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TGS Baltic

QUADRUM BUSINESS CITY, EAST BUILDING 8TH FLOOR, KONSTITUCIJOS AVE. 21A, 08130 VILNIUS, LITHUANIA
Tel:
Work +370 5 251 4444
Fax:
Fax +370 5 251 4455
Email:
Web:
www.tarkgruntesutkiene.com
Riga, Tallinn, Tartu, Vilnius

Lithuania

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 1

TGS Baltic

TGS Baltic has been assisting the European Investment Bank with financial instruments and the development of a holding fund. Practice head Vilius Bernatonis advised ING Bank, as lead arranger, and a syndicate of international lenders on refinancing and increasing a financing facility made available to Indorama Ventures for its acquisition of CEPSA Quimica. Vidmantas Drizga heads the capital markets group and associate partner JĹ«ratÄ— KĹ«gytÄ— is another experienced figure.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

TGS Baltic

TGS Baltic’s M&A practice head Marius Matonis recently assisted Lietuvos Energija with acquiring Eurakras and Tuuleenergia. Corporate team head Vidmantas Drizga is also recommended along with senior associate Aurimas Pauliukevičius and associate partners Deimantė Korsakaitė, Odeta Tručinskaitė-Šiušienė and Dalia Tamašauskaitė- Žilienė. Gediminas Lisauskas joined KPMG Law Firm.

Leading individuals

Marius Matonis - TGS Baltic

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Dispute resolution
Dispute resolution - ranked: tier 1

TGS Baltic

TGS Baltic excels in the full range of disputes, including bankruptcy, leasing and cargo matters. Valentinas Mikelėnas, who heads the firm’s arbitration, mediation and ADR team, has been representing Maxima Grupė and FRANMAX against former CEOs, board members and MART INN, regarding the alleged use of Maxima’s trade concepts, which prevented it from entering the Belarusian market. Lina Darulienė leads the litigation practice. Vilius Bernatonis is also well regarded.

Leading individuals

Valentinas MikelÄ—nas - TGS Baltic

Next generation lawyers

Albertas Šekštelo - TGS Baltic

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EU and competition
EU and competition - ranked: tier 2

TGS Baltic

TGS Baltic now has a dedicated EU law practice headed by Gintautas Bartkus, and which also includes associate partner Eglė Lauraitytė. Lina Darulienė leads on competition matters, and worked with lawyers from several firms to represent Maxima LT in an appeal pertaining to its alleged involvement in an RPM agreement with Mantinga. Senior associate Rasa Zaščiurinskaitė is another key contact.

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Intellectual property
Intellectual property - ranked: tier 3

TGS Baltic

TGS Baltic assisted BBC subsidiaries with various matters for its television production of War & Peace, including copyrighting the project. Lina Darulienė handles IP disputes and Vidmantas Drizga took over as practice head from Gediminas Lisauskas, who is now with KPMG Law Firm. Ramūnas Birštonas joined Law Firm Raulynaitis, Žemkauskiene ir partneriai.

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Projects and energy
Projects and energy - ranked: tier 1

TGS Baltic

TGS Baltic’s practice head Vilius Bernatonis has been advising Vilniaus šilumos tinklai on taking over several power plants and related infrastructure, which are currently leased to Vilniaus energija. The firm’s energy expertise includes the nuclear, renewables and heating sectors. Clients include Ignalina Nuclear Power Plant and LITGAS.

Leading individuals

Vilius Bernatonis - TGS Baltic

Next generation lawyers

Paulius Zapolskis - TGS Baltic

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Real estate and construction
Real estate and construction - ranked: tier 2

TGS Baltic

TGS Baltic’s department head Dainius Stasiulis assists Schage Group with residential development projects and led its development of the Quadrum Business mixed-use facility. The team also advised M.M.M. projektai on leasing an office to Danske Bank. Senior associate Sandra Bliuvaitė-Šulcienė is recommended.

Next generation lawyers: partners

Sandra BliuvaitÄ—-Ĺ ulcienÄ— - TGS Baltic

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Shipping and transport
Shipping and transport - ranked: tier 2

TGS Baltic

TGS Baltic is assisting State Enterprise Lithuanian Airports with a concession to transfer the responsibilities of three Lithuanian airports to a private party. Klaipėdos nafta and TransCAT Baltic are also clients. Vidmantas Drizga now heads the practice following Iraida Žogaitė’s departure.

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TMT
TMT - ranked: tier 2

TGS Baltic

TGS Baltic assisted BITÄ– Lietuva with implementing the new EU Directive for roaming regulations on mobile networks and is also representing the company in a dispute with the Communications Regulatory Authority concerning behavioural allegations. GlaxoSmithKline is another client. Vidmantas Drizga now heads the practice after Gediminas Lisauskas moved to KPMG Law Firm.

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Tax
Tax - ranked: tier 2

TGS Baltic

TGS Baltic has been advising the European Investment Bank on changes that were introduced to VAT in the construction sector, and worked with the STI and Lithuanian Ministry of Environment in drafting legislative amendments. Robertas Degesys heads the practice, which has also recently worked on transfer pricing and corporate income tax matters. Tax consultants Dainius Daugirda and Loreta AntanaitienÄ— handle investigations and disputes.

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Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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    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.
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    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 www.arendt.com 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.
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