Lithuania / 10 November 2008 / Lithuania, Lietuvos Aukščiausiasis Teismas (Supreme Court of Lithuania) / Belaja Rus v. Westintorg Corp. / 3K-3-562/2008
| Country | Lithuania |
| Court | Lithuania, Lietuvos Aukščiausiasis Teismas (Supreme Court of Lithuania) |
| Date | 10 November 2008 |
| Parties | Belaja Rus v. Westintorg Corp. |
| Case number | 3K-3-562/2008 |
| Applicable NYC Provisions | V | V(2) | V(2)(b) |
| Source |
https://www.lat.lt (website of the Supreme Court of Lithuania) |
| Summary | Belaja Rus (“Belaja”) entered into an agreement with Westintorg Corp (“Westintorg”), which contained an arbitration clause. A dispute arose and Belaja obtained a favorable arbitral award, which it sought to have recognized and enforced in Lithuania before the Lietuvos Apeliacinis Teismas (Court of Appeals of Lithuania). Westintorg challenged the recognition and enforcement of the award on the basis of Article V(2)(b) NYC, arguing that the award violated Lithuanian public policy as the tribunal had awarded punitive damages to Belaja. The Lietuvos Apeliacinis Teismas found in favor of the Belaja and Westintorg appealed. The Lietuvos Aukščiausiasis Teismas (Supreme Court of Lithuania) granted enforcement only to part of the award, applying Article V(2)(b) NYC. After noting that an unreasonable and disproportionately high interest rate in the award could amount to a violation of Lithuanian public policy, it held that, in the present case, the final amount of interest was disproportionate and therefore against Lithuanian public policy. |
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Attachment (1)
 Original Language Adobe Acrobat PDF |
