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Agnius Pilipavičius

Partner

Vilnius, Lithuania

+370 5 251 4444; 251 4445

agnius.pilipavicius@tgsbaltic.com

Lithuanian, English, Russian and German

Agnius is listed as a recognized expert in corporate and commercial matters by one of the top international legal directories, Legal 500.

MAJOR PROJECTS

Advised AB INVL Technology, a company investing in information and communication technologies, on its transformation into a special closed-ended investment company (2016);

Advised INVL Technology, a company investing in information and communication technologies, on successfully completed public offering of shares with the total issue price of over EUR 10 million and admission thereof to trading on the NASDAQ OMX Vilnius (2015);

Provides legal advice to UAB Valnetas, a bankruptcy administrator, in bakruptcy administration procedures of Ūkio bankas. Advises the Client in day-to-day activities, assists in coordination of asset recovery processes in Lithuania and abroad, and in coordination of closing of representative offices of the bankrupt bank established abroad (2013);

Upon bakruptcy of Ūkio bankas, advised State Company Deposit and Investment Insurance in transfer of Good Bank from Ūkio bankas to Šiaulių bankas, a Lithuanian bank with EBRD among its shareholders. Participated in structuring the transaction and coordination of the approval of the transaction by the Ministry of Finance of Lithuania (2013);

Represents and advises State Undertaking Deposit and Investment Insurance in over a 100 of civil and administrative cases in relation to the bankruptcy of bank Snoras (2011–2013);

Represents Ministry of Energy of the Republic of Lithuania and advises the client in relation to investigation of AB Lietuvos Dujos activity (2011–2013);

Counselled AB City Service, the market leader in building facility management and integrated utility services in the Baltic countries and Eastern and Central Europe operating in Lithuania, Latvia, Russia, Poland and Ukraine, on transfer of client’s business to a subsidiary company, advised the client on carve-out related issues, regulatory and IP matters (2012);

Advised AB Klaipėdos Nafta in connection with offering newly issued shares of the company to the existing shareholders of the company and their admission to trading on NASDAQ OMX Vilnius (Vilnius stock exchange) (transaction value: about LTL 52 million) (2012);

Provided legal assistance to Orion Securities Group in establishment of Algorithmic Trading Portfolio, an alternative investment fund. Drafted all necessary legal documents, including but not limited to Fund’s regulations, the document of essential information for investors, as well as documents regulating Fund’s internal procedures. Represented the client in registering the Fund in Lietuvos Bankas (2012);

Advised Tamro, the largest pharmaceutical distributor in the Baltic region, on reorganization of the group of companies, during which in 3 different stages about 40 companies were merged. Counselled on transmission of licences, proper continuity of activities (2011);

Counselled the UAB Interlinks, AB Vakarų skirstomieji tinklai, AB Rytų skirstomieji tinklai, AB Lietuvos energija in implementation of EU third energy package, based on which main energy sector functions – electricity production and supply, transmission and distribution – have been separated (2010–2011);

Assisted in advising the private investor UAB NDX energija in preparation and performance of the transaction of establishing the national electricity company LEO LT, AB (during the transaction a consolidation was made of the main Lithuanian electricity company LIETUVOS ENERGIJA and two distribution system operators Rytų skirstomieji tinklai and Vakarų skirstomieji tinklai; this transaction resulted in establishment of the company LEO LT, AB. Provided consultations regarding separation of activities and other regulatory requirements set by the EU and national laws and regulations (2008).

OTHER EXPERIENCE

Counselled UAB Melesta, a metal processing company operating in five major cities of Lithuania, on issues of business restructuring – initiation and implementation of restructuring proceedings (2009–2013);

Participated in legal due diligence at Orion Securities Group, the largest non-banking financial group in Lithuania providing intermediation services in selling securities as well as corporate finance, private banking, and financial management services, in order to identify possible business risks, examine whether company’s documents and activity procedure conform to existing legal acts. Analyzed the process of service delivery to end customers, updated service delivery related documentation, prepared recommendations for redesigning customer service procedure as well as suggested the improvement of internal control processes (2012);

Advised Litagra UAB regarding issuance of the convertible bonds (2010);

Represented City Service AB, a manager of one of the largest groups of companies providing building maintenance services in the Baltic States, on the public offering of shares with the aggregate value of EUR 18 million (2009–2010);

Represented a shareholder in the dispute with one of the major companies engaged in demolition of industrial structures and treatment of construction waste (2009–2010);

Advised Malsena plius, UAB regarding issuance of the subordinated bonds (2009);

Advised AB „Krekenavos agrofirma“, the largest fresh meat supplier in Lithuania, on transfer of company‘s real estate to another company, counseled the Client on all related legal issues (2009);

Counselled Vikonda holding in restructuring the controlled group of companies (2008–2009);

Represented one of the largest tailoring companies in Lithuania in settling a dispute between the shareholders (2008–2009);

Represented the interests of LEO LT, AB upon demand of the minor shareholders of AB VST to purchase the shares they hold in a mandatory manner and in subsequent litigation regarding the fair price of AB VST shares (2008);

Counselled AB Vilniaus pergalė, a major producer of confectionery in Lithuania offering the biggest range of products in the Baltic States, in organization and performance of the reorganization by way of spin off of some of the assets and forming companies that will engage in separate lines of business on the basis of those assets (2008);

Represented one of the shareholders in a shareholder dispute in a company, holding one of the biggest household waste management companies in Lithuania (2008);

Represented one of the shareholders in a shareholder dispute in a major Lithuanian factory of confectionery in takeover of the management control in the company (2008);

Counselled a real estate developer on legal issues with regard to construction of a major shopping centre and a number of apartment houses in Klaipėda (2008);

Represented one of the biggest marketplaces in Kaunas in solving the dispute between shareholders (2008–2010);

Represented the seller in structuring the transaction of sale of one of the biggest pig farms in Lithuania and in negotiations with the buyer for the purchase and sale agreement (2008);

Counselled the client of issues of spin off of some of the assets of AB Lietuvos energija to form a new company (2008–2009);

Counselled clients in incorporation of Tiltra Group AB, a holding company controlling largest group of transport infrastructure companies in the Baltics (2008);

Counselled MAXIMA LT on issues of the structure of a new corporate group (2007);

Counselled UAB MARS Lietuva on corporate and employement issues (2007–2010);

Assisted consulting company UAB ASI CONSULTING BALTIC in preparation of the investment project regarding creation of an integrated electronic archive for documents of the Centre of Registers and notaries public (2007);

Counselled Dreggen Crane AS on real estate acquisition issues (2007);

Assisted in solving a dispute between shareholders of UAB Smulkus Urmas (2006);

Assisted in counselling Evroset, one of the leaders in cellular communication market in Russia and one of the largest dealers of a mobile network operators, on issues of cell phones sale in Lithuania (2006);

Represented a major European wholesaler and retailer of medicines and other pharmaceutical products TAMRO in the establishment of the Association of Šeimos Vaistinės Pharmacies, drafted documents for reorganisation of pharmacies belonging to TAMRO Group (2006);

Assisted in counselling UAB Kelesta regarding increase of its authorised capital and changing its legal form to be a stock company, as well as reorganisation of AB Kelesta and AB Kauno tiltai (2006);

Assisted in connection with a legal due diligence of UAB Medinsta and UAB Medsanta pharmacies (2006);

Assisted in connection with a legal due diligence of UAB Bennet distributors, one of the major importers and distributors of alcoholic beverages in Lithuania (2005);

Assisted in connection with a legal due diligence of and privatization of the Lithuanian Airlines (AB Lietuvos avialinijos) (2005).

MEMBERSHIPS

  • Lithuanian Bar Association

PROFESSIONAL CAREER

  • Since 2017 Associate Partner at TGS Baltic (former TARK GRUNTE SUTKIENE)
  • Since 2011 Associate Partner at TARK GRUNTE SUTKIENE
  • Since 2004 Associate at Sutkiene, Pilkauskas & Partners (now TARK GRUNTE SUTKIENE)
  • 2004 training at public institution Vilnius University Legal Clinic (VšĮ Vilniaus universiteto Teisės klinika)

EDUCATION

  • 2006 Vilnius University, Faculty of Law (Master of Law)