TGS Baltic > Vilnius, Lithuania > Firm Profile

TGS Baltic
QUADRUM BUSINESS CITY
EAST BUILDING 8TH FLOOR
KONSTITUCIJOS AVE. 21A, 08130 VILNIUS
Lithuania

Lithuania > Banking, finance and capital markets Tier 1

Lithuania > Commercial, corporate and M&A Tier 1

Lithuania > Dispute resolution Tier 1

Lithuania > Employment Tier 1

TGS Baltic‘s employment team is led by Ieva Povilaitienė, who provides both contentious and non-contentious advice to leading private and state-owned companies alongside leaders in the manufacturing, retail, and transport sectors. In addition to employee transfers, hybrid working arrangements, and misconduct disputes, the practice also has substantial expertise supporting on collective bargain negotiations and trade union activity, highlighted by the firm’s ongoing representation of Vilnius Public Transportation following industrial action. Associate Indrė Mažeikaitė is praised by clients for her ‘deep practical knowledge of employment lawand handles a range of disputes and contractual matters. Viktorija Jančiūraitė is another active member of the department.

Practice head(s):

Ieva Povilaitienė

Testimonials

‘Very professional team and very good communication.’

‘Good professional and efficient service.’

‘Overall professionalism and quick reaction.’

‘TGS Baltic’s Employment team provided professional legal service on employment matters to our company. They have assisted us effectively and efficiently, thinking one step ahead. The lawyers are client-oriented, provide rapid responses, employment team has an ability to react quickly.

‘We have been assisted by Indrė Mažeikaitė, who provided us with professional legal support, she is always going the extra mile to ensure that the services would meet our business needs. Indrė has a deep practical knowledge of employment law and solves complicated issues, showing outstanding knowledge of employment law. She is quick to grasp complex details and subtle nuances and is very efficient.’

‘TGS Baltic consistently delivers great value while maintaining a strong commitment to providing high-quality services. Their attention to detail is commendable, as they consistently exhibit clear and timely communication with clients, fostering a strong sense of trust and reliability.’

‘Their dedication to client satisfaction and their comprehensive legal expertise make them a highly reputable choice in the legal services industry.’

Key clients

Vilnius Public Transport

Santarų klinikos

Avia Solutions Group

SBA

Fischer International

Biotechpharma, biotechnologinės farmacijos centras

Hostinger

Boskalis

Baltic Cocoa

Peek & Cloppenburg

Mambu

Raydiant

Stora Enso Packaging

Wix.com

Valstybės investicijų valdymo agentūra (VIVA)

DS Smith Packaging

Modus Group

Adform

Electrolux

Work highlights

  • Provided assistance to Avia Solution during a cross-border deal involving the transfer of employees from a Cyprus company to an Irish employer, with the employees’ residence in Lithuania.
  • Successfully applied interim measures of protection to prevent de facto strike i.e. 762 Vilnius Public transport employees’ suspension of the execution of the employment contracts.
  • Provided assistance to Modus Group by preparing a comprehensive roadmap that encompassed all the necessary documents required for the company’s operations.

Lithuania > Projects and energy Tier 1

Lithuania > Real estate and construction Tier 1

Lithuania > Shipping and transport Tier 1

Lithuania > Fintech Tier 2

Lithuania > Intellectual property Tier 2

Lithuania > Tax Tier 2

Lithuania > TMT Tier 2

Lithuania > EU and competition Tier 3

Latvia > Banking, finance and capital markets Tier 2

TGS Baltic advises on a wide range of banking and finance matters, ranging from loan transactions and regulatory work through to cross-border financings and crowdfunding. The team also has experience in the capital markets arena, and recently advised Eco Baltia on an initial bond issue totalling €8m. Insurance services, covering intermediation, structuring, and licensing, are also areas of expertise. With over 20 years’ experience, Inese Hazenfusa leads the team. Mārtiņš Galzons is noted for both his transactional and capital markets work. Associate Artis Kļaviņš brings expertise covering white-collar crime and corporate compliance to the team.

Practice head(s):

Inese Hazenfusa

Other key lawyers:

Mārtiņš Galzons; Artis Kļaviņš; Ilga Vaļko

Testimonials

‘Outstanding understanding of the assignment. Speed and dedication are on a very decent level, too. Flexibility and readiness to compromise on billing.’

‘For specific hands-on financial market advice one should reach Inese Hazenfusa and Mārtiņš Galzons straight away. Such speed and accuracy of their work is exceptional!’

Key clients

Signet Bank

European Investment Bank

J.S. Hamilton

Mundus Bridge Finance

Marijas 2, Novira Capital and Evernord joint venture

Bondora Group

mBank

Evernord

Crowdestate

MaxBanka (ExpoBank)

Glerup Agro SIA

Jyske Bank

Work highlights

  • Advised Marijas 2, a joint venture between Evernord and Novira Capital, on its public offer of bonds for real estate development.
  • Advised European Investment Bank on financing a multi-annual investment program relating to water and sanitation in the City of Riga.
  • Advised Signet Bank on the launch of €9.46m asset-backed securities in co-operation with car leasing company Primero.

TGS Baltic is a top-tier commercial law firm with offices in all the Baltic countries. We believe lawyers should not only be experts in law – the real added value for our clients comes from our understanding of their business objectives and specifics, as well as the innovative solutions provided by our professionals.

TGS Baltic has been advising international and domestic business organisations and the public sector, including the European Central Bank, the European Investment Bank, various EU institutions, as well as collaborating with top-tier international law firms since the Baltic countries returned to a market economy in the early 1990s. Since then, the firm has been involved in almost all of the region’s major transactions, landmark disputes and legislative developments.

The firm employs more than 190 lawyers covering more than 28 practice areas. Our Baltic team provides solutions to complex legal problems, advises on strategic decisions, and provides day-to-day assistance on a wide range of legal issues. The most reputable international legal directories list TGS Baltic as a top-tier law firm in corporate, M&A, banking and finance, competition, energy, dispute resolution, tax, and other practice areas.

TGS Baltic has offices in Tallinn, Tartu (Estonia), Riga (Latvia) and Vilnius (Lithuania).

We are members of TerraLex, a global network of independent law firms, and all major international professional law organisations such as IBA, AEL, ILN and EWLA. We work in English, German, Russian, French, Polish and Finnish.

Department Name Email Telephone
Managing Partner Vilius Bernatonis vilius.bernatonis@tgsbaltic.com +370 5 251 4444
Head of Business Development Silvija Berštautienė silvija.berstautiene@tgsbaltic.com +370 5 251 4444
Photo Name Position Profile
Vilius Bernatonis photo Vilius Bernatonis Managing Partner, Chair of the Baltic Board Vilnius (Lithuania)
Mindaugas Civilka photo Mindaugas Civilka Partner, Head of Technology Industry Group
Lina Darulienė photo Dr Lina Darulienė Partner, Head of Retail and Wholesale industry group (Lithuania)
Vidmantas Drizga photo Vidmantas Drizga Partner, Head of Manufacturing industry group (Lithuania)
Gytis Kaminskas photo Gytis Kaminskas Partner
Marius Matonis photo Marius Matonis Executive Partner, Head of M&A (Lithuania)
Aurimas Pauliukevičius photo Aurimas Pauliukevičius Partner, Head of Private Equity & Venture Capital Industry Group
Agnius Pilipavičius photo Agnius Pilipavičius Partner, Head of Corporate Law specialisation group
Žygimantas Stankevičius photo Žygimantas Stankevičius Partner, Head of Finance industry group
Dainius Stasiulis photo Dainius Stasiulis Partner, Head of Real Estate & Investments Industry Group
Eugenija Sutkienė photo Eugenija Sutkienė Senior Partner, Head of Life Sciences Industry Group (Lithuania)
Dalia Tamašauskaitė-Žilienė photo Dalia Tamašauskaitė-Žilienė Partner, Head of Transactions and Real Estate specialisation group (Lithuania)
Partners : 33
Employees : 190+
Estonian
Latvian
Lithuanian
Finnish
Russian
Polish
German
French
English
IBA (International Bar Association)
TerraLex
Lithuanian Bar Association
Other offices : Tallinn, Tartu, Riga

TESTIMONIAL: TGS Baltic ensures clear, correct, credible and well substantiated advice in a timely manner. TGS Baltic team is very responsive, fast, competent and efficient. The firm has very knowledgeable and experienced specialists in corporate and M&A, employment, tax and other areas of law that proactively ensure utmost quality advice suited for our business needs. They are internationally very well connected. TGS Baltic is the best legal partner for development of your business locally and cross-borders.


TESTIMONIAL: The team of TGS Baltic has exceptional strategic thinking, exemplary knowledge and understanding of the relevant areas of law and our business: TGS Baltic is highly recommended for the largest and the most complicated cross-border and local commercial issues, M&A transactions and disputes.


TESTIMONIAL: TGS Baltic is a top-notch tax advisor in Latvia. The firm’s team consists of preeminent tax advisors and distinguished tax litigators that have very deep expertise and extensive experience. They are simply brilliant when it comes to tax advice. TGS Baltic has won a number of tax disputes thereby going straight against the statistics, according to which the tax authorities typically win. Key to their success is in-depth understanding of business, tax, and overall legal framework.