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TGS Baltic successfully represented bankrupt Ūkio Bankas in a dispute against Boslita and Co, a sparkling wine and wine beverages producer, on the EUR 14.6 m loan recovery.
TGS Baltic successfully represented an orthopaedic technical products manufacturer in Lithuania in a dispute with the National Health Insurance Fund with regard to the right to issue orthopaedic technical products to the patients and receive compensation from state funds.
TGS Baltic successfully represented one of the largest companies in the sector of orthopaedic technical products in a legal dispute against the Republic of Lithuania regarding the refusal to compensate the client for orthopaedic technical products issued by the company to patients (case re State liability).
IFLR1000 (International Financial Law Review) is the guide of world’s leading financial law firms. The guide analysis and ranks more than 120 jurisdictions in the world.
TGS Baltic represents the state real estate company Valsts nekustamie īpašumi (State Real Estate), the manager of the state owned real estates, with respect to the fire which occurred on 21 June in the residence of the President of the State - the Riga Castle during the reconstruction and renovation work.
TGS Baltic represents a distressed assets manager in a dispute with a number of debtors, one of them being one the largest pledgors registered in the Latvian Commercial Pledge Register. TGS Baltic files claims, structures defences and represents a distressed assets manager in various civil and criminal court proceedings, including regarding suspected fraud and money laundering, against the debtors and the insolvency administrators. Value of the debt MEUR 40.
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