Augustas Klezys
Partner
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About me
As a partner with the firm’s Finance & Insurance team and a business sector enthusiast, all my energy goes into providing cross-practice advice to financial sector companies.
Professional highlights
Finance sector team leader. Within the firm I lead this team by assembling legal experts to establish the specific legal needs of clients and provide them with exact solutions.
Most complex transactions. It has been a privilege to advise financial sector companies in most complex and innovative transactions. For example, I worked with the Lithuanian legal teams that advised the Nasdaq, Luminor, Šiaulių bankas and LNG Terminal transactions.
Co-author for country opinion. In 2018 I co-authored the International Swaps and Derivatives Association (ISDA) netting country opinion for Lithuania. As Sorainen is a member of ISDA, I play an active role at meetings and provide insights on national derivatives-related regulations.
Advising FinTech firms. FinTech companies often seek my advice on licencing their activities in the EU as well as to help them streamline operations after they obtain licences.
Ex-banker. My focus on the financial sector and cross-practice benefits is continuous: before joining Sorainen I headed the legal unit at DNB Lithuania (now Luminor).
Academic background
- Vilnius University, Lithuania (MA in Commercial Law)
I am a member of
- Lithuanian Bar Association
- Member of the Board of the British Chamber of Commerce in Lithuania
Deals & Cases
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Verse Payments Lithuania obtains electronic money institution licence
Deals & Cases -
First Lithuanian fintech startup to offer shares publicly and to enter First North market
Deals & Cases -
Best Finance obtains payment institution licence
Deals & Cases -
EBRD to extend second loan to Modus Group for construction of biogas power plants in Belarus
Deals & Cases -
Nordea and DNB sell majority ownership in Luminor to Blackstone
Deals & Cases