Deals and cases

Deals and cases

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  • 02.05.2023

    TGS Baltic advised Ignitis Group on EUR 225 million multi-option facility agreement with MUFG Bank

    The energy company Ignitis Group concludes a financing agreement with the European division of the largest Japanese bank MUFG.

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  • 13.01.2023

    TGS Baltic arbitration team won a case before the Vilnius Court of Commercial Arbitration

    Our client has recently won in an arbitration case administered by the Vilnius Court of Commercial Arbitration. The client was represented in this arbitration by our arbitration team consisting of Dr. Tadas Varapnickas, Žydrūnė Stuglytė, Lukas Radzevičius, Beatričė Stiopinaitė, and Emilija Valentinaitė.

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  • 10.08.2022

    TGS Baltic has won a case in Stockholm arbitration: we represented the Vilnius CHP in a dispute with a biomass unit contractor

    TGS Baltic has successfully defended interests of its client Vilnius CHP and has won in the arbitration case against Polish boiler maker Rafako – the contractor was admitted to be at fault for delay in the biomass unit construction.

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  • 08.04.2021

    TGS Baltic successfully represented a New York State company before the Supreme Court of Lithuania

    TGS Baltic team successfully represented a New York State company before the Supreme Court of Lithuania in a landmark decision annulling the arbitral award on public policy ground.

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  • 24.08.2020

    We successfully represented Finnish subsidiary of Canadian stock exchange company in the Arbitration Court of Estonian Chamber of Commerce and Industry

    Arbitration Court of Estonian Chamber of Commerce and Industry dismisses all claims against Finnish subsidiary of Canadian stock exchange company represented by TGS Baltic.

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  • 29.06.2020

    TGS Baltic successfully represented the Anti-Doping Bureau of Latvia in the Court of Arbitration for Sport.

    TGS Baltic Partner Agnese Hartpenga represented the Anti-Doping Bureau of Latvia in the Court of Arbitration for Sport with respect to case CAS 2019/A/6328.

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  • 02.07.2019

    TGS Baltic team successfully represented leading Italian company in the field of infrastructures, technological systems and services

    TGS Baltic team successfully represented one of the largest infrastructure companies in Italy in arbitration proceedings under the Rules of Arbitration of the Vilnius Court of Commercial Arbitration in a dispute with one of Lithuania’s municipalities regarding the breach of a contract and predetermined damages. 

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  • 22.05.2019

    TGS Baltic continuously and extensively assists TV Play Baltics in interactions with regulators

    TGS Baltic team is continuously and extensively assisting AS TV Play Baltics (the biggest satellite TV service provider in the Baltic States) in interactions with regulatory authorities (mostly the Lithuanian Radio and Television Commission). The matters include discussions with the authorities on the nature of cross-border satellite TV services and regulation based on the EU legal framework.

     

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  • 22.05.2019

    TGS Baltic assists Bitė Lietuva

    TGS Baltic assists Bitė Lietuva in a dispute initiated by a virtual mobile network operator regarding allegedly incorrect application of the EU roaming legislation and calculation of roaming tariffs. The claimant alleges that it overpaid the roaming charges in the amount of approx. EUR 0.4 million.

     

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  • 22.05.2019

    TGS Baltic represents Lithuanian Radio and Television – the country's only national public broadcaster

    TGS Baltic is representing the national TV broadcaster in a legal dispute with a software development company for creation and development of the content management system for Video on Demand services that the national broadcaster is providing for free to all its viewers. 

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  • 20.05.2019

    Transfer of Vilnius City heating infrastructure

    In 2002, AB Vilniaus Šilumos Tinklai leased the heat and electricity production infrastructure of Vilnius City to UAB Vilniaus Energija for a period of 15 years. The leased infrastructure consisted of several power plants and all supporting infrastructure.

     

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  • 20.05.2019

    TGS Baltic represents the Ministry of Energy of the Republic of Lithuania

    In January 2016, Veolia Environnement S.A. (a company based in France) and other claimants brought a claim against the Republic of Lithuania in the International Centre for Settlement of Investment Disputes (ICSID) in Washington, D. C. This is only the second time when the Republic of Lithuania has been brought to the ICSID as a defendant.

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  • 20.05.2019

    Vilnius street lighting system renovation

    The Vilnius city municipality signed a public-private partnership (PPP) agreement for the modernization of the city’s street lighting. The principal investment was to comprise the replacement of existing street, pedestrian crossing and tunnel light fixtures with new light emitting diodes (LED) and the implementation of a new remote control and adjustment system.

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  • 20.05.2019

    TGS Baltic represents the clients in the ongoing dispute against UAB Litesko

    In 2001, the Alytus City Municipality and company controlled by it UAB Alytaus šilumos tinklai leased the heat production infrastructure of Alytus city to UAB Litesko for a period of 15 years and assigned the heat and hot water supply activity in the respective territory to the lessee. In 2005, the parties agreed to extend the lease agreements for ten years, i.e. for the period until 2026. In 2007, the parties agreed on additional investments into a biofuel plant.

     

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  • 21.01.2019

    TGS Baltic's team successfully defended Bank Snoras

    TGS Baltic together with the prominent Austrian law firm Graf & Pitkowitz Rechtsanwälte successfully defended Bank Snoras before the Vienna International Arbitral Centre (VIAC) in a complex declaratory relief claim sought by another major Austrian bank. Arbitration comprised issues of applicable law, AML regulations, back-to-back loan agreements, requirements for financial institutions and difficult jurisdictional issues. After a two-year legal battle, on 21 January 2019, VIAC arbitral tribunal rendered a decision in favor of Snoras, dismissing the declaratory relief sought by the claimant. TGS Baltic was the leading counsel of the arbitration.

  • 16.10.2018

    TGS Baltic team successfully represented UAB Versina in an arbitration dispute with Atzwanger S.P.A.

    TGS Baltic team successfully represented one of the largest construction services companies in Lithuania UAB Versina in arbitration proceedings under the Rules of Arbitration of the Vilnius Court of Commercial Arbitration in disputes with the Italian subcontractor Atzwanger S.P.A. regarding additional costs incurred by the latter.

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  • 31.12.2017

    TGS Baltic advised LRT (National Broadcaster of Lithuania)

    TGS Baltic advised LRT, a national broadcaster on acquisition of new content management system and software for its webpage and media archive, that now is accessible via the internet and other all content broadcasted by two channels LRT and LRT KULTURA as well as other original content. The matter related to the consultations of structuring of the transaction, IP acquisition matters, publishing matters in the internet and other.

  • 08.12.2017

    Infrastructure-related SCC arbitration between the Latvian company AS BMGS and AB Klaipėdos nafta regarding the EPC contract

    AB Klaipėdos nafta was responsible for and successfully implemented the challenging project for the construction of the Liquefied Natural Gas Terminal (LNG Terminal). Due to dependence on the sole source of supply of natural gas and risks associated with it, Lithuania needed to develop infrastructure, which would enable alternative supply of natural gas. The LNG Terminal was the most appropriate type of infrastructure, ensuring the opening of the natural gas market and security of supply of natural gas to Lithuania.

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  • 31.08.2016

    TGS Baltic assisted Modern Times Group (MTG) in launching innovative and modern video-on-demand service Viaplay

    TGS Baltic assisted MTG in launching innovative and modern video-on-demand service Viaplay. The launch was simultaneous in all the three Baltic States, a lot of coordination and team work was required in order to successfully meet the launch date and address all regulatory issues. It was the first of such type, subscription-based service in Lithuania, therefore a lot of issues had to be handled with regulatory authorities.

  • 26.11.2014

    TGS Baltic receives continuing high rankings from IFLR1000 in Baltic countries

    IFLR1000 (International Financial Law Review) is the guide of world’s leading financial law firms. The guide analysis and ranks more than 120 jurisdictions in the world.

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