📝 Description
The agricultural cooperative Žemės ūkio kooperatyvas "LIT-KOOP", currently undergoing bankruptcy liquidation, is selling a claim right against the Šimkų Agricultural Company, valued at 180 118,80 EUR. A legal dispute concerning this claim is currently active in the Kaunas Regional Court (Case No. e2-1350-413/2025). The claim right being sold includes the principal debt amount plus any legally mandated additions, such as interest and legal costs, should the court award them. The buyer acquires all material and procedural rights and obligations of the claimant in the ongoing civil case. If the claim amount changes before the sale concludes (e.g., due to partial satisfaction of the claim or awarded additional sums), the sale proceeds based on the revised amount, and the initial sale price is proportionally adjusted. If part of the claim is satisfied before final payment, only the remaining portion is sold, and the purchase price is reduced proportionally; any overpayment made by the buyer will be refunded.
❓ Frequently asked questions
What is the initial sale price?
The initial sale price is set at 72 047 EUR.
What is the total value of the claim right (debt)?
The claim right being sold covers a 180 118,80 EUR amount, which may include awarded interest and legal costs if granted by the court.
When does the auction take place?
The auction starts on 2025-11-11 09:00:00 and ends on 2025-12-11 09:00:59.
Where is the case related to the claim being heard?
The civil case is being heard in the Kaunas Regional Court, Case No. e2-1350-413/2025.
Is this asset subject to VAT?
No, this asset is not subject to VAT.
How do the sale terms change if the claim amount changes?
If the claim amount increases or decreases before the sale or before settlement (e.g., a partial satisfaction of the claim or awarded additional sums), the sale proceeds based on the revised claim size, and the initial sale price is adjusted proportionally. If part of the claim is satisfied before settlement, only the remaining portion is sold, and the overpayment will be returned.
How can I arrange a viewing or document review?
Viewing and document review are possible by agreement with the insolvency administrator; contacts are removed from the announcement due to personal data protection, so please use the communication channels provided by the auction platform or organizer.