Rimantas Sinkevičius

Bankruptcy order against Lithuanian Shipping Company

The company Lithuanian Shipping Company (LSC), whose vessels remain arrested in foreign ports and which suffers from an extremely complicated financial situation, will have to file for bankruptcy, said Lithuanian Transport and Communications Minister Rimantas Sinkevičius after a meeting with President Dalia Grybauskaitė on Wednesday. […]


30 percent more Lithuanian companies went bankrupt this February

In February 2015, compared to February 2014, the number of bankruptcies in Lithuania grew by 30 percent. Retails businesses gained the bankruptcy status more often than any other companies. […]


Snoras Bank creditors seek penalty for Ernst & Young Baltic for misleading audit reports

The association of Snoras Bank depositors and creditors addressed in writing the bankruptcy administrator of the bank demanding information whether he intends to pursue claims against audit company Ernst & Young Baltic. […]