Mr Augustas Klezys > Sorainen > Vilnius, Lithuania > Lawyer Profile

Sorainen
44A Gedimino Ave
LT-01110 Vilnius
Lithuania

Work Department

Finance & Insurance

Position

As a partner with the firm’s Finance & Insurance team and a business sector enthusiast, all my energy goes into providing cross-practice advice to financial sector companies.

Career

Finance sector team leader. Within the firm Augustas leads this team by assembling legal experts to establish the specific legal needs of clients and provide them with exact solutions.

Most complex transactions. It has been a privilege to advise financial sector companies in most complex and innovative transactions. For example, Augustas worked with the Lithuanian legal teams that advised the Nasdaq, Luminor, Šiaulių bankas and LNG Terminal transactions.

Co-author for country opinion. In 2018 Augustas co-authored the International Swaps and Derivatives Association (ISDA) netting country opinion for Lithuania. As Sorainen is a member of ISDA, Augustas plays an active role at meetings and provide insights on national derivatives-related regulations.

Advising FinTech firms. FinTech companies often seek Augustas’ advice on licencing their activities in the EU as well as to help them streamline operations after they obtain licences.

Ex-banker. His focus on the financial sector and cross-practice benefits is continuous: before joining Sorainen Augustas headed the legal unit at DNB Lithuania (now Luminor).

Languages

Lithuanian, English

Memberships

  • Lithuanian Bar Association
  • Member of the Board of the British Chamber of Commerce in Lithuania

Education

Vilnius University, Lithuania (MA in Commercial Law)

Lawyer Rankings

Lithuania > Banking, finance and capital markets

(Next Generation Partners)

Augustas KlezysSorainen

The ‘top quality’ practice at Sorainen remains a prominent player in sustainable energy sector transactions and financings, with other core areas of expertise in bond and eurobond mandates. Moreover, the team also provides advice on innovative financial services such as crowdfunding, as well as support on ESG compliance. Key to this is co-head Tomas Kontautas who has a strong record in regulatory cases across the banking, fintech, and ESG landscapes. Co-head Augustas Klezys is highly experienced on transactions and derivatives;, while Other key names include Agnė Sovaitė  on M&A financing and Vitalija Impolevičienė on ESG, finance and insurance regulation. Lina Aleknaitė-van der Molen joined the team from Cobalt in the latter half of 2023.

Lithuania > Fintech

(Next Generation Partners)

Augustas KlezysSorainen

Sorainen‘s finance and insurance department is led by the duo of Tomas Kontautas, who focuses on regulatory matters, and Augustas Klezys, who covers a range of transactions and fintech licensing issues across the EU. Further work in the fintech space for the practice include handling the establishment of new companies and acquisitions in addition to electronic money and crypto matters, areas for which senior associate Liutauras Vasiliauskas is noted. The firm also advises on anti-money-laundering matters, with Akvilė Jurkaitytė and Goda Drasute being key names in this space. The practice also recently recruited anti-money laundering expert Eimantas Vytuvis.