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Application of language requirements to teachers working in international schools: CJEU provides important clarification
We successfully represented Vilnius International School in a case concerning the application of Lithuanian language requirements to teachers working in international schools. The Court of Justice of the European Union (CJEU) issued a clarification favourable to our client, which may become an important precedent across the European Union. The dispute arose after the Sate Language […]
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Gjensidige completes sale of its business in the Baltics to ERGO
We advised the Norwegian non-life insurance company Gjensidige Forsikring on completing the sale of its business in the Baltics to ERGO International AG, a company that manages ERGO’s international business portfolio. All conditions necessary for the completion of the transaction have been fulfilled according to schedule, such as the required regulatory approvals in Lithuania, Latvia […]
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Nuvei Liquidity, part of Nuvei group, granted MiCAR and payment institution licences in Lithuania
The Nuvei Group company Nuvei Liquidity, part of the global leader in payment solutions, has been granted two strategic financial market licences in Lithuania – a crypto-asset service provider licence under the EU Markets in Crypto-Assets Regulation (MiCAR) and a payment institution licence for services related to electronic money tokens (EMTs). This marks one of […]
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Analysis on the assessment of EU Taxonomy criteria
We provided an in-depth analysis commissioned by the Lithuanian Banking Association for the banks seeking to classify loans as aligned with the EU Taxonomy Regulation and contributing to climate change mitigation. Compliance with the EU Taxonomy is one of the conditions for green financing. We assessed ten types of economic activities, including electricity generation from […]
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Court rules in favour of Kalnapilis-Tauro Group in of non-alcoholic beer advertising case
The Supreme Administrative Court of Lithuania adopted a decision in favour of our client the Kalnapilis-Tauro Group in a case regarding a fine imposed by the Drug, Tobacco and Alcohol Control Department (DTACD) for advertising Tauras Tradicinis nealkoholinis (Tauras traditional non-alcoholic) non-alcoholic beer. The court upheld the appeal of the Kalnapilis-Tauro Group and annulled the […]