Firm Profile > WALLESS > Vilnius, Lithuania

WALLESS
UPES STR. 23
08128 VILNIUS
Lithuania

Fintech Tier 1

WALLESS's practice comprises of 'professionals' who have 'years of experience working in the fintech sector.' The firm acts for both traditional and specialised banks. Joana Baublyte-Kulviete and Gediminas Reciunas jointly lead the team, which advises on consumer credit matters, compliance and crowdfunding. Baublyte-Kulviete and Reciunas are advising Blender on compliance-related work, including data protection and anti-money laundering.

Testimonials

‘The team consists of a group of professionals, who love their job, and combine many years of experience working in the fintech sector.’

 

Key clients

Revolut

Blender

Nayax

Shift Financial Services

General Financing

Banking, finance and capital markets Tier 2

WALLESS' team, which is jointly led by Gediminas Reciunas and Joana Baublyte-Kulviete, displays a 'professionalism and integrity of the highest standard.' Reciunas assisted AB Mano Bankas with its conversion from a credit union into the first specialised bank in Lithuania. Baublyte-Kulviete is experienced in regulatory and compliance matters, capital markets and finance transactions. Gediminas Dominas, who joined the firm in April 2019 from Dominas LEVIN, advises on IPOs, credit facilities, bond issues and contentious work in the banking sector.

Testimonials

‘They are genuinely interested in bringing value to the customer and your business and how they can help you. Energy and devotion is limitless. Knowledge, professionalism and integrity is of the highest standard.’

‘Devotion, professionalism, pro activity.’

Key clients

Revolut

Blackstone

Luminor Bank

Blender

Nayax

Commercial, corporate and M&A Tier 2

WALLESS, which was established in 2018 by five former partners from Ellex, works on cross border transactions, which includes public and private M&A. Povilas Zukauskas and Laura Ziferman lead the team, which also assists clients with private equity and venture capital investments, and corporate governance issues, among other matters. Zukauskas and Ziferman assisted Yukon Advanced Optics Worldwide with developing a contract manual. Managing partner Dovile Burgiene is another key figure.

Testimonials

‘A newly-created law firm with strong individuals and great experience. A new standard for law firms.’

‘Attention to clients issues; wide coverage of questions posted.’

‘Exceptional attention to the details and clients’ interests. As a client, you’re proud to be represented by experts like Dovile Burgiene, Povilas Zukauskas, Laura Ziferman and Giedre Banyte.’

Key clients

Blender

TK Development

Avesco AG

Baltic Fert

Revolut

Dispute resolution Tier 2

WALLESS has a standout arbitration practice, and is active in disputes in Lithuania and further afield internationally. The firm also has a strong litigation capability, which sees it handle tax, insurance, corporate and M&A disputes. 'Outstanding arbitrator' Gediminas Dominas (whose firm Dominas Levin merged with Walless in April 2019) is the head of the team. Dominas represented Swedish cider producer Kopparbergs Bryggeri in litigation concerning low quality glass bottles. Aiste Medeliene is well-known for her tax and customs disputes work.

Testimonials

‘Strong litigation team plus the best arbitration team in Lithuania.’ 

‘Gediminas Dominas and Simona Drukteiniene are very good specialists in dispute resolution.’

‘Gediminas Dominas is an outstanding arbitrator.’

‘Gediminas Dominas (business oriented, market respects him) and Simona Drukteiniene (very diligent, responsible, logical).’

‘Gediminas Dominas represents our interests, gives advice and solutions in an honest and professional manner.’

Key clients

SBA Group

Credit Union Amber

Avesco

Kopenhagen Fur International

Bank of Georgia

Real estate and construction Tier 2

WALLESS' newly-founded practice undertakes a mix of real estate development work, public procurement and real estate transactions. The 'professional and devoted' Evaldas Klimas, who co-leads the team with Povilas Zukauskas, acted for manufacturing company Vilniaus baldai on the development of the biggest manufacturing plant to be constructed in Lithuania in 2019. Associate Mantas Lideika is recommended, as is senior associate Akvile Mackay.

Testimonials

‘The real estate and construction team is rather young, yet very ambitious, helpful and professional.’

‘Responsible, competent in topical issues and provides a feeling of reliability and security.’

‘We work with Evaldas Klimas. Working with him is exceptional when dealing with atypical issues related to heritage (Old town territory) – the expertise and contacts that Evaldas has in these matters is very valuable.’ 

‘We are super happy with the people working for us.’

‘Evaldas Klimas is a very professional and devoted lawyer, who I highly trust and recommend.’

‘We are always impressed with Evaldas’ expertise, quality analysis of the situation and the depth of his insights. In practice, this has helped us solve complicated business matters. Services are delivered quickly, and discussions and feedback are always initiated, so that we, as a client, really feel taken care of.’

‘We have known Evaldas for many years, and he has remained a primary contact for legal assistance because of the credit he has gained with us in helping to solve issues. Evaldas has always treated every assignment with maximum attention, never differentiating if the matter was major or fairly routine. We were always addressed with complete attention and focus.’

‘Aiste Medeliene, Akvile Mackay and Evaldas Klimas are the key individuals we are in contact with almost every day. Based on my 20 years experience in the real estate sector, these are the best lawyers in their field.’

 

Key clients

Eastnine

Lords LB Asset Management

Baltic Horizon Fund

Vilnius City Municipality Administration

LCN Capital Partners

Shipping and transport Tier 2

WALLESS' shipping and transport group is 'very professional' and provides 'quality advice'. It particularly stands out in corporate and finance transactions in the aviation sector; mandates include acquisitions and sales of single/multiple aircraft, sale and leaseback transactions, finance leasing and operating leasing. The 'excellent' Gediminas Reciunas and Laura Ziferman co-head the team. Reciunas is an expert in aviation and aircraft finance, while Ziferman acts on infrastructure and transport projects.

Testimonials

‘Very professional, quick response and quality advice.’ 

‘The team is very experienced and client-oriented, responding promptly and with a high degree of professionalism. Their legal advice has proven to be correct and reliable. The team’s international experience and English language skills are excellent and very valuable to us as an international client.’

‘Enrika Tamasauskaite is exceptional to work with. Very knowledgeable in the aviation sector and provides clear, to-the-point advice. Very responsive.’

‘Obtaining Gediminas Reciunas’ legal advice and support has been very helpful for the development of our business in Lithuania. In addition to his excellent legal knowledge and experience, his network in our field of business has proven to be very good to rely upon to solve issues not only of a purely legal nature.’

Key clients

AerCap

Avion Express

Avolon

Charter Jets

Danish Air Transport

Tax Tier 2

WALLESS 'professional and reliable team' operates at a national and international level, where it handles tax structuring, disputes and compliance issues for clients. The group is led by the 'dedicated' and 'business-minded' Aiste Medeliene, who is advising Estonian bank Inbank on tax issues associated with its acquisition of Mokilizingas from shareholders LHV Group and Lithuanian entity Inovatyvus Prekybos Sprendimai. International tax structuring expert Mindaugas Lukas, who is noted for his 'creative and innovative' approach, is another key figure in the team.

Testimonials

‘Professional and reliable team, always keep friendly and productive atmosphere.’

‘WALLESS is a great example of a hard-working, focused team. They not only work within their team, you feel fully involved in specific issues, you work together to find the best possible solution, this makes them unique, since they set no boundaries to achieve client’s goals.’

‘The team of Walless is very special and united. It gives a feeling that everyone is eager to take responsibility in solving your issues with a very dedicated team leader led by Aiste Medeliene.’

‘Tax team at Walless stands out for its business-minded and comprehensive approach.’

‘Team main strength is the ability to deal with advisory work on transactions and day to day matters, tax disputes and perform tax due diligence. This gives exceptional combination of knowledge and experience in various fields. Their advice or conclusion is always practical, covering all respective pros and cons, assessment of historical and future tax risks, as well as possible alternatives. Partners in the team each have their own field of expertise and tend to find optimal balance in complementing each other.’

‘Their strengths are their deep professional knowledge and vast experience. They not only see the solution, but also possible future outcomes of every step you make as they are highly experienced in tax compliance and tax disputes.’

‘Aiste Medeliene – very smart, business minded and available 24/7 .’

‘Mindaugas Lukas has deep understanding of cross-border tax issues and is very good at structuring.’

‘Aiste Medeliene is very dedicated, responsible and accountable to deliver on time and with high quality.’

‘Mindaugas Lukas is a creative, innovative and open-minded tax adviser, highly experienced in international tax matters.’

‘Aiste Medeliene seems to be a real master of taxation disputes.’

‘Aiste Medeliene, head of the tax team, is a trusted and highly praised tax lawyer in the market. She is recognised for her both practical and profound approach to the client’s matter. She is responsible, hard-working and, at the same time, innovative. She has strong intuition for what could or could not work for the client. She is obviously number one for tax disputes in Lithuania.’

‘Mindaugas Lukas, recently became tax partner at Walless, and he is well trusted for finding unexpected and innovative approach to deal with most complex tax situations. His experience and professional skills clearly benefits to client’s needs. If you have a tax question with no possibilities, he will find the one. He is very creative professional. We feel safe and that everything will go smoothly when Mindaugas takes our case.’

Key clients

AUGA group

Eastnine

Telia Lietuva

Swedbank Life Insurance

Charter Jets

EU and competition Tier 3

WALLESS' team is noted by clients for its 'professionalism and flexibility.' In addition to acting for clients in behavioural investigations brought by the LCC, other work includes merger reviews and state aid cases. The team is led by the 'dedicated' Laura Ziferman, who is working with associate Giedre Banyte to advise Vilnius City Municipality Administration on the awarding of the concession for the construction and operation of a multifunctional health and sport complex; the work includes notifying European Commission of the state aid aspects of the project.

Testimonials

‘Laura Ziferman and Giedre Banyte have showed an outstanding results in delivering with very strict deadlines and with a high quality. Doing a very complicated case (73 in-house companies were involved), they have showed their professionalism and flexibility in understanding customer and regulator specific needs. Their dedication and accountability helped achieve perfect results on time.’

‘Laura Ziferman is very dedicated leader and reliable person. She has experience of various sectors and she has showed it with full involvement, responsibility and professionalism. Giedre Banyte, her team member, worked very hard and with high accuracy to the details. She was always delivering with high speed, which makes them unique.’

‘Senior associate Giedre Padaigiene and partner Laura Ziferman. Both are proactive and competent in their field.’

Key clients

Affidea Group

Elecnor

Baltic Horizon Fund

Kaunas City Municipality

Siemens

WALLESS is a modern law firm with a wall-less attitude. Clients are our driving force and motivation. We unite forces behind each case to achieve the highest possible result for our clients. We place transparency at the forefront of our interactions, where professionalism and high standards are their main values, and no hidden catch exists. By implementing lean working processes and low leverage (1 partner per 3-4 associates), we are able to give clients direct access to our highly experienced team, while our decision-making process remains smooth and personalised. WALLESS cohesive team does not see walls or boundaries, and is driven by the philosophy that our client goals are like our own and we will always reach them, irrespective of the challenges they pose.

Department Name Email Telephone
Corporate and M&A Dovilė Burgienė dovile.burgiene@walless.com +370 68677649
Banking and Finance Gediminas Rečiūnas gediminas.reciunas@walless.com +370 61154460
Financial Regulatory and Compliance Joana Baublytė-Kulvietė joana.baublyte.kulviete@walless.com +370 68714642
Arbitration and Dispute Resolution Gediminas Dominas gediminas.dominas@walless.com +370 69888335
Tax Advisory and Litigation Dr. Aistė Medelienė aiste.medeliene@walless.com +370 61227333
Tax Advisory and Private Wealth Dr. Mindaugas Lukas mindaugas.lukas@walless.com +370 61883668
Competition and Regulatory Laura Ziferman laura.ziferman@walless.com +370 64041 036
Energy and Commercial Vaidotas Puklevičius vaidotas.puklevicius@walless.com +370 69954681
M&A and Distressed Transactions Povilas Žukauskas povilas.zukauskas@walless.com +370 61686333
RE Development and Construction Dr. Evaldas Klimas evaldas.klimas@walless.com +370 62036055
Aviation and Aircraft Finance Gediminas Rečiūnas gediminas.reciunas@walless.com +370 61154460
Fintech and Funds Joana Baublytė-Kulvietė joana.baublyte.kulviete@walless.com +370 68714642
Real Estate Transactions Indrė Jonaitytė – Gricė indre.jonaityte.grice@walless.com +370 61495783
Investment Incentives and Venture Capital Dovilė Burgienė dovile.burgiene@walless.com +370 68677649
Restructuring and Insolvency Povilas Žukauskas povilas.zukauskas@walless.com +370 61686333
Public Procurement and PPP Laura Ziferman laura.ziferman@walless.com +370 64041036
Investment Services Joana Baublytė-Kulvietė joana.baublyte.kulviete@walless.com +370 68714642
Insurance Gediminas Rečiūnas gediminas.reciunas@walless.com +370 61154460
Photo Name Position Profile
 Gabriele Adomaviciute  photo Gabriele Adomaviciute
 Arnas Aidukas  photo Arnas Aidukas
 Giedre Banyte  photo Giedre Banyte
 Joana Baublyte-Kulviete  photo Joana Baublyte-Kulviete
 Monika Bielskiene  photo Monika Bielskiene
 Ausra Brazauskiene  photo Ausra Brazauskiene
 Simona Bumblauskyte-Kiauleikiene  photo Simona Bumblauskyte-Kiauleikiene
 Dovile Burgiene  photo Dovile Burgiene
 Marius Dobilas  photo Marius Dobilas
 Gediminas Dominas  photo Gediminas Dominas
Dr Simona Drukteiniene  photo Dr Simona Drukteiniene
 Viktorija Dusajeva  photo Viktorija Dusajeva
 Arturas Grimaila  photo Arturas Grimaila
 Aida Janule  photo Aida Janule
 Renata Jatuzyte-Muleviciene  photo Renata Jatuzyte-Muleviciene
 Dalius Jonaitis  photo Dalius Jonaitis
 Indre Jonaityte-Grice  photo Indre Jonaityte-Grice
 Simona Kisunaite  photo Simona Kisunaite
Dr Evaldas Klimas  photo Dr Evaldas Klimas
 Vygintas Kuprys  photo Vygintas Kuprys
 Mantas Lideika  photo Mantas Lideika
 Greta Liutkute  photo Greta Liutkute
Dr Mindaugas Lukas  photo Dr Mindaugas Lukas
 Akvile Mackay  photo Akvile Mackay
 Alina Makovska  photo Alina Makovska
 Alma Marcinkute  photo Alma Marcinkute
 Akvile Marozaite  photo Akvile Marozaite
Dr Aiste Medeliene  photo Dr Aiste Medeliene
 Naglis Melinis  photo Naglis Melinis
 Laurynas Narvydas  photo Laurynas Narvydas
 Vaidotas Puklevicius  photo Vaidotas Puklevicius
 Lina Radaviciene  photo Lina Radaviciene
 Gediminas Reciunas  photo Gediminas Reciunas
 Domas Sileika  photo Domas Sileika
 Guoda Sileikyte  photo Guoda Sileikyte
 Goda Sukackaite  photo Goda Sukackaite
 Enrika Tamasauskaite  photo Enrika Tamasauskaite
 Laura Ziferman  photo Laura Ziferman
 Povilas Zukauskas  photo Povilas Zukauskas
Lawyers : 39
Lithuanian
English
Russian
Polish
French
German
International Bar Association (IBA)
Swedish Chamber of Commerce in Lithuania
Baltic Institute of Corporate Governance
Lithuanian Business Confederation (ICC Lithuania)
: