TGS Baltic represented Ūkio Bankas against Deloitte Lietuva and Deloitte Touche Tohmatsu Ltd

01.02.2019 TGS Baltic represented Ūkio Bankas against Deloitte Lietuva and Deloitte Touche Tohmatsu Ltd

TGS Baltic's team represented Ūkio Bankas against Deloitte Lietuva and Deloitte Touche Tohmatsu Limited in a claim for of over EUR 100 million for an improperly performed audit. 

TGS Baltic's team demonstrated extensive knowledge of substantive national and international regulations applicable to auditors when performing an audit of a bank, together with great expertise in issues concerning jurisdiction and the statute of limitations. In January 2019, after a legal battle of almost four years, the parties entered into a Settlement Agreement acceptable to all the parties.