Primus's sports law practice team has advised the Lithuanian football club FC Trakai on and advised Ernestas Setkus, the Lithuanian national team goalkeeper, on separate transfer matters.
Glimstedt has reported that, on July 19, 2016, a judicial panel of the Lithuanian Supreme Administrative Court granted a claim filed by Lithuanian Jews (“Litvaks”) now living in South Africa that the Lithuanian Interior Minister’s decision to refuse their application for restoration of Lithuanian citizenship be revoked and that their application for dual citizenship reinstatement be reconsidered by the Ministry of the Interior.
Tark Grunte Sutkiene has advised AB INVL Technology on its transformation into a special closed-ended investment company. The Bank of Lithuania issued the necessary license and approval in July 2016 and approved the company’s share prospectus for listing of the shares on the NASDAQ OMX Vilnius stock exchange.
Valiunas Ellex has advised Danske Bank on the signing of a lease for a "better and bigger IT center” in Vilnius – a new contract for rental of a 12,000 square meter office building signed with real estate company M.M.M. projects. The firm describes the contract as the largest lease transaction in Lithuania this year.