We successfully represented the interests of a group of companies in a dispute with a minority shareholder in the Supreme Court of Lithuania (SCL). The minority shareholder, in defence of the company’s interests, brought a claim against the group seeking to prohibit the group from carrying out transactions that allegedly threatened the company’s interests. The […]
BoostMe, a manufacturer of premium superfood blends, raised approx EUR 220 000 via crowdfunding platform Funderbeam. We advised BoostMe in drafting and negotiating the transaction documents in all phases of the transaction. Ambitious goals Products from BoostMe are designed to help people manage solutions to different health-related challenges that they face in their daily lives. […]
Recently, significant amendments to the Lithuanian Labour Code and the Law on the Legal Status of Foreigners were approved by the Parliament. These amendments will come into force once they are approved by the Lithuanian President. In this newsletter we offer an overview of the most important changes and take a look at what these […]
Latvian authorities have handed a €1m fine to Rigensis Bank for violating an array of financial crime laws, the latest direct action taken by the country as it seeks to implement a suite of legislative reforms. The Financial and Capital Market Commission (FCMC) announced on Monday it was issuing a penalty to the Riga-based institution […]
We successfully represented the main shareholder of a company in an arbitration dispute between shareholders. The dispute arose over compensation of almost EUR 400 thousand for a non-compete obligation and the possibility to change the shareholders’ agreement due to the alleged substantial inequality between the parties at the time of conclusion of the contract. These […]
