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Following a long delay in the negotiations, the Council and European Parliament reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD) on 21 June 2022. The agreed text was released on 30 June, however, it is still subject to the formal adoption procedure and thereby, further review. The proposal for the CSRD, […]
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Publication / Lina Ragainytė-Mezenė
The Law on Securitisation and Covered Bonds, as well as related amendments to other legal acts, have recently entered into force in Lithuania. The amendments aim to contribute to the development of Lithuania’s capital market and to broaden the diversity of sources of funding. The new regulations will give financial institutions more opportunities to raise […]
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In the 2022 Summer issue of Eurofenix, the journal of INSOL Europe, our insolvency experts, senior associate Dr. Mari Agarmaa and associate Aleksandr Šapovalov published a report about Estonia focusing on the establishment of an Insolvency Division in Estonia. Late initiation of bankruptcy proceedings The main issues in Estonian bankruptcy proceedings are associated with the […]
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”The legal market was very different in the 1990s compared to now. In my view, the firms which have controlled their egos and given more freedom to the younger generation have proven to be most successful over time. It is also incredible – and quite unique – how competing law firms collaborate with each other […]
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At the beginning of the summer, the Parliament of the Republic of Lithuania adopted amendments to the Labour Code (hereinafter – the LC) covering many aspects of labour law. In total, more than 40 articles of the LC have been amended, most of which will enter into force on 1 August 2022. Here is an […]
