We advised the Italian concern SAPI S.p.a. on acquiring a 15% stake in the Cross financing company, which is a holding company for Rietavo veterinarinė sanitarija and Reneta. This is the first investment by the Italian concern in the Baltic countries. The transaction is significant for both parties and as well as the whole region, […]
Amendments to the Insolvency Law, Civil Procedure Law and the Law On Protection of employees in case of Insolvency of Employer aimed at transposing the Directive on Restructuring and Insolvency were adopted in March this year and are applicable to proceedings initiated starting from 15 September. Read more about types of proceedings, statutory moratorium, classes of creditors […]
Assistant lawyer Nikola Cīparsone compiled the material. EU Law Commission welcomes G7 leaders’ agreement on Guiding Principles and a Code of Conduct on Artificial Intelligence Published: 30 October 2023 The Commission welcomes the agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers under the Hiroshima […]
We advised IKI Lietuva on signing a lease agreement for commercial premises in the shopping centre Europa. This will be the first IKI store at shopping, entertainment and leisure centres. “As much convenience as possible for our customers is the constant goal of the team. This constantly encourages us to improve, so we are raising […]