Lithuania - Banking & Finance Lawyers & Law Firms - Europe - Chambers and Partners
Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist' https://www.chambersandpartners.com.
Close
Europe Guide

Banking & Finance — Lithuania


Ellex Valiunas - Banking & Finance Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Leading practice involved in finance transactions and regulatory matters. Visible in the market for its project financing and capital markets work. Boasts experience in structured products and debt restructuring and recovery. Also active in transactional matters and assists with regulatory issues. Advises the Lithuanian state on sovereign borrowing matters. Experienced representing clients in financial products disputes. Adept at conducting cross-border work.

Strengths Clients value the team's service. "They were highly responsive and provided great advice," reports one source.

Another market commentator describes the practice as "strong in regulatory and transactional matters."

Work highlights Advised Danske Bank on the complex sale of the group's Estonian asset operation Danske Capital to Swedbank.

Assisted the European Investment Bank with a EUR50 million financing provided to the Vilnius City Municipality.

Notable practitioners

Finance and tax expert Giedrius Stasevičius is highly respected by sources for his wealth of experience in financing projects.

Experienced financing lawyer Gediminas Rečiūnas is noted by market spectators as acting for banks, including in regulatory matters.

Joana Baublytė-Kulvietė is noted by sources as a financial markets and regulatory specialist. She recently assisted a consortium of banks as joint lead managers with the issuance of EUR450 million Eurobonds by the Republic of Lithuania.

About the Team (content provided by Ellex Valiunas)

Our team represents major international and domestic banks, investment firms, insurance companies and other financial institutions. We enjoy a heavy volume of banking-related work, including commercial lending, syndicated loans, refinancing and portfolio restructuring. Our team provides advice in relation to debt, equity, and derivatives offerings and regulatory issues, as well as restructuring options involving banks and other financial institutions. 

We work with our clients at every stage—arranging money for start-ups; negotiating mergers, joint ventures, and acquisitions; and arranging alliances. We advise on a range of complex financial transactions, particularly those in a cross-border context. 

Our main areas of expertise: Capital Markets; Finance Regulation & Compliance; Investment & Pension Funds; Insurance; EU Funding & Investment Incentives.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Sorainen - Banking & Finance Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Top-tier department acting on transactional as well as regulatory financing matters. Possesses sovereign borrowing as well as insurance expertise. Acts for banks, payment institutions, insurance companies and consumer credit providers among other clients.

Strengths The team wins praise for its "exceptional attention to clients."

One client further highlights the firm's dedication, stating: "They performed extremely well in a very timely manner."

Work highlights Acted for Nordea on merging its operations with DNB in Estonia, Lithuania and Latvia in order to build the largest bank in the Baltic nations.

Advised Providence Equity Partners on its EUR115 million acquisition of Modern Times Group in the Baltics.

Notable practitioners

Tomas Kontautas maintains his position as a top-tier lawyer after receiving outstanding feedback, with sources describing him as "energetic and business-oriented." His clients include financial institutions, and he recently advised the Lithuanian Ministry of Finance on bond transactions.

According to clients, Augustas Klezys "understands quality" and "is easy to deal with." His experience includes providing counsel on cross-jurisdictional transactions in capital markets and banking.

About the Team (content provided by Sorainen)

Department profile not yet provided by Sorainen. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


TGS Baltic - Banking & Finance Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly reputed team that covers a broad range of legal issues and advises local and European banks. Handles acquisition financing as well as regulatory and bankruptcy proceedings. Experienced in assisting hedge funds, private equity firms and insurance companies. Its most recent activity includes advising clients in the energy, pharmaceutical and transport sectors.

Strengths Clients highlight the team's strong project management skills, with one interviewee reporting: "The firm has not only dealt with the matter in a very proactive manner, suggesting various offensive and defensive strategies, but also very impressively managed the entire project."

Another source comments on the "sharp and efficient approach to solving problems," saying: "I am always confident to leave matters in their hands," and adds: "They also take part in decision-making, which is very unusual for advisers, especially lawyers."

Work highlights Advised Lithuanian Railways on financing matters pertaining to the implementation of the EUR5 billion Rail Baltica project.

Assisted the European Investment Bank with the development of a leveraged fund scheme in the real estate sector, valued at EUR865 million.

Notable practitioners

Vilius Bernatonis is noted for his banking and finance expertise. He assisted Lietuvos Energija and its subsidiary Vilniaus Kogeneracinė Jėgainė with structuring a EUR190 million loan obtained from the European Investment Bank.

Head of the capital markets and corporate practice groups, Vidmantas Drizga impresses clients with his "extremely sharp and client-focused approach," and they add: "He really understands the needs of various stakeholders." Furthermore, clients recognise that he is active in bankruptcy cases. He advised City Service on becoming listed on the Warsaw Stock Exchange and on being delisted from the Vilnius Stock Exchange.

About the Team (content provided by TGS Baltic)

Whether you are financiers or borrowers, we will advise you in connection with financing transactions, borrower due diligence, project finance, creation of collaterals, legal opinions, debt restructuring and other matters. For financial institutions, we provide advise on regulatory matters, turn-around projects and major restructuring projects, as well as acquisitions of portfolios, both cross-border and local.

We advise a combination of Baltic and international clients on a broad spectrum of financing, banking and insurance matters. Our lawyers are regularly listed among the Baltic region's best for their know-how, contacts and creative solutions.

We work with businesses, governments, financial supervision authorities and EU institutions, as well as all major Baltic financial institutions on regulatory and transactional issues. Leading international banks rely on us for assistance in Baltic matters.


ADVICE AND REPRESENTATION ON:

  • banking regulatory work
  • asset finance
  • asset-based lending
  • acquisition leveraged finance
  • structured finance transactions
  • trade and commodities finance
  • insurance
  • debt restructuring
  • banking litigation
  • other financial services

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


COBALT - Banking & Finance Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-established team that advises clients on high-value transactions and regulatory issues. Works for prominent international banks and significant corporate clients. Adept at assisting clients with venture capital funds. Recently acted on matters pertaining to acquisition finance, corporate loans, issuance of corporate bonds and IPOs.

Strengths Clients praise the efficiency of the service, with one client remarking: "The service is fast and the lawyers identify specific risks and are able to tell apart the major issues from the minor ones."

Further clients comment on the strong quality and commitment of the team, as another client says: "I appreciate the lawyers' attention to detail and the effort they put into achieving a high level of quality."

Work highlights Advised DNB on merging its operations with Nordea.

Advised the European Investment Bank on a EUR190 million corporate loan issuance provided to a subsidiary of Lietuvos Energija to finance a new CHP plant in Vilnius.

Notable practitioners

Expert in finance law Akvilė Bosaitė is noted by clients for her solid banking experience as well as her transactional and regulatory expertise. "Akvilė delivers and is creative as well," says one client, and another adds: "She is very good at thinking outside the box." She advised 4finance Group on a EUR100 million matter regarding the issuing of corporate bonds.

Elijus Burgis, head of the corporate transactions department, continues to be active in financing transactions as well as regulatory and M&A matters. Clients comment: "He has a sharp mind, so helps us to make complicated decisions, and he works on large-scale mandates." He represented Nets in the acquisition of Nordea Merchant Acquiring, valued at EUR230 million.

About the Team (content provided by COBALT)

Department profile not yet provided by COBALT. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Glimstedt Bernotas & Partners - Banking & Finance Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-reputed practice that advises banks and other financial institutions on a range of matters, including financings and refinancings as well as regulatory issues. Adept at handling acquisition-related mandates. Its clientele also includes credit unions and investment funds as well as borrowers. Active in the fintech sector.

Strengths Clients are effusive about the department's efficiency and productivity, with one client saying: "The group engages in problem-solving quickly and is very reasonable, and does not waste time or money."

Other clients appreciate the team's "excellent network with most companies and official institutions," and also note: "The representation during negotiations is strong as well."

Work highlights Represented Vienna Insurance Group in its acquisition of insurance company BTA Group.

Advised SportsDirect on financing matters pertaining to Sportland Group.

Notable practitioners

Andrius Ivanauskas is head of the private equity practice and also active in regulatory matters in the field of banking and finance. One client appreciates that he is "fast, always available and consistently delivers results on time."

About the Team (content provided by Glimstedt Bernotas & Partners)

Department profile not yet provided by Glimstedt Bernotas & Partners. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Eversheds Saladžius (a member of Eversheds Sutherland) - Banking & Finance Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Adept at acting on financial matters for corporates and banks, including financing and securities mandates. Also handles regulatory work. Holds experience in bankruptcy administration.

Strengths Clients are impressed by the team's "immediate responses, business-oriented advice, excellent service and very flexible approach."

Work highlights Assisted The Richmond Group with establishing and registering a Lithuanian subsidiary.

Advised Fortum Group on its co-generation power plant project with Lietuvos Energija.

Notable practitioners

Head of practice Jonas Saladžius is a key contact for clients.

About the Team (content provided by Eversheds Saladžius (a member of Eversheds Sutherland))

Department profile not yet provided by Eversheds Saladžius (a member of Eversheds Sutherland). Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Law firm TVINS - Banking & Finance Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Best known for regulatory work within the banking and finance field. Particular expertise in alternative financing. Adept at handling restructuring and investment mandates.

Strengths One client notes the lawyers' "proactivity, as well as their strong negotiating skills, especially with institutions," and remarks that "it's easy to read the documents prepared by them."

Other sources comment on their strategic skills, saying: "Their tips and insights help you choose the right strategy," and praise "their responsibility, flexibility and reach."

Value for Money Sources report on the "excellent price-quality ratio" provided by the firm.

Work highlights Advised Lords LB Asset Management on establishing an investment fund valued at EUR30 million.

Assisted Finansų bitė verslui with a crowdfunding platform in Lithuania.

Notable practitioners

Tomas Talutis impresses clients with his skill in "solving difficult issues that require creative and non-standard thinking." One source adds that "he is on top of the local financial industry issues and always follows up on his work." He particularly focuses on securities and insurance law matters. He assisted Dovre Forvaltning with AML issues.

About the Team (content provided by Law firm TVINS)

Department profile not yet provided by Law firm TVINS. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


LEADELL Balčiūnas & Grajauskas - Banking & Finance Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Assists Lithuanian credit unions and banks. Primarily deals with bankruptcy and insolvency issues. Draws upon the expertise of the dispute resolution practice and is also adept at acting on regulatory and M&A matters.

Strengths Interviewees are aware of the practice's litigious work, with one source saying: "They are quite strong in the field of debt litigation."

Work highlights Represented a consortium of credit unions in relation to loan portfolios valued at EUR58 million.

Advised Achemos grupė on its acquisition of Litagra Group and its Latvian subsidiary Litagra SIA.

Notable practitioners

Marius Grajauskas leads on many of the department's matters and continues to be recognised in the market for his experience of working in-house for a bank. Assisted with the representation of the temporary bankruptcy administrator of Amber credit union during the time of the Bank of Lithuania's boycott of the aforesaid union, valued at EUR3 million.

About the Team (content provided by LEADELL Balčiūnas & Grajauskas)

Department profile not yet provided by LEADELL Balčiūnas & Grajauskas. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Senior Statesperson

Giedrius Stasevičius

Ellex Valiunas

From the Chambers Europe guide

Finance and tax expert Giedrius Stasevičius is highly respected by sources for his wealth of experience in financing projects.

^ See whole ranking table

Band 1

Sorainen

From the Chambers Europe guide

Tomas Kontautas maintains his position as a top-tier lawyer after receiving outstanding feedback, with sources describing him as "energetic and business-oriented." His clients include financial institutions, and he recently advised the Lithuanian Ministry of Finance on bond transactions.

^ See whole ranking table

Band 1

Gediminas Rečiūnas

Ellex Valiunas

From the Chambers Europe guide

Experienced financing lawyer Gediminas Rečiūnas is noted by market spectators as acting for banks, including in regulatory matters.

^ See whole ranking table

Band 2

COBALT

From the Chambers Europe guide

Expert in finance law Akvilė Bosaitė is noted by clients for her solid banking experience as well as her transactional and regulatory expertise. "Akvilė delivers and is creative as well," says one client, and another adds: "She is very good at thinking outside the box." She advised 4finance Group on a EUR100 million matter regarding the issuing of corporate bonds.

^ See whole ranking table

Band 3

Joana Baublytė-Kulvietė

Ellex Valiunas

From the Chambers Europe guide

Joana Baublytė-Kulvietė is noted by sources as a financial markets and regulatory specialist. She recently assisted a consortium of banks as joint lead managers with the issuance of EUR450 million Eurobonds by the Republic of Lithuania.

^ See whole ranking table

Band 3

Vilius Bernatonis

TGS Baltic

From the Chambers Europe guide

Vilius Bernatonis is noted for his banking and finance expertise. He assisted Lietuvos Energija and its subsidiary Vilniaus Kogeneracinė Jėgainė with structuring a EUR190 million loan obtained from the European Investment Bank.

^ See whole ranking table

Band 3

COBALT

From the Chambers Europe guide

Elijus Burgis, head of the corporate transactions department, continues to be active in financing transactions as well as regulatory and M&A matters. Clients comment: "He has a sharp mind, so helps us to make complicated decisions, and he works on large-scale mandates." He represented Nets in the acquisition of Nordea Merchant Acquiring, valued at EUR230 million.

^ See whole ranking table

Band 3

Gediminas Dominas

DOMINAS DERLING

From the Chambers Europe guide

Gediminas Dominas of DOMINAS DERLING is well known for acting on financing transactions and is also experienced in bank insolvency cases and disputes. He advised Copenhagen Fur on implementing a supplier financing system, valued at EUR2 million per annum.

^ See whole ranking table

Band 3

TGS Baltic

From the Chambers Europe guide

Head of the capital markets and corporate practice groups, Vidmantas Drizga impresses clients with his "extremely sharp and client-focused approach," and they add: "He really understands the needs of various stakeholders." Furthermore, clients recognise that he is active in bankruptcy cases. He advised City Service on becoming listed on the Warsaw Stock Exchange and on being delisted from the Vilnius Stock Exchange.

^ See whole ranking table

Band 3

Marius Grajauskas

LEADELL Balčiūnas & Grajauskas

From the Chambers Europe guide

Marius Grajauskas leads on many of the department's matters and continues to be recognised in the market for his experience of working in-house for a bank. Assisted with the representation of the temporary bankruptcy administrator of Amber credit union during the time of the Bank of Lithuania's boycott of the aforesaid union, valued at EUR3 million.

^ See whole ranking table

Band 3

Andrius Ivanauskas

Glimstedt Bernotas & Partners

From the Chambers Europe guide

Andrius Ivanauskas is head of the private equity practice and also active in regulatory matters in the field of banking and finance. One client appreciates that he is "fast, always available and consistently delivers results on time."

^ See whole ranking table

Up and Coming

Sorainen

From the Chambers Europe guide

According to clients, Augustas Klezys "understands quality" and "is easy to deal with." His experience includes providing counsel on cross-jurisdictional transactions in capital markets and banking.

^ See whole ranking table

Up and Coming

Law firm TVINS

From the Chambers Europe guide

Tomas Talutis impresses clients with his skill in "solving difficult issues that require creative and non-standard thinking." One source adds that "he is on top of the local financial industry issues and always follows up on his work." He particularly focuses on securities and insurance law matters. He assisted Dovre Forvaltning with AML issues.

^ See whole ranking table