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LEADELL Balčiūnas & Grajauskas

Work +370 5 248 7467
Fax +370 5 248 7465
Riga, Tallinn, Tartu, Vilnius


Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 4

LEADELL Balciunas & Grajauskas

Senior associate Kazimieras Karpickis heads the practice at Leadell Balciunas & Grajauskas and is adept at bankruptcy and insolvency matters. Credit unions, individuals, banks and leasing services instruct the team. Managing partner Marius Grajauskas and Gintaras Balčiūnas are also recommended.

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Dispute resolution
Dispute resolution - ranked: tier 2

Leadell Balciunas & Grajauskas

Under Gintaras Balčiūnas, the team at Leadell Balciunas & Grajauskas has recently handled contract terminations, lease agreements and public procurement matters, among other disputes. Key figures include managing partner Marius Grajauskas and associate partner Rytis Paukštė.

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Intellectual property
Intellectual property - ranked: tier 3

LEADELL Balciunas & Grajauskas

Leadell Balciunas & Grajauskas handles copyright and trade mark infringements, as well as registration matters. Senior associates Liūnė Storoženkaitė and Vaidas Radvila are key figures, the latter heading the team.

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Real estate and construction
Real estate and construction - ranked: tier 3

Leadell Balciunas & Grajauskas

Leadell Balciunas & Grajauskas was active in the energy and transport sectors, handling land acquisitions, construction mandates and municipality disputes, among other matters. Senior associate and practice head Gintaras Stankevičius is recommended with managing partner Marius Grajauskas and Gintaras Balčiūnas.

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Shipping and transport
Shipping and transport - ranked: tier 3

Leadell Balciunas & Grajauskas

Leadell Balciunas & Grajauskas has been variously advising on postal services, transport-related corporate matters and construction of an air traffic control centre. Managing partner Marius Grajauskas, Gintaras Balčiūnas and senior associate Vaidas Radvila are key contacts.

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Tax - ranked: tier 4

Leadell Balciunas & Grajauskas

Leadell Balciunas & Grajauskas handled inspections conducted by the STI and also led on customs, VAT and cross-border matters. Managing partner Marius Grajauskas heads the practice and is recommended along with senior associate Konradas Pabijanskas.

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Further information on LEADELL Pilv

Please choose from this list to view details of what we say about LEADELL Pilv in other jurisdictions.


Offices in Tallinn and Tartu


Offices in Vilnius


Offices in Riga

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New requirement for all issuers operating on the Luxembourg Stock Exchange

    On 10 August 2017 the Luxembourg Stock Exchange announced that all domestic and foreign issuers operating on the regulated market (Bourse de Luxembourg) or on the multilateral trading facility (Euro MTF) of the Luxembourg Stock Exchange must provide their legal entity identifier (“LEI ”) codes to the Luxembourg Stock Exchange before 15 September 2017.
  • Luxembourg law on the exploration and use of space resources entered into force

    The Luxembourg law on the exploration and use of space resources of 20 July 2017 entered into force on 2 August 2017 and placed Luxembourg among the most innovative space-oriented nations in the world.
  • VAT in the GCC – Q&A updates from the UAE Ministry of Finance

    On 9 July the United Arab Emirates (UAE) Ministry of Finance (MOF) published an update of the Value Added Tax (VAT) FAQ section of its website.
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  • MiFID II: Further guidance on product governance requirements

    Amongst the numerous topics covered by the Markets in Financial Instruments Directive II (MiFID II), the European Securities and Markets Authority (ESMA) has decided to provide further guidance on the requirements regarding product governance through its guidelines dated 2 June 2017 which focus on the target market assessment by manufacturers and distributors of financial products.     
  • Arendt & Medernach is again the “Luxembourg Tax Firm of the Year”

    The partners of Arendt & Medernach are pleased to announce that their firm has been awarded once again the prestigious “Luxembourg Tax Firm of the Year” title during the International Tax Review’s European Tax Awards ceremony held at the Savoy Hotel in London on 18 May.
  • Signature of the Multilateral instrument – reservations made by Luxembourg

    On 7 June 2017, the official ceremony for the signing of the multilateral instrument (“MLI”) took place bringing to a close a process initiated last year when a consensus was reached on the wording of the MLI on 24 November 2016 (see also our newsflash dated 2 December 2016, available on our website section Publications/Newsflash).
  • Arendt & Medernach: Luxembourg Law Firm of the Year

    Luxembourg, May 2017 – Arendt & Medernach is proud to have been named “Luxembourg Law firm of the year” both by Chambers & Partners and IFLR (International Financial Law Review). The prestigious trophies were both received in April in London at the respective ceremonies of the Chambers Europe Awards 2017 and the IFLR European Awards 2017.
  • First VAT EU case law on the cost-sharing VAT exemption

    The question of the scope of the cost-sharing VAT exemption, also referred to in the Council Directive 2006/112/EC of 28 November 2006 as amended ("EU VAT Directive") as “Independent Groups of Persons” or “IGPs”, is currently being debated at the Court of Justice of the EU (“CJEU”) in several cases. Last Thursday marked the first milestone regarding this specific VAT exemption since the CJEU released its judgment in the case Commission v Luxembourg (C-274/15).
  • An Introduction to Corporate Guarantee

    In the UAE, the risk management activities inherent in running a corporate or investment banking business remain of crucial importance, not least because of the strong local characteristic of “name lending”, by which is meant lending or providing other banking facilities to family or other private businesses, primarily on the strength of the “name” or “names” of the proprietors standing behind the business, rather than on the strength of the asset quality and underlying credit of the particular business. Of course, in practice, there is commercial overlap between the proprietors and the companies which they own, but the credit analyses can break down where poor banking practices and procedures result in poorly constructed legal documentation and gaps in guarantee and security support documents.