The Legal 500

BUSINESS CENTRE, VILNIAUS VARTAI, EASTERN ENTRANCE, 7TH FLOOR, A TUMENO STR 4, VILNIUS, LT-01109, LITHUANIA
Tel:
Work +370 52 48 74 67
Fax:
Fax +370 52 48 74 65
Web:
www.balciunasgrajauskas.lt
Email:

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

Banking and finance

Within Banking and finance, Balciunas & Grajauskas is a third tier firm,

Banking and finance is a core area at Balciunas & Grajauskas, particularly litigation. Marius Grajauskas, a former in-house counsel at Danske Bank, is ‘good in negotiations and both energetic and sharp in litigation’. The firm is in demand for restructuring, bankruptcy and debt recovery work for various banks.

Corporate and M&A

Within Corporate and M&A, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas’ busy team acted for Dutch investors on the €20m acquisition of a Lithuanian real estate management company. Gintaras Balciunas and his team ‘have deep knowledge not only in legal matters, but business-related issues too’.

Dispute resolution

Within Dispute resolution, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas has a strong reputation for banking and finance litigation, and other mandates include representing a major construction company in a dispute. Practice head Gintaras Balciunas has ‘a high level of professionalism and understanding of customer needs’, and is sitting as arbitrator in a €80m dispute concerning railway infrastructure.

EU and competition

Within EU and competition, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas provides ‘a high level of service’. It assisted a global pharmaceuticals company with its dawn-raid policy and is advising a government body on the effective implementation of EU funds. Tomas Ivanauskas heads the practice.

Intellectual property

Within Intellectual property, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas has a following in the print media sector, handling IP issues for a domestic media company concerning the right to publish global trade marks, and advising a weekly magazine on brand name protection. Jonas Platelis shows ‘creativity in solving problems’.

Real estate and construction

Within Real estate and construction, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas excels in this field and is advising construction company CCM Baltics on a €1m shopping and trade centre. Contentious work includes representing SEB as lender regarding a €50m planning permission dispute with state authorities over a new hotel resort. Marius Grajauskas and Gintaras Balciunas have ‘amazing problem-solving and negotiation skills’.

Shipping and transport

Within Shipping and transport, Balciunas & Grajauskas is a second tier firm,

Balciunas & Grajauskas’ recent instructions include advising Greenchem Baltic on issues relating to the transportation of fuel and dangerous chemical materials through EU countries. Marius Grajauskas is ‘very constructive, quick and decisive’.

TMT

Within TMT, Balciunas & Grajauskas is a third tier firm,

Balciunas & Grajauskas displays ‘deep knowledge’ and business acumen under Tomas Ivanauskas. Recent instructions include advising a global consultancy firm on the establishment of a national e-delivery system, and representing a domestic IT company in a dispute concerning the protection of IT know-how.

Tax

Within Tax, Balciunas & Grajauskas is a second tier firm,

Strong finance firm Balciunas & Grajauskas demonstrated its tax law capability in the recovery of €1m of overpaid taxes on behalf of an energy company, and also recovered €1.4m of taxes for real estate management company Respektas. Consultants Konradas Pabijanskas and Gintaras Stankevicius are the key contacts.


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.