Eglė Masytė

Eglė Masytė

Associate
Vilnius, Lithuania
  • About

    Eglė Masytė is an Associate at TGS Baltic in a Dispute Resolution team. Also, Eglė specializes in International Commercial Arbitration – in 2018 completed the Summer Course on International Commercial Arbitration organized by the ICC International Court of Arbitration (Paris). In 2019 participated at the Willem C. Vis International Commercial Arbitration Moot (Vienna) as well as completed the International Academy for Arbitration Law (Paris). Eglė holds a master’s degree in commercial law (her thesis in topic “Third-Party Funding in International Commercial Arbitration” was nominated for the best master’s thesis award).

    Eglė has experience in representing clients’ interests in complex shareholders’ disputes, disputes related to the managements’ liability, indemnification, forced sale of shares proceedings, investigation of a legal person’s activities, annulment of arbitral award proceedings, construction disputes, disputes related to unfair competition, contractual disputes, public procurement proceedings.

  • Major Projects
    • Participates in representation and drafts procedural documents for Maxima Group, UAB and Franmax, UAB in a civil case

      Participates in representation and drafts procedural documents for Maxima Group, UAB and Franmax, UAB in a civil case regarding unlawful misappropriation of the Maxima trade concept and unfair use of its business plans in Belarus, unlawful misappropriation the information, which constitutes a trade secret and intellectual property as well as highly sensitive data. The amount claimed is EUR 261 million.

    • Prepares procedural documents and participates in representation of AB Aksa

      Prepares procedural documents and participates in representation of AB Aksa in complex civil disputes before courts of all instances regarding the management civil liability matters, cases regarding the bailiff actions and other matters.

    • Represents AB SEB bankas in a case where the subject matter is recovery of damages due to the unlawful control of assets

      Represents AB SEB bankas in a case where the subject matter is recovery of damages due to the unlawful control of assets (real estate). The questions of applicability of the piercing the corporate veil doctrine, the management civil liability arise.

    • Prepared procedural documents for UAB Kėdainių aruodai

      Prepared procedural documents for UAB Kėdainių aruodai in a case regarding the compensation of more than EUR 1 million damages resulting from the unlawful actions of the manager of the company.

    • Represents AB Šiaulių bankas in the administrative case

      Represents AB Šiaulių bankas in the administrative case regarding the sanction applied by the Bank of Lithuania – a fine of EUR 880 000 for violation of money laundering and terrorist financing prevention requirements.

    • Successfully participated in representation of one of the largest infrastructure companies in Italy

      Successfully participated in representation of one of the largest infrastructure companies in Italy in annulment of arbitral award proceedings with one of Lithuania’s municipalities.

    • Represents AB Lietuvos geležinkeliai in a construction dispute

      Represents AB Lietuvos geležinkeliai in a construction dispute related to the compensation of losses. The case deals with analyse of the technical documentation of the project, issues of risk allocation between the parties, and interpretation of the terms of the contract.

    • Participates in representation AB Lietuvos geležinkeliai in a construction dispute

      Participates in representation AB Lietuvos geležinkeliai in a construction dispute regarding the recognition of works as additional and a debt of almost EUR 3 million. The case involves analysis of contract and FIDIC terms, risk allocation.

    • Participates in representation Alytus City Municipality Administration in the construction dispute

      Participates in representation Alytus City Municipality Administration in the construction dispute regarding the difference between the contract price and the price of the replacement transaction. The case deals with issues related to defects in contract work and poorly prepared technical documentation.

    • Prepared procedural documents for UAB Magirnis in a construction dispute

      Prepared procedural documents for UAB Magirnis in a construction dispute regarding the award of debt for additional work.

    • Participates in representation UAB ICECO Assets in the cassation process

      Participates in representation UAB ICECO Assets in the cassation process regarding the compensation of EUR 1 million damages resulting from the unfair competition. The case analyses issues like protection of trade secrets and employees raiding.

    • Prepared procedural documents for UAB Darnus verslas in a civil dispute

      Prepared procedural documents for UAB Darnus verslas in a civil dispute regarding the unfair competition, unlawful disclosure and use of confidential information and compensation of damages.

    • Prepared procedural documents for UAB GlassBaltic

      Prepared procedural documents for UAB GlassBaltic in a civil dispute regarding the unfair competition, including claims on illicit solicitation of customers, employees raiding, compensation for damages.

    • Participates in representing clients’ interest in a shareholders’ dispute

      Participates in representing clients’ interest in a shareholders’ dispute – forced sale of shares, in disputes related to the annulment of decisions of the general meeting of shareholders.

    • Participates in representing clients’ interest in a shareholders’ dispute

      Participates in representing clients’ interest in a shareholders’ dispute – investigation of a legal person’s activities, administrative cases of failure to provide shareholder information, etc.

    • Prepared procedural documents for AB Klaipėdos nafta

      Prepared procedural documents for AB Klaipėdos nafta in a civil dispute regarding the compensation for damages after establishment of land servitudes.

    • Assisted in preparing procedural documents for BAB Ūkio bankas

      Assisted in preparing procedural documents for BAB Ūkio bankas in a civil dispute regarding the compensation for damages.

    • Prepared procedural documents for a client in the annulment of arbitral award proceedings.

    • Successfully assisted in representing clients’ interest in the cassation process

      Successfully assisted in representing clients’ interest in the cassation process regarding the adjudication of loss of income from the Republic of Lithuania after the event of impairment of health.

    • Assisted in representing and prepared procedural documents for AB Panevėžio stiklas

      Assisted in representing and prepared procedural documents for AB Panevėžio stiklas in a dispute on quality standards of production, compensation for damages.

    • Contributed to providing consultation to UAB EPSO-G

      Contributed to providing consultation to UAB EPSO-G in implementing good corporate governance practices in a controlled group of companies.

    • Contributed to the preparation of a study for the European Commission on the protection of minority shareholders' rights.

  • CV

    Professional career

    Since 2020
    Associate, Attorney Assistant at law firm TGS Baltic
    2019-2020
    Junior Associate, Attorney Assistant at law firm TGS Baltic
    2015 – 2019
    Legal Assistant at law firm TGS Baltic

    Education

    2019
    Vilnius University Faculty of Law, Master of Law
    2019
    International Academy for Arbitration Law, Paris
    2019
    Willem C. Vis International Commercial Arbitration Moot, Vienna
    2018
    Summer Course on International Commercial Arbitration organized by the ICC International Court of Arbitration, Paris
    2018
    Ghent University, Belgium

    Membership

    Young-ICCA (International Council for Commercial Arbitration)
  • Publications
    • Disclosure of the Third-Party Funding fact in the International Commercial Arbitration as a mean of managing potential conflicts of interest - Arbitražas: teorija ir praktika, 2019
    • Article on summer law schools - co-author, Arbitration.ru No. 8 (12) (2019)
    • Did the court reasonably hold that arbitration agreement requires a notarial form? - teisė.pro, 2018