Deals & Awards

01
01 / 14

Ūkio Bankas Bankruptcy Administrator Comprehensive Advice

TGS Baltic was appointed to handle all legal issues related to
the bankruptcy of AB Ukio Bankas, a major Lithuanian bank that went bankrupt in 2013. The includes a wide range of banking and M&A cross-border assignments as the assets of the bankrupt bank were located in Scotland, Ukraine, Russia, Bosnia and Hercogovina, Hong Kong, Switzerland and other countries.

Investment in New Premises at Žalgirio Arena

TGS Baltic advised Lithuania's largest health club chain, IMPULS LT, on the acquisition and installation of premises at Kaunas Žalgirio arena, the country's largest multi-purpose arena.

Nuclear Fuel Storage Depositories for Decommissioning

TGS Baltic advised Ignalina Nuclear Power Plant regarding the decommissioning (closure) process of the power plant, valued at 2.9 billion euros. The firm represented the client in top-level negotiations with contractors, the European Commission and the closure-fund manager – the EBRD.

Tax Advisory Services Regarding Establishment of a Holding

TGS Baltic counselled Tamro, the largest pharmaceutical distributor in the Baltics, on tax issues related to best jurisdiction for establishing a holding in the Baltic States.

Kimberly-Clark Tax Advice on Baltic Business Structure

TGS Baltic advised Kimberly-Clark, a global producer of personal care products, on tax and regulatory issues in Lithuania, Latvia and Estonia in the context of expansion of Kimberly-Clark’s activity in the Baltic States.

Advice on Participation in Development of Klaipėda Logistics Centre

TGS Baltic advised VPA Real Estate in a project to develop one of the largest logistic centres in the Klaipėda State Seaport area.

of4