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Representing “Ūkio bankas” in a €100 million case

2019.10.15

In 2016-2019 Daiva Ušinskaitė-Filonovienė represented “Ūkio bankas” in a case against “Deloitte Lietuva” and “Deloitte Touche Tohmatsu Limited” involving a claim to compensate the damages in the amount of €100 million arising from poor audit quality.

The issue of the liability of the bank’s auditors for the bankruptcy of the Lithuanian bank was raised in the case. The case that lasted three years ended with a settlement. It was agreed that “Deloitte Lietuva” will pay €3 million to AB “Ūkio bankas”.