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Commercial

Our experts have taken part in many of the most complex foreign and domestic trade transactions. We combine legal expertise with deep sector knowledge and a "can-do" approach to cover a full range of commercial and business law issues. Our firm helps major foreign businesses to enter the Lithuanian market and to deal with their local trading partners. When it comes to handling multi-jurisdictional commercial transactions, our footprint and extensive experience managing complex cross-border transactions sets us apart.

Key contacts

Dr. Jaunius Gumbis

Partner

Head of the Industry & Regulatory practice
+370 52681830
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Dovilė Greblikienė

Partner

Head of the Industry & Regulatory practice
+370 52681875
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Key projects in the field

We consulted famous basketball player Robertas Javtokas
We represented Robertas Javtokas, a famous Lithuanian basketball player and member of national basketball team. We consulted the player on recovery of debt under a sports' contract with his former club in Russia.
We successfully represented Siemens in a 14.5 million euro dispute between the joint venture partners
We have helped our client win the case concerning penalties amounting to approx. EUR 14.5 million for the allegedly unlawful termination of a joint venture agreement. Finally the Supreme Court of Lithuania quashed the judgments of the Vilnius Regional Court and the Court of Appeal of Lithuania whereby these courts ordered Siemens to pay huge penalties.
Our firm represents Axpo Nordic, one of the European leaders in the electricity trade
Axpo Nordic is one of the biggest European traders in electricity and the first foreign company active in the electricity market of Lithuania. The company is rapidly increasing the scope of its commercial activities related both to physical and financial trade in electricity in all three Baltic States.
We represent Axpo Nordic providing legal advice and assistance. Our services cover authorisations for trade in electricity in the Baltic States, preparation of the contractual arrangements for trade, including drafting of the master agreement and negotiations on separate bilateral deals, consultations on legal and regulatory matters, assistance related to cross-border flows of electricity, pricing, taxation, customs, and relations with the regulatory authorities.