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The Supreme Court declined to accept the claimant’s appeal for review, thereby rendering the important ruling final and bringing an end to a dispute that had lasted for years. We successfully represented the bankruptcy trustee and the company in a dispute over the recognition of an alleged claim of EUR 6.3 million in bankruptcy proceedings. […]
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At the Ministry of Climate’s request, we carried out a legal analysis to assess the requirements for construction projects and make proposals for their modification based on current legislation, problem areas, and implementation practices. The existing legal framework is fragmented, with construction project requirements being excessively detailed and overly focused on documentation. Additionally, the requirements […]
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We advised REFI Sun, a company of the renewable energy investment fund INVL Renewable Energy Fund I, in preparation for a public bond offering program of up to EUR 25 million and in the bond issuance process. In the initial placement, REFI Sun publicly issued bonds worth EUR 15 million to retail and institutional investors […]
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We advised The Nordic Investment Bank (NIB) and NORD/LB in providing EUR 64 million in financing to the Green Genius group. The funds will be allocated to the development of two new 91 MW solar power parks in Izabelinė (Ignalina district) and Lieponys (Trakai district). Additionally, an 18 MW battery energy storage system (BESS) is planned in Izabelinė […]
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Legal assistant Viktorija Markovaite compiled the material. Competition European Commission launches review of Foreign Subsidies Regulation Published: 12 August 2025 The Foreign Subsidy Regulation (FSR) took effect on 13 July 2023. This new set of rules enables the Commission to address any distortions to competition caused by foreign subsidies in the internal market. It allows the EU […]
