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Appeal court reopens Luminor claim in individual-enterprise bankruptcy
The Kaunas refusal failed for skipping the delay-renewal question first; the EUR 39,539.77 mortgage claim returns for rehearing, with termination and notary entry not decisive.
By Taxxa AI OyPublished 12 November 2026
Industry: Across industries
Lietuvos apeliacinis teismas set aside the Kauno apygardos teismas refusalTeismai of 22 September 2026 and sent the Luminor Bank AS claim back for a fresh hearing
Teismai in the simplified bankruptcy of the J. P. individuali įmonė
Teismai. The administrator, Vytautas Glodenis, had asked on 11 September 2026
Teismai to add the bank, acting in Lithuania through its Lithuanian branch, to the creditor list
Teismai with a mortgage-secured claim
Teismai of EUR 39,539.77
Teismai. The appeal ruling of 12 November 2026 annuls the refusal
Teismai and orders the first-instance court to decide the late-filing question first and only then the merits
Teismai.
The amount claimed breaks down into EUR 39,373.95 to be satisfied in the first stage and EUR 165.82 in the second. It rests on the credit agreement of 10 August 2007 No. BK 07/08/29VY concluded with the enterprise owner as a natural personTeismai. The enterprise went bankrupt under the Kaunas order of 16 March 2026, effective 21 April 2026
Teismai, with the owner joined as co-defendant.
The Kaunas court recorded that the 30-day filing periodTeismai had expired
Teismai but refused the request on enforceability
Teismai, finding, in its view, that the bank had no enforceable claim
Teismai: the credit agreement had not been terminated
Teismai, no default had been shown
Teismai and no notary executory entry for recovery from the mortgaged property existed
Teismai. Only claims whose deadline had arrived and which remained unperformed could be confirmed
Teismai, it reasoned.
On the deadline, the appeal panel agreed the filing was lateTeismai but held lateness alone did not decide the case
Teismai. The Article 41(1) period of the Juridinių asmenų nemokumo įstatymas runs from publication of the bankruptcy order on the supervisory-authority website
E TAR: the effective order reached the Audito, apskaitos, turto vertinimo ir nemokumo valdymo tarnyba on 21 April 2026
Teismai, publication follows by the next working day under Article 32(1)(3), here 23 April
Teismai, so the period expired on 25 May 2026
Teismai. The bank applied on 11 September.
Teismai But the first-instance court never examined why the delay occurred
Teismai and never ruled on renewal
Teismai, although that question comes first
Teismai and is decided on the court's own motion
Teismai. Renewal for serious reasons follows Article 78(1) of the Civilinio proceso kodeksas. Public posting alone does not prove the creditor actually learned of the bankruptcy
Teismai, and the administrator must send creditors a copy of the effective order within three working days under Article 27(3)(1). Here the bank is a creditor of the owner as a natural person rather than of the enterprise
Teismai, and the file says nothing about when or how it learned of the case.
On substance, the rehearing standard is that all of the legal person's obligation deadlines are deemed to have arrived once the bankruptcy order takes effect, under Article 61(1)E TAR, and the same applies to the owner's personal obligations when the debtor is an individuali įmonė
Teismai, whose personal creditors may join the enterprise bankruptcy
Teismai. Termination and a notary executory entry are therefore not preconditions
Teismai, and no enforcement document needs to have been issued already
Teismai. The first-instance court should have examined the material merits, orally if disputed, instead of treating those absences as conclusive.
The refusal is annulled under Articles 337(1)(3) and 338 of the Civilinio proceso kodeksas. The Kaunas court must first set a time for arguments on the delay and renewal, decide that point, and only then assess the claim on its merits.Teismai The EUR 60 fee the bank paid for its separate appeal is returned
Teismai through the Valstybinė mokesčių inspekcija, since a creditor appealing refusal of its own claim pays no such fee
Teismai.
Legal basis: Juridinių asmenų nemokumo įstatymas Articles 41, 32(1)(3), 27(3)(1) and 61(1); Civilinio proceso kodeksas Articles 78(1), 83(1)(9), 87, 337(1)(3) and 338.
If you administer an individual-enterprise bankruptcy or act for an owner-side creditor, diary the AVNT-publication 30-day limit and file delay reasons with actual-notice evidence, because expiry alone ends the claim.