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On February 1, the Vilnius Regional Court upheld VIPC Vilnius’s claim. The court also awarded the company 5 percent. annual interest and 5.2 thousand. EUR.
In September 2018, the Municipality of Vilnius, which initiated the takeover of the former Trade Union Chamber for public needs, transferred 5.996 million LTL to the deposit account. for the assets to be absorbed. In June 2019, the Vilnius Regional Court ruled that LTL 7.781 million should be paid for it. 1,785 million euros more euros.
This judicial decision was challenged by the municipality in the Court of Appeals, but the latter rejected its appeal in May 2020. After unsuccessfully trying to stop the payment of money and receiving a call from a bailiff, the municipality received 1,785 million. transferred only in October 2020.
In its ruling on February 1, the Vilnius Regional Court noted that 1,785 million. VIPC Vilnius was paid almost two years after the court’s decision to allow the confiscation of the applicant’s property for public use went into effect.
“It is obvious that VIPC Vilnius did not receive a significant part of the monetary compensation due to real estate for a long time, the plaintiff did not use these funds and did not receive additional income (…) In the meantime, the municipality used the expropriated property, – written in a court order.
The decision can be appealed to the Lithuanian Court of Appeal within 30 days.
The palace on Taurus Hill was demolished at the end of 2019 and is planned to build 52 million. Euro National Concert Hall.
The Republican Chamber of Union Culture in the style of socialist historicism opened its doors in 1963.
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