold, and the purchase price is adjusted proportionally. Any overpayment by the buyer will be returned.
How are viewing and document inspection arranged?
Viewing and document inspection should be arranged with the auction organizer via the official auction announcement channels; direct contacts are anonymized in this announcement information.