The Legal 500

Tark Grunte Sutkiene

DIDŽIOJI 23, 01128 VILNIUS, LITHUANIA
Tel:
Work +370 5 251 4444
Fax:
Fax +370 5 251 4455
Web:
www.tarkgruntesutkiene.com
Email:
Vilnius, Tartu, Tallinn, Riga

Lithuania : Banking and finance

Within Banking and finance, Tark Grunte Sutkiene is a second tier firm,

Tark Grunte Sutkiene has a broad-based practice that stands out for its capital markets expertise. Vilius Bernatonis’ team was involved in a raft of distressed portfolio restructurings including assisting FR&R Invest IGA with a €27m loan restructuring. It also advised Nordea Bank Finland on granting a loan extension to a group of pharmaceuticals companies.

Lithuania : Corporate and M&A

Within Corporate and M&A, Tark Grunte Sutkiene is a first tier firm,

Tark Grunte Sutkiene has a wealth of M&A experience across a broad range of industry sectors. Team head Marius Matonis advised Valeant Pharmaceuticals on its €314m acquisition of a majority stake in AB Sanitas. Capital markets group head Vidmantas Drizga advised Amber Trust on selling its stake in private equity fund AB Snaigė to POLAIR. Other clients include Euromedic, SEB Venture Capital and FR&R Invest.

Lithuania : Dispute resolution

Within Dispute resolution, Tark Grunte Sutkiene is a second tier firm,

Tark Grunte Sutkiene is a go-to firm for complex civil and administrative disputes. Renowned litigator and competition law practitioner Lina Darulienė heads the team, which represented FR&R Invest IGA and Alita group in a complex M&A and shareholder dispute. Vilius Bernatonis has a wealth of arbitration experience.

Lithuania : EU and competition

Within EU and competition, Tark Grunte Sutkiene is a second tier firm,

Tark Grunte Sutkiene has a remarkable record in domestic competition and antitrust cases. Highly regarded team head Lina Darulienė successfully acted for TV companies Viasat World and Viasat in an abuse of dominance investigation. Vilius Bernatonis, who leads on EU law matters, recently advised the Ministry of Energy on implementing EU gas and electricity directives.

Lithuania : Intellectual property

Within Intellectual property, Tark Grunte Sutkiene is a third tier firm,

Tark Grunte Sutkiene’s corporate expertise brings a regular flow of IP work to the firm. It advised LitCapital Asset Management on IP issues arising from an investment in a hi-tech start-up.

Lithuania : Real estate and construction

Within Real estate and construction, Tark Grunte Sutkiene is a third tier firm,

Marius Matonis’ busy real estate team at Tark Grunte Sutkiene has recently advised clients on major energy projects including acting for UAB 4energia on €70m wind farm developments. It also advised Klaipėdos Nafta on construction law aspects of an LNG terminal.

Lithuania : Shipping and transport

Within Shipping and transport, Tark Grunte Sutkiene is a second tier firm,

Tark Grunte Sutkiene acted as main legal adviser to Klaipėdos Nafta on leasing matters regarding its floating storage and regasification unit, which will import liquefied natural gas into Lithuania. The team was recently appointed to the legal panel of Lithuanian Railways. Practice head Vidmantas Drizga and senior associate Andrej Rudanov are recommended.

Lithuania : TMT

Within TMT, Tark Grunte Sutkiene is a third tier firm,

Tark Grunte Sutkiene specialises in cross-border telecoms regulatory matters. The team also advised government ministries on R&D agreements in the nanotechnology and healthcare industries. Neringa Gražinytė advised longstanding client Viasat on regulatory issues.

Lithuania : Tax

Within Tax, Tark Grunte Sutkiene is a second tier firm,

Tark Grunte Sutkiene has a superb reputation for all areas of tax law advice. The practice represented a Lithuanian metal trading company in a €1m transfer pricing tax dispute with the State Tax Inspectorate. Marius Matonis heads the team, which also includes Dainius Daugirda as well as tax consultant Loreta Antanaitienė, who joined from Vilnius County State Tax Inspectorate.


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.