Teo LT sues individual for 12 million litas

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Teo LT sues individual for 12 million litas

Aug 27, 2008
By Adam Mullett

DELAYED HEADQUARTERS: This is how the new building will look.

VILNIUS - The Lithuanian telecommunications company Teo LT is suing Vilnius resident Vytautas Petrauskas for an initial 12 million litas (3.48 million euros) in damages after Petrauskas’ court case against the municipal government delayed construction of the company’s new headquarters. Teo LT representatives said the sum was enough to cover the losses they incurred over a period of litigation with Petrauskas. They say that because they had already sold their old headquarters they had to continu ...

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