The attorney-at-law successfully represented financial institution employees and the main shareholder in a high-profile investigation conducted by the Bank of Lithuania concerning Foxpay, UAB.
On 20 December 2024, the Vilnius Regional Court issued a favourable ruling for our client, distributing damage compensation among the defendants based on the presented evidence and arguments. This decision provides a foundation for further efforts to recover damages from individuals who unlawfully misappropriated and squandered company funds. The client was represented in this case, and in the investigation conducted by the Financial Crime Investigation Service, by attorney-at-law Karolis Gudas and assistant attorney-at-law Silvija Dubakaitė.
The attorney-at-law Karolis Gudas represented the Lithuanian Radio and Television Centre, refuting LRT’s allegations of unjustified pricing, damages, and alleged abuse of a dominant market position. On 17 December 2024, the Lithuanian Court of Appeal fully upheld our arguments, rejected LRT’s claims as unfounded, and awarded litigation costs from LRT. This case is crucial for ensuring sustainable financial operations for the client.
The attorney-at-law Karolis Gudas represented the Lithuanian Radio and Television Centre, refuting LRT’s allegations of unjustified pricing, damages, and alleged abuse of a dominant market position. On 17 December 2024, the Lithuanian Court of Appeal fully upheld our arguments, rejected LRT’s claims as unfounded, and awarded litigation costs from LRT. This case is crucial for ensuring sustainable financial operations for the client.
The attorney-at-law successfully represented financial institution employees and the main shareholder in a high-profile investigation conducted by the Bank of Lithuania concerning Foxpay, UAB.
The attorney-at-law represented one of the largest construction contracting companies in a dispute with a manufacturing company. As a result, the parties reached an amicable settlement, enabling the project to proceed.
The attorney-at-law successfully represented one of the largest renewable energy project developers in a dispute with Litgrid AB regarding the signing of an intent protocol.
The attorney-at-law successfully represented UHB in a legal dispute regarding the execution of a real estate purchase and sale transaction.
The attorney-at-law successfully represented UHB in a legal dispute regarding the execution of a real estate purchase and sale transaction.
The attorney-at-law represented cryptocurrency miners in a USD 30 million dispute against one of China’s largest suppliers of cryptocurrency mining equipment under Hong Kong International Arbitration rules.
The attorney-at-law represented the electronic money institution Foxpay UAB in an investigation initiated by the Bank of Lithuania regarding the compliance of the institution’s activities with legal requirements.
The attorney-at-law represented a client at the Vilnius Chamber of the Regional Administrative Court in a dispute against the State Territorial Planning and Construction Inspectorate under the Ministry of Environment.
The attorney-at-law represented a client at the Vilnius Chamber of the Regional Administrative Court in a dispute against the State Territorial Planning and Construction Inspectorate under the Ministry of Environment.
The attorney-at-law represented the electronic money institution Foxpay UAB in an investigation initiated by the Bank of Lithuania regarding the compliance of the institution’s activities with legal requirements.
The attorney-at-law successfully represented a company director at the Supreme Court of Lithuania in a dispute with customs authorities regarding the importation of goods bearing a third-party trademark. The court decided to dismiss the case against the client.
The attorney-at-law successfully represented the Lithuanian Radio and Television Centre in a dispute with the Lithuanian National Radio and Television (LRT) and the Communications Regulatory Authority of the Republic of Lithuania regarding alleged abuse of dominant market position, pricing policies, and jurisdictional authority. The Vilnius Regional Court fully dismissed LRT’s claims.
The attorney-at-law successfully represented the Lithuanian Radio and Television Centre in a dispute with the Lithuanian National Radio and Television (LRT) and the Communications Regulatory Authority of the Republic of Lithuania regarding alleged abuse of dominant market position, pricing policies, and jurisdictional authority. The Vilnius Regional Court fully dismissed LRT’s claims.
The attorney-at-law represented one of the largest electronic money institutions ZEN.COM UAB in an investigation initiated by the Bank of Lithuania regarding the compliance of the institution’s activities with legal requirements.
The attorney-at-law defended an employee of the Vilnius City Municipality Administration in a pre-trial investigation conducted by the Special Investigation Service regarding corruption-related offenses. The pre-trial investigation against the client was terminated.
The attorney-at-law successfully represented one of the largest renewable energy project developers implementing a project of 100 MW hybrid power plant in a dispute with Litgrid AB regarding the design modifications. As a result, Litgrid AB withdrew its claims against the developer.
The attorney-at-law successfully represented the Rail Baltica project coordinator, RB Rail AS, in design-related disputes in Lithuania, Latvia, and Estonia under FIDIC regulations, contributing to an amicable resolution of disputes with one of Europe’s largest design firms.
The attorney-at-law successfully represented the Rail Baltica project coordinator, RB Rail AS, in design-related disputes in Lithuania, Latvia, and Estonia under FIDIC regulations, contributing to an amicable resolution of disputes with one of Europe’s largest design firms.
The attorney-at-law successfully represented clients at the Supreme Administrative Court of Lithuania in a dispute against the Migration Department concerning the permits of international transport company employees. The court declared that the Migration Department does not have the authority to revoke permits based on the number of vehicles owned. This case was one of 31 disputes between the IPUKIS Group and the Migration Department.
The attorney-at-law successfully represented the developers of one of the largest hybrid parks in Lithuania – 100 MW – in proceedings before Litgrid AB and the National Energy Regulatory Council. The project will significantly contribute to the country’s energy security and sustainable energy development.
The attorney-at-law successfully represented the developers of one of the largest hybrid parks in Lithuania – 100 MW – in proceedings before Litgrid AB and the National Energy Regulatory Council. The project will significantly contribute to the country’s energy security and sustainable energy development.
The attorney-at-law successfully represented the developers of one of the largest hybrid parks in Lithuania – 100 MW – in proceedings before Litgrid AB and the National Energy Regulatory Council. The project will significantly contribute to the country’s energy security and sustainable energy development.
The attorney-at-law is an arbitrator in a commercial arbitration case concerning the exercise of an option right.
The attorney-at-law represents a party in EUR 500,000+ dispute with a contractor regarding construction contract price adjustments, deadline extensions, and damage compensation.
The attorney-at-law successfully represented electricity grid owners in transferring their networks to the distribution system operator, ensuring a smooth transition.
The attorney-at-law represents a wind farm developer in a legal dispute regarding the conditions for connection to the transmission network.
The attorney-at-law represents the largest Lithuanian road transport association in a judicial dispute (five related cases in court) between the association’s governing bodies.
The attorney-at-law defended a client accused of transporting cash across the state border without declaring it to customs. A well-executed defence strategy led to the client being released from criminal liability, with only 20% of the transported cash being confiscated.
The attorney-at-law assisted the UHB Group in purchasing a fertilizer production company in Uzbekistan.
The attorney-at-law assisted the Turkish investor Unirad and the Baltic-American Clinic in implementing an investment agreement, enabling the provision of MRI and mammography services in Lithuania.
The attorney-at-law represents a construction manager in a dispute against a consortium of four contractors regarding the damage of EUR 10 million.
The attorney-at-law successfully defended the client’s rights while representing the former director of a chemical industry manufacturing company in a dispute concerning the initiation of intentional bankruptcy proceedings.
The attorney-at-law successfully defended the client’s interests in a real estate dispute with the seller regarding the termination of a preliminary purchase and sale agreement and compensation for damages. The court upheld the claim, and the client’s losses were recovered.
The attorney-at-law successfully completed a bankruptcy process, representing the largest creditor in the restructuring of a sewing company operating since 1990.
The attorney-at-law is also a board member of an IT and fintech services company, responsible for anti-money laundering and counter-terrorist financing measures.
The attorney-at-law successfully represented a heating supply company in a dispute against a contractor, reaching a peaceful settlement of the dispute.
The attorney-at-law represented a specialized bank in an investigation initiated by the Bank of Lithuania regarding the compliance of the institution’s activities with legal requirements.
The attorney-at-law won a case at the Supreme Administrative Court of Lithuania in a dispute with the State Security Department and the Migration Department regarding an alleged national security threat. The court overturned the decisions made by these institutions.
The attorney-at-law successfully resolved disputes with creditors regarding bankruptcy proceedings (a total of four legal proceedings), representing Dermofaktorius UAB, the owner of the Manilla brand.
The attorney-at-law secured a peaceful settlement of a dispute with creditors after winning a case at the Vilnius Regional Court regarding the repayment of funds under a guarantee.
The attorney-at-law successfully represented Žvirbloniai Green Energy UAB (Lith. UAB “Žvirblonių žalioji energija”) in a dispute with the Radviliškis Municipality at the Regional Administrative Court regarding the construction of a wind farm and environmental impact assessment. The case was resolved with a peaceful settlement of the dispute favourable to the client.
The attorney-at-law successfully represented Žvirbloniai Green Energy UAB (Lith. UAB “Žvirblonių žalioji energija”) in a dispute with the Radviliškis Municipality at the Regional Administrative Court regarding the construction of a wind farm and environmental impact assessment. The case was resolved with a peaceful settlement of the dispute favourable to the client.
The attorney-at-law successfully assisted UHB Agro UAB in purchasing a fertilizer production company in Lithuania.
The attorney-at-law successfully represented a guarantor in a court concerning the guarantor’s subsidiary liability for the obligations of a bankrupt company.
After the court upheld the client’s claim, the attorney-at-law secured a victory in a legal dispute regarding a shareholder’s liability for a company’s USD 5.5 million debt (corporate veil piercing).
After the court upheld the client’s claim, the assistant attorney-at-law secured a victory in a legal dispute regarding a shareholder’s liability for a company’s USD 5.5 million debt (corporate veil piercing).
The attorney-at-law represented a contractor in ICC International Court of Arbitration regarding a regional waste management facility, disputing additional work and penalties at a total value of EUR 10 million.
The attorney-at-law successfully negotiated a settlement between the parties in a dispute, representing a real estate project developer in a case concerning delays in connecting the facility to the distribution network.
The attorney-at-law represented the Baltic-American Clinic in acquiring company shares for the expansion of a healthcare facility in Kaunas.
The attorney-at-law provided legal consultation on state aid matters for the Rail Baltica project.
The attorney-at-law successfully handled legal matters related to the acquisition of the Vilnius TEC-3 Power Plant.
The attorney-at-law defended the head of a logistics company suspected of dealing with illegally obtained assets. After presenting collected evidence and well-prepared arguments, the pre-trial investigation against the client was terminated.
The attorney-at-law represented victims in court seeking compensation for damages caused by a traffic accident. A successful strategy resulted in the court awarding not only compensation for non-material damages but also reimbursement for lost income.
The attorney-at-law defended the head of a company accused of fraudulent accounting and providing false income data. A well-planned defence strategy resulted in the client’s acquittal on providing false income data, while the fraudulent accounting was reclassified as negligent accounting, leading to the client’s exemption from criminal liability. The State Tax Inspectorate’s civil claim in the case was reduced by 60%.
The attorney-at-law successfully defended a deputy director of a municipal administration who was accused of corruption-related crimes. The client was acquitted, and the favourable decision was upheld on appeal and cassation.
The attorney-at-law successfully defended the head of a company accused of fraudulent accounting and providing false data on the company’s income and profit. The client was acquitted of providing false data and relieved of liability for other alleged crimes. The VAT amount charged by the State Tax Inspectorate was reduced by 95%.
The attorney-at-law successfully represented a Lithuanian client in a EUR 10 million FIDIC dispute with an Italian contractor, heard at the ICC Court of Arbitration in Paris, where the opponent’s claim was dismissed.
The attorney-at-law successfully conducted a legal analysis regarding investments in a combined-cycle gas power plant (53 MWel) for the Abstergo Group.
The attorney-at-law represented a company implementing one of the largest infrastructure projects in the Baltic region in its dealings with a contractor.
The attorney-at-law successfully handled legal matters related to the acquisition of the Vilnius TEC-3 Power Plant.
The attorney-at-law successfully represented Vilnius Cogeneration Power Plant UAB in Stockholm during the largest construction contract arbitration dispute in the Baltic region against the general contractor, the Polish company Rafako S.A. The dispute concerned contract termination, penalties, and additional work, with a total claim exceeding EUR 70 million. After winning the case, a settlement agreement was concluded, enabling the completion of an infrastructure project strategically important for Lithuania – the Vilnius Cogeneration Power Plant.
The attorney-at-law advised the Rail Baltica project coordinator, RB Rail AS, on financing issues for this strategically significant project.
The attorney-at-law successfully negotiated a peaceful settlement in a dispute between insurance companies regarding a paid-out insurance claim and a recourse claim for damages of EUR 4 million, caused by a collision between an airport ground service bus and an aircraft.
The attorney-at-law won a case representing a municipality in a dispute against suppliers regarding the provision of food for children’s kindergartens. The court made decision in favour of the municipality.
The attorney-at-law provided comprehensive legal assistance to renewable energy investor IFE Eriksen AG in various renewable energy projects.
The attorney-at-law provided comprehensive legal assistance to renewable energy investor IFE Eriksen AG in various renewable energy projects.
The attorney-at-law provided comprehensive legal assistance to the Rail Baltica project, a strategically significant infrastructure project.
The attorney-at-law won a case representing a luxury car owner in a dispute regarding the recovery of cars from unlawful possession by a third party. The client’s cars were returned.
The attorney-at-law represented an international company in a pre-trial investigation conducted by the Financial Crime Investigation Service, in which the company’s funds held in Lithuanian financial institutions were subjected to ownership restrictions. A well-planned defence strategy resulted in all claims against the company being dismissed.
The attorney-at-law successfully defended the head of a company in a pre-trial investigation conducted by the Financial Crime Investigation Service regarding unpaid wages. The pre-trial investigation against the client was terminated.
The attorney-at-law successfully represented a real estate development company in a pre-trial investigation conducted by the Financial Crime Investigation Service regarding violations of the Law on Prevention of Money Laundering and Terrorist Financing.
The attorney-at-law defended a representative of a foreign company in an investigation conducted by the Customs Criminal Service. The client was suspected of document forgery and organizing large-scale smuggling. The pre-trial investigation against the client was terminated.
The assistant attorney-at-law successfully represented a major paraffin product manufacturer from China in a dispute with a Lithuanian processor regarding a EUR 1.5 million debt for delivered goods and alleged defects thereof. The court made a decision in favour of the client’s claim.
The attorney-at-law successfully represented a major paraffin product manufacturer from China in a dispute with a Lithuanian processor regarding a EUR 1.5 million debt for delivered goods and alleged defects thereof. The court made a decision in favour of the client’s claim.
The attorney-at-law successfully represented a mining company of Kazakhstan in the recognition and enforcement of a Kazakh court decision in Lithuania.
The attorney-at-law secured a victory for a metallurgical company in the recognition and enforcement of a foreign court decision in the Republic of Lithuania.
The attorney-at-law defended the head of a construction company who was accused of fraud during a police investigation. The evidence presented and well-crafted arguments led to the termination of the pre-trial investigation against the client.
The attorney-at-law successfully represented a client in an investigation conducted by the Special Investigation Service, where the client was facing allegations. The pre-trial investigation against the client was terminated.
The attorney-at-law successfully defended the client’s rights in a EUR 230 million shareholder dispute at the Vilnius Court of Commercial Arbitration, with the opponent’s claim being dismissed.
The attorney-at-law successfully represented the Republic of Lithuania at the Investment Arbitration under UNCITRAL Arbitration Rules against a Russian fund concerning the nationalization of Bankas Snoras AB, with the fund’s claim being dismissed.
The attorney-at-law successfully represented shareholders in a EUR 230 million dispute at the Vilnius Court of Commercial Arbitration, with the opponent’s claim being dismissed.
The assistant attorney-at-law secured a victory in a USD 5 million legal dispute regarding the termination of a preliminary private jet purchase and sale agreement between two aviation companies, with the court ruling in favour of the client’s claim.
The attorney-at-law secured a victory in a USD 5 million legal dispute regarding the termination of a preliminary private jet purchase and sale agreement between two aviation companies, with the court ruling in favour of the client’s claim.
The assistant attorney-at-law successfully negotiated a peaceful settlement in a dispute between insurance companies regarding a paid-out insurance claim and a recourse claim for damages of EUR 4 million, caused by a collision between an airport ground service bus and an aircraft.
The attorney-at-law successfully represented the Vilnius and Kaunas Cogeneration Power Plants in disputes with the European Commission and the Court of Justice of the European Union regarding state aid, competition, and PILOT procedures.
The attorney-at-law secured a victory in a EUR 9 million construction and concession dispute between the Kaunas City Municipality Administration and a contractor regarding the reconstruction of a transport hub in Kaunas. The court dismissed the opponent’s claim.
The assistant attorney-at-law secured a victory in a EUR 9 million construction and concession dispute between the Kaunas City Municipality Administration and a contractor regarding the reconstruction of a transport hub in Kaunas. The court dismissed the opponent’s claim.
The attorney-at-law successfully represented the Vilnius Cogeneration Power Plant in an international mediation (mediator: Bill Marsh) regarding the peaceful resolution of disputes under construction contract for a state-significant project with one of Poland’s largest construction companies, Budimex S.A.
The attorney-at-law won a dispute representing a VPN service provider in a lawsuit against a competitor regarding business reputation infringement and violation of sui generis rights to databases. The court dismissed the opponent’s claim.
The attorney-at-law won a dispute representing one of the largest retail companies in Lithuania in a case against an electricity supplier regarding the termination of an electricity supply contract and compensation for incurred losses. The court made decision in favour of the client’s claim.
The attorney-at-law successfully defended a municipality mayor in a pre-trial investigation conducted by the Special Investigation Service. The pre-trial investigation against the client was terminated.
The attorney-at-law successfully represented one of the world’s largest business review platforms in a dispute regarding business reputation infringement. The court dismissed the opponent’s claim.
The attorney-at-law represented clients who were injured in a traffic accident in a dispute with an insurance company regarding compensation for material and non-material damages. The total amount of damages awarded and compensated to the clients was EUR 155,000.
The attorney-at-law provided legal consultations to Litgas AB regarding state aid, ensuring that natural gas supply operations complied with EU state aid requirements. This process included consultations on applying state aid to the company’s strategic projects and communication with the European Commission in pilot research.
The attorney-at-law successfully represented the Kaunas Cogeneration Power Plant on state aid matters, defending against unfounded allegations of violating state aid regulations.
The attorney-at-law provided legal consultations to Production of Lithuanian Energy AB (Lith. AB “Lietuvos Energijos Gamyba”) on state aid matters, assisting the company in aligning support mechanisms with the European Commission.
The attorney-at-law secured a victory representing a freight carrier in recognizing and enforcing a ruling of London Court of International Arbitration within Lithuanian territory against the assets of a Faroe Islands company in Lithuania.
The attorney-at-law successfully negotiated a settlement agreement in a legal dispute regarding the termination of a preliminary contract concerning two major real estate objects in Vilnius Old Town and the compensation of the resulting damages.
The attorney-at-law successfully defended the interests of a foreign company and its executive, who were accused of customs fraud. The court granted a judgment of acquittal, and the company recovered over EUR 650,000. The judgment remained in force after being reviewed by courts of all instances.
The attorney-at-law successfully represented the state in a dispute against Gazprom OAO at the Stockholm Arbitration Institute regarding the reimbursement of overpaid amounts for supplied natural gas. As a result, the opposing party applied a discount on the supplied gas.
The attorney-at-law successfully represented an employee in a labour dispute against an employer regarding compensation for damages.
The assistant attorney-at-law successfully represented a natural gas system operator in a dispute with one of the largest natural gas consumers regarding transmission pricing and the fee for the provision of services in the public interest. The courts dismissed all of the natural gas consumer’s claims.
The attorney-at-law represented the Vilnius Cogeneration Power Plant project in six legal disputes of high-value and high-importance, including public procurement, land-use planning, and construction contract legal matters.
The attorney-at-law provided comprehensive legal assistance for the Vilnius Cogeneration Power Plant project, a nationally significant infrastructure project. Additionally, he represented the Kaunas Cogeneration Power Plant project on specific legal matters.
The attorney-at-law successfully represented a natural gas system operator in a dispute with one of the largest natural gas consumers regarding transmission pricing and the fee for the provision of services in the public interest. The courts dismissed all of the natural gas consumer’s claims.
The attorney-at-law defended an employee of one of Lithuania’s largest pharmaceutical companies in a pre-trial investigation where the employee was suspected of corruption-related offenses. The investigation was concluded with the client being released from criminal liability.
The attorney-at-law successfully represented the Vilnius Cogeneration Power Plant in securing a EUR 190 million loan from the European Investment Bank.
The attorney-at-law successfully represented a client in a EUR 5 million dispute arising from an agreement of purchase and sale of shares regarding breaches of contractual warranties and obligations and the damages resulting thereof. The case was heard at the Vilnius Court of Commercial Arbitration.
The attorney-at-law won a dispute representing a Lithuanian aviation company at the Stockholm Arbitration Institute against a foreign aviation company regarding the execution of an aircraft lease agreement and a partnership contract. The client’s claim was upheld.
The attorney-at-law prepared a legal study on the Iceland-UK electricity interconnection investment for the Nordur Power project, financed by Swisspower and EWB.
The attorney-at-law prepared a legal study on the Iceland-UK electricity interconnection investment for the Nordur Power project, financed by Swisspower and EWB.
The attorney-at-law successfully represented a gas transmission system operator in Lithuanian courts in a dispute regarding the Klaipėda LNG terminal fee payment.
The attorney-at-law successfully represented a gas transmission system operator in Lithuanian courts in a dispute regarding the Klaipėda LNG terminal fee payment.
The attorney-at-law represented a client in a dispute at the Vilnius Court of Commercial Arbitration between hotel co-owners concerning a shareholder conflict.
The attorney-at-law represented a client in a dispute regarding the investigation of activities of a gas company’s shareholders at the Arbitration Institute of the Stockholm Chamber of Commerce.
The attorney-at-law represented a state institution in an arbitration case concerning Serbia’s Free Trade Agreement (FTA) regarding the breach of an investment contract by a Lithuanian company.