- About Us
M&A and CorporateRegulatory & Competition
Provided legal consultations in a complex civil case on compensation for damages to the insurer. The case examines the issue of the legal classification of the agreement concluded between the policyholder and the security company, which provides for limited civil liability of the security company. It was argued that the security company’s employee acted unlawfully and failed to prevent the fire in and retrievable loss of the protected object. The value of the dispute exceeds EUR 3,000,000 (2014);
Provided legal advice to investors in civil cases examined by the Supreme Court of Lithuania on compensation for damages incurred as a result of inadequate recommendations provided by AB DNB Bank on investing into equity-linked bonds and paying for the bonds using the funds borrowed from the Bank. The value of the dispute is over EUR 3.5 million (2014);
Provided legal consultations on the insurer’s possibility of recovering the insurance benefit paid to the policyholder under the trade credit insurance agreement. In addition to insurance matters, the legal assistance also concerned factoring and other complex legal relations (2014).
Representing clients in civil proceedings before courts (e.g., drafting of procedural documents for a heiress regarding the distribution of Vladas Bieliauskas’ estate and representing her in court; proceedings on invalidation of share purchase agreements; proceedings on awarding debts; proceedings on invalidation of transactions on the grounds of actio Pauliana; proceedings on protection of infringed rights of a shareholder; proceedings on appealing against the bailiff’s actions, etc.).
Representing clients in administrative proceedings before courts (e.g., drafting of procedural documents and representation in courts regarding the appointment of penalties for non-fulfilment of official; proceedings on invalidation of administrative instruments obliging to repay financial assistance provided by the EU support funds; proceedings on cancelling the seizure of a vehicle (for smuggling); proceedings on application of administrative liability to the manager of a night club for exceeding noise limits; proceedings on illegal use of State-owned land (the case of the Centre of Registers building), etc.).
Mergers and acquisitions
Representing the client and drafting documents for the sale of a shareholding in AB Lėvuo. Assistance in carrying out legal due diligence, consulting the client on the acquisition of shares in UAB Baltic Paper; representing clients and drafting documents in other share acquisition / sale transactions.
Establishment of companies (preparation of documents of incorporation, representation of the client in notary offices, banks, and the Centre of Registers), preparation of internal corporate documents (articles of association, shareholders’ agreements, minutes of the general meeting of shareholders, decisions of the sole shareholder, Board decisions, terms of procedure, etc.), consultation of clients on capital increase and other corporate law issues.
Advising the client, the Lithuanian representative office of the biggest alcohol production and sales company in Europe and the second largest company worldwide, on issues related to the application of the Law on Alcohol Control, the Law on Advertising, the Law on Companies, the Law on Legal Protection of Personal Data, and drafting necessary documents.
Drafting of agreement on share sale and purchase, share subscription, loan, lease, aircraft sale and purchase, loan for use, etc. in Lithuanian and English.