Triniti Jurex has successfully represented Restaurants Group Fortas in a dispute with an unnamed insurance company.
“The energy sector has been highly affected in the past few months, as global demand went down tremendously, which has a significant impact on the whole value chain," says Rytis Valunas, GC for oil and LNG terminals operator Klaipedos Nafta. "Many companies, especially from the oil industry, caught themselves in a situation they never dealt with previously." And, he says, "with the pandemic evolving further, the business environment is not likely going to improve soon.”
On September 2, 2020, CEE Legal Matters reported that Motieka & Audzevicius had advised Turing College as the recipient of a EUR 1.2 million investment from Startup Wise Guys and the Motieka Investment Fund. CEEIHM spoke with Co-founder & CBDO of Turing College, Benas Sidlauskas, to learn more about the deal.
Sorainen’s Lithuanian office has advised the state-owned Ignitis Group on its initial public offering and admission to the Vilnius and London stock exchanges. Walless and Dentons advised bookrunners Bank of America, JP Morgan, Morgan Stanley, Swedbank, and UBS on the offering. Linklaters and Ashurst also reportedly advised the Ignitis Group.
As elsewhere in the EU, Walless Partner Gediminas Dominas says, “the thing that Lithuanian lawyers are still talking about is how the reality of an ongoing pandemic is affecting everyday activities.” According to him, “it has affected everything, really, but mostly litigation and disputes – do we go into courtrooms or do things online, and if so, how we confront witnesses, how we ensure confidentiality, witness identity and integrity if it’s all online?"