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TGS Baltic advised UAB Lietuvos Energija in approving the medium-term note program, which has been upsized to EUR 1.5 billion and issuing a EUR 300 million bond issue under the program. Since 11 July 2018, the placed bonds have been admitted to trading on the Luxembourg Stock Exchange and AB Nasdaq Vilnius. It is one of the largest transactions of this kind in the Baltic States.
MoreTGS Baltic represented the respondent AB Klaipėdos nafta in dispute against UAB Rudesta. UAB Rudesta claimed from AB Klaipedos nafta for EUR 1 million payment for the additional works under the construction contract of tanks for dark oil products.
MoreTGS Baltic represented the Lithuanian Heat Suppliers Association in the investigation started by the Competition Council where allegations are raised that Lithuanian district heat suppliers are being privileged against independent heat producers by certain legal acts adopted by the energy regulator.
MoreTGS Baltic Competition team provided legal advice to ESO on several complex competition and state aid matters.
MoreTGS Baltic advised Amber Grid, AB regarding commercial and public procurement law issues regarding one of the key public procurements (steel pipes) of the GIPL project, including drafting clarifications of the tender documents and the purchase contract, evaluation of the applications and documents submitted by participants from various jurisdictions and tenders of the participants, drafting decisions of the contracting authority.
MoreTGS represented the Ignalina Nuclear Power Plant in its dispute with a former employee regarding imposing of a disciplinary sanction and dismissal. Our assistance included representation in the appellate court, evaluation of prospects of cassation, as well as preparation and submission of the appeal and cassation appeal. The case was unique due to the specifics of the sanction which could be applied in case of improper execution of working functions and duties by the managerial employee.
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.
MoreTGS Baltic has successfully represented Estonia's Hiiu County Government in administrative court in three disputes regarding spatial plans providing general conditions for establishing offshore wind farms.
MoreTGS Baltic represented BaltCap Infrastructure Fund (BInF) that signed an engineering, procurement, and construction (EPC) contract with Axis Technologies for developing a BInF-financed project – a biomass plant in Vilnius, near Gariūnai.
MoreIFLR1000 (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.
MoreTGS Baltic advised AB City Service in the sale of UAB Ecoservice, the biggest waste management company in Lithuania.
MoreTGS Baltic, together with other co-counsel, represents Lithuania's Ministry of Energy at the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in an arbitration case against OAO Gazprom regarding unfair natural gas prices applied to the Republic of Lithuania by Gazprom.
MoreTGS Baltic is the principle legal counsel for all legal matters related to the development of a liquefied natural gas (LNG) terminal by AB Klaipedos Nafta, including public procurement issues.
MoreTGS Balticrepresented the Lithuanian Ministry of Energy in a dispute before the courts of all instances regarding issues related to investigation of the gas pricing tariffs applied by the national gas company Lietuvos Dujos, controlled by OAO Gazprom, when supplying gas to Lithuania.
MoreChambers Europe, a major European legal directory, gave TGS Baltic the highest rankings in corporate/commercial, employment, competition/antitrust and energy practices in its 2013 edition.
MoreLaw firm TGS Baltic and its lawyers are ranked in top tiers in Chambers Global’s newest, 2013 edition. The edition analyzes corporate/commercial and dispute resolution practice areas in the Baltics.
MoreTGS Baltic has acted as the principal legal adviser to AB Klaipedos Nafta on a 700-million-euro project to develop a Liquefied Natural Gas (LNG) terminal, marine infrastructure and gas pipeline – Lithuania's largest strategic investment project to date.
MoreTGS Baltic successfully settled disputes regarding a 29-million-euro public procurement between LNG terminal operator Klaipedos Nafta and the competing construction companies UAB Kauno Dujotiekio Statyba and PPS Pipeline Systems GmbH. This avoided any major delay in completing a strategic Lithuanian investment project.
TGS Baltic represented Lithuania's electricity transmission system operator, Litgrid AB, in a number of complicated disputes over revenues from Public Interest Services (PIS), in public procurement disputes related to installation and modernization services for the NordBalt electricity interconnection with Sweden, and in easement disputes with landowners.
In a landmark for public procurement legal practice, TGS Baltic successfully defended Ignalina Nuclear Power Plant at the Lithuanian Supreme Court in a dispute with a contractor that asked the client to pay a price 9,000 times larger than in the initial agreement.