-
EBRD: Baltics ahead in national insolvency policy
The European Bank for Reconstruction and Development (EBRD) has released the 2023 Survey Report of Insolvency and Secured Transaction Regimes. The survey highlights national-level policy issues that prevent companies from being able to restructure funds or declare insolvency. The Baltic countries overall have exceptionally good insolvency policies compared to other countries surveyed. The issues According […]
-
Employing foreign nationals in Lithuania: certain migration procedures simplified
On 30 June 2022 the Parliament adopted amendments to the Law on the Legal Status of Foreigners simplifying certain migration procedures. Some of the changes entered into force on 1 August 2022, while others will come into force on 1 January 2023 or 1 July 2023. Our Employment team prepared an overview of the most […]
-
World Bank Group publishes Employing Workers dataset covering 191 economies
The World Bank, an international financial institution, asked for our assistance with its Employing Workers project. Employment law experts from our Estonian and Lithuanian office filled in a detailed questionnaire to describe the regulation of employment in the region – specifically as it relates to hiring, working hours and making workers redundant. Employing Workers The […]
-
Women, Business and the Law 2021
Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. […]
-
New quarantine restrictions apply as of 9 December 2020: what employers should know
After assessing the epidemiological situation in Lithuania, the Government has adopted additional restrictions on business, education, movement of people, meetings and other fields. This resolution and the new restrictions will come into force as of Wednesday, 9 December 2020. In response to the additional restrictions, we have prepared this summary covering key information relevant to […]