Ms Vitalija Impolevičienė > Sorainen > Vilnius, Lithuania > Lawyer Profile

Sorainen
44A Gedimino Ave
LT-01110 Vilnius
Lithuania

Work Department

Finance & Insurance

Position

Senior Associate

Career

Vitalija is a senior associate with the firm‘s Finance & Insurance team. Having practised law since 2003, she has extensive experience in the field of regulation of the financial and insurance sectors, product development, distribution and related disputes.

Experience in the insurance sector. She headed the legal department for the Baltics at one of the leading insurance companies in the region, at a time when the insurance sector was implementing new legal requirements related to the development and distribution of insurance products and the GDPR. She was also responsible for matters of corporate governance and dispute resolution. This experience enables her to understand the needs of clients in the insurance sector across different areas – from compliance with regulatory requirements, product development and distribution models to potential disputes.

Insolvency proceedings of credit institutions. While working as the Head of the Process Administration Division at state company Indėlių Ir Investicijų Draudimas, Vitalija represented the interests of the largest creditor, Deposit Insurance Fund, during the bankruptcy proceedings of insolvent credit institutions such as Bankas Snoras and Ūkio Bankas. She was also involved in the transposition of EU directives into Lithuanian law and represented Deposit Insurance Fund before the Court of Justice of the European Union.

Loan restructuring, disputes and infringement prevention. For a number of years, she worked at law firms providing legal services to banks operating in Lithuania. She also assisted clients in the fields of litigation, financing and out-of-court loan restructuring.

While working in the insurance sector, Vitalija was responsible not only for the law department but also for the prevention department. She also has valuable experience in the protection of whistle-blowers and the prevention of fraud and infringements. She was also involved in the development and implementation of an anti-money laundering system

Education

Vilnius University, Lithuania (MA in Law)