As of 6 April 2020 it is possible to attest notarial acts remotely via digitised notarial services (remote attestation), which was initially planned as a pilot project in Estonian foreign representations. A format for attesting notarial acts has been added to the traditional format whereby a party to the act to be attested had to personally visit […]
We advised Orkela, part of investment management company Lords LB Asset Management, on a project for conversion of the former Šv. Jokūbo hospital in Vilnius city centre. The complex, called Vasario 16 kompleksas and spreading across 16,000 m2, will house a hotel with conference centre, as well as restaurants, cafes, shops and administrative buildings. Orkela […]
The work stoppage due to the raging pandemic in Europe has created tax risks for Baltic construction companies active abroad because their commercial revenue might be taxed there instead of their home country. Why is it important that activity on a construction site lasts less or more than 6 months? Many Baltic contractors operate on […]
We represented “YIT LATVIJA” (“YIT”), part of the YIT Group – a major construction company in Northern Europe and the largest in Finland – in a dispute over the legality of a construction permit issued to YIT. Essence of the dispute In this matter, more than 40 applicants challenged a construction permit issued to YIT […]
On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]
