The Legal 500

Bernotas & Dominas Glimstedt

JOGAILOS G4, 01116 VILNIUS, LITHUANIA
Tel:
Work +370 5 2690 700
Fax:
Fax +370 5 2690 701
Web:
www.glimstedt.lt
Email:

What we say about the firm's legal practice in Lithuania

Banking and finance

Within Banking and finance, Advokatfirman Glimstedt is a second tier firm,

Law Firm Bernotas & Dominas Glimstedt is ‘diligent’, ‘professional and client-oriented’, and has a longstanding reputation in the finance sector thanks to name partner Gediminas Dominas, who is playing an increasing role in financial litigation. The group advised Norwegian fund Baltic Sea Properties and its manager on restructuring its Lithuanian financial arrangements.

Corporate and M&A

Within Corporate and M&A, Advokatfirman Glimstedt is a second tier firm,

Law Firm Bernotas & Dominas Glimstedt is ‘very skilled and well structured to manage large M&A projects’. Remigijus Jakutis and Kestutis Jaskutelis lead on high-end mandates such as the structuring and incorporation of Business Angels Funds, a new equity investments platform established under the EIF’s JEREMIE initiative to revitalise domestic M&A.

Dispute resolution

Within Dispute resolution, Advokatfirman Glimstedt is a second tier firm,

First-class’, Law Firm Bernotas & Dominas Glimstedt has ‘excellent lawyers and real business acumen’. Gediminas Dominas is a leading arbitrator and also represented Putoksnis UAB in ICC arbitration opposite the UK’s Simmons & Simmons LLP. Kestutis Jaskutelis is ‘excellent at handling demanding clients’.

EU and competition

Within EU and competition, Advokatfirman Glimstedt is a second tier firm,

Last year’s recruitment of former Competition Council chairman Rimantas Stanikunas is paying dividends for Law Firm Bernotas & Dominas Glimstedt. It is acting for clients such as Latvian Railways in a predatory pricing and cross-subsidisation investigation, and advising Lukoil Baltija concerning an investigation into alleged anti-competitive distribution and retail of oil products.

Intellectual property

Within Intellectual property, Advokatfirman Glimstedt is a third tier firm,

Law Firm Bernotas & Dominas Glimstedt’s ‘loyal’ and ‘disciplined’ Giedre Rimkunaite heads the IP practice, and recently succeeded in the Supreme Court on behalf of Zino Davidoff in overturning rulings of trade mark infringement against the State Tobacco Control Service.

Real estate and construction

Within Real estate and construction, Advokatfirman Glimstedt is a second tier firm,

Law Firm Bernotas & Dominas Glimstedt advises on significant developments and transactions, including assisting Solo House UAB with the restructuring of a real estate project from commercial to residential space, and advising Sanitex UAB on the acquisition of a logistics centre outside Kaunas. Kestutis Jaskutelis is ‘very commercial’ and ‘an excellent negotiator’.

Shipping and transport

Within Shipping and transport, Advokatfirman Glimstedt is a second tier firm,

Law Firm Bernotas & Dominas Glimstedt’s substantial shipping practice is headed by Egidijus Bernotas, who is ‘a good leader and concrete adviser’. He advises Limarko Shipping Company on vessel inspections and fleet expansion, and advises Blue Tide on a range of maritime issues. Associate Sarunas Basijokas is a specialist in the field.

TMT

Within TMT, Advokatfirman Glimstedt is a second tier firm,

Law Firm Bernotas & Dominas Glimstedt is advising a public sector client on the creation of an e-delivery system, and its media law representations include recently acting for media research company Mediar in negotiations with TEO regarding the use of TV data. Giedre Rimkunaite is ‘knowledgeable and experienced’.

Tax

Within Tax, Advokatfirman Glimstedt is a second tier firm,

Arturas Baksys heads Law Firm Bernotas & Dominas Glimstedt’s tax practice, and is viewed as being ‘responsive and quick to grasp the technical aspects of the issue’. He is advising Norwegian clothing manufacturer Devold on the tax implications of establishing manufacturing operations in Lithuania’s free economic zone.


Legal Developments in Lithuania

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bad Faith Practice in Lithuania

    One can witness an increase in the volume and complexity of trademark cases in Lithuania during the past few years. Bad faith is one of the most interesting and, probably, the most complicated issue that Lithuanian courts as well as Lithuanian State Patent Bureau1 have recently discussed in a number of their rulings. There is no clear definition neither in law, nor in case practice on what acts should be considered as made in bad faith, therefore, these cases always serve as a basis for extensive public discussions and form grounds for further disputes.
  • IP law in Lithuania

    On 26 September the Geneva Act of the Hague Agreement Concerning the International Registration of Industrial Designs came into force in Lithuania. According to this Act the protection of design in other countries shall become easier and cheaper for Lithuanian companies.
  • REVIEW of real estate collective investment undertakings’ (CIU) legal regulation

    On March 1, 2008 a recast Law on Collective Investment Undertakings of the Republic of Lithuania came in force. From this date on, new special collective investment undertakings may be established in the Republic of Lithuania, including real estate investment trusts (REIT), private equity funds, funds of funds as well as hedge funds, etc.
  • REVIEW of private equity collective investment undertakings’ (CIU) legal regulation

    On 1 March 2008, the recast Law on Collective Investment Undertakings of the Republic of Lithuania came in force. From this date on, new special collective investment undertakings may be established in the Republic of Lithuania, including real estate investment trusts, private equity funds, funds of funds as well as hedge funds, etc.