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We advised UAB Masterisk on the establishment of a managing general agent (MGA) platform for the distribution of suretyship bond insurance products in the Baltic states on behalf of Fortegra Belgium Insurance Company NV, part of the international specialty insurance group Fortegra. This initiative marks an important step in strengthening the availability of alternative surety solutions for businesses in […]
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On 14 May 2026, the Seimas adopted amendments to the Law on the Legal Status of Foreigners, introducing significant changes in foreigner employment. Most of the amendments (with a few exceptions) came into force on 22 May 2026 and will have a direct impact on employers hiring third-country nationals. Below we outline the key aspects […]
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We advised Heidelberg Materials Lietuva Betonas on two strategic transactions with the ESSPO group, aimed at separating their activities in the mobile and stationary concrete plant segments. First, Heidelberg Materials Lietuva Betonas sold its 45% shareholding in Heidelberg Mobile to the ESSPO group, thereby exiting the joint venture between the parties. Second, Heidelberg Materials Lietuva […]
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This year’s Baltic M&A and Private Equity Forum in Riga brought together the region’s deal‑making community to reflect on where the market is heading next. The discussions made one thing clear: conditions have changed. Deals take longer, buyers are more selective, preparation matters more than ever before, and geopolitical uncertainty remains part of the backdrop. […]
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Assistant lawyers Paulina Patašiūtė and Erlandas Prakapavičius compiled the material. Data & tech Commission fines Temu €200 million for breaching the Digital Services Act Published: May 28, 2026 The European Commission fined Temu €200 million under the Digital Services Act for failing to properly assess and address the risks of illegal products being sold on its platform. […]