Former Revolut Regulatory Compliance Manager Evelina Agota Vitkute has returned to private practice and joined Adon Legal as a Partner.

On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Oana Ijdelea of Ijdelea & Associates to learn what they are looking forward to the most.

Motieka & Audzevicius, Mar 3, 2022

The initially planned major changes to the security interest regime in Lithuania, which would remove notarial certifications of mortgage/pledge, have not materialized. However, certain amendments to Lithuanian laws governing security interests will enter into force from January 1, 2022.

Former Associate Partner Marius Rindinas has been promoted to Partner at SPC Legal.

Triniti Jurex’ Giedre Ciuladiene and Arturas Vaisvila have become Partners, while Raminta Vilcinskaite and Olga Siomina have been promoted to Associate Partners with the firm.

A booming economy – with some legislative updates hampering the smooth sailing of corporate operations – and frictions with China and Belarus are the key updates for Lithuania, according to Glimstedt Partner Andrius Ivanauskas.

Ruta Armone, Migle Petkeviciene, and Dovile Stancikaite have been promoted to Partner at Ellex in Lithuania. 

Head of Public Procurement specialization group Karolis Smaliukas and Head of Energy Industry group Paulius Zapolskis have been promoted to Partner at TGS Baltic in Lithuania, as of January 1, 2022.

Sorainen has promoted nine new Partners in three different countries. Estonia's Kaido Kunnapas and Katlin Krisak, Lithuania's Simonas Skukauskas, Monika Malisauskaite-Vaupsiene, Evaldas Dudonis, Kazimieras Karpickis, and Indre Sceponiene, and Belarus' Ann Laevskaya and Kirill Laptev have all joined the Sorainen partnership at the beginning of 2022.

Rokas Jankus and Edvinas Lenkauskas have been promoted to Partner at Motieka & Audzevicius, as of January 1, 2022.

Contributed by ILAW Lextal.

Marius Matiukas has joined Adon Legal as Partner.

The real estate market in all three Baltic States is closely related and, although the legal systems vary a bit, buyers face the same or similar issues. Although important details concerning the purchase of real estate are brought forth in the sale contract drawn up by a notary (in Estonia and Lithuania) or attorney at law (in Latvia), in practice various nuances still tend to be left unattended.

On September 28, 2020, CEE Legal Matters reported on state-owned Ignitis Group’s initial public offering and admission to the Vilnius and London stock exchanges. We spoke with Walless Partner Joana Baublyte-Kulviete to learn more about the offering.

In my career, I have lived through four crises. In 1991, when I started a legal business, there was a total economic collapse, with a shortage of the most basic essential goods – no furniture or computers, or even proper light bulbs for the office. Then there was the ‘Russian’ crisis of 2000, a crisis of foreign currency and the ruble. The one of 2008-2010 followed. And now we have the COVID-19 pandemic – perhaps not so much an economic crisis as one arising from a climate of uncertainty.

Directive 2019/2161 of the European Parliament aims to ensure better enforcement and the modernization of EU consumer protection rules. The Omnibus directive is also known as the consumer GDPR because it sets forth hefty fines for infringements of the regulatory framework on consumer rights protection. The Omnibus directive must be transposed into the national legislation by November 28, 2021.

Cobalt has advised Novian Group company Novian Systems on the acquisition of information systems and software developer Elsis PRO.