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Successfully representing a group of former shareholders of Stora Enso Timber (formerly AS Sylvester) in the largest tax dispute in the Baltic States.
MoreTGS Baltic advised Enterprise Investors in sale of Novaturas, the largest tour operator in the Baltic States, held by it. Polish Enterprise Fund VI (PEF VI), a private equity fund, managed by Enterprise Investors, and minor shareholders signed an agreement with Itaka Holdings, the largest tour operator in Poland and the most important tour operator in the Central and East Europe.
MoreThis study was required under Article 27 of Regulation (EC) No. 593/2008 of the European Parliament and of the Council of 17 June 2008 on the law applicable to contractual obligations (Rome I) in order to consider possible changes to the said regulation.
MoreTGS Baltic has successfully represented interests of a clinic providing private gynaecology services in litigation against the State Tax Inspectorate (the STI) after the latter ordered to prepare patients’ health files for a period of 3 years for tax inspection purposes. Objecting to such an order, the clinic addressed the court, requesting to cancel the order of the STI
MoreAssisted the European Investment Bank in implementing the EUR 227 million JESSICA Holding Fund.
TGS counselled the client with regard to preparation for implementation of the new Labour Code and formation of a Work Council. Also, TGS counsels the client on various employment law matters (such as employee remuneration issues, conclusion of non-competition and confidentiality agreements, introduction of part-time work, incentives, redundancy, compensation for business trips, etc.).
TGS Baltic provided detailed consultations to a Scandinavian capital bank on issues relating to compliance with legislation on personal data protection. The consultations included the preparation of documents, the application of international level documents of the group of companies to the companies of the group operating in Lithuania and other issues.
TGS Baltic provided detailed consultations to a postal and universal service provider on issues relating to the implementation of the GDPR compliance action plan in companies of the Lithuanian Post group. The consultations included the preparation of documents, assistance in changing business processes and other issues.
TGS Baltic performed comprehensive evaluation of the GDPR conformity: reviewed and checked business processes in the company, prepared a particularly detailed report and an action plan. In the further course of the project, detailed consultations were provided in connection with implementation of the action plan and preparation and adaptation of necessary documents. Implementation of the project required specific knowledge in the field subject to strict regulation – regulation of provision of health care services.
TGS Baltic provides consultations related to the fine imposed by the State Data Protection Inspectorate, it assisted in complaining about the decision of the State Data Protection Inspectorate and represents the Company in the ongoing litigation. TGS Baltic also helped the Company to get ready for the GDPR: evaluated processes, prepared documents, agreements with service providers and presented conclusions and proposed improvements.
Since 2005 TGS Baltic, as the sole legal advisor to the largest Baltic wind farm developer 4energia, has advised the client on all legal aspects regarding development of multiple wind power parks in Western Lithuania.
MoreAdvising the leading independent main financial services provider in the Baltics, Luminor (Nordea Bank Finland Plc Estonian branch), as a creditor in a bankruptcy proceeding.