WALLESS has a broad transport offering, divided between two teams: aviation and aircraft finance, and competition and regulatory. It primarily advises on aircraft financing and acts as a local counsel to lenders, although it also services clients in aircraft leasing, railway services, logistics, automotive distribution, and airport services. Gediminas Rečiūnas, a prominent finance practitioner with extensive experience in aviation law, leads the practice together with Laura Ziferman, an expert in public procurement.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Availability on demanded time, result-focused, reasonable bills. Deep knowledge in the legal field.'
- ‘I would like to point out Laura Ziferman and Tomas Balčiūnas. They're truly experts, providing useful advice, being here whenever you need them. Great professionals with a results-focused attitude.’
Key clients
- AerCap
- Aviator
- Avolon
- DAT
- Elecnor
- Girteka group
- Lietuvos Gelezinkeliai (Lithuanian Railways)
- Lietuvos oro uostai (Lithuanian Airports)
- Inchcape group
- Vilniaus Vystymo Kompanija (Vilnius Development Company)
Work highlights
Advised Abelo, the dedicated turboprop aircraft lessor and an emerging market leader, on a new warehouse financing facility, providing a substantial platform for the company’s next phase of growth. The facility was underwritten by Deutsche Bank and closed with Deutsche Bank acting as Sole Structuring Agent and both Deutsche Bank and MUFG acting as Joint Lead Arrangers.
Advised Deutsche Bank AG and UMB Bank N.A. as a local counsel in portfolio financing of 17 aircraft to Aviator and creating local security in each jurisdiction where the aircraft is operated and registered.
Advised European Investment Bank in respect to the financing of Eldrive for installation of electric vehicle charging stations located in Lithuania, Bulgaria and Romania.
Practice head
Gediminas Reciunas; Laura Ziferman
Other key lawyers
Tomas Balčiūnas