Dispute Resolution

Litigation & Arbitration Dispute Resolution

“TGS Baltic is a go-to firm for complex civil and administrative disputes.” The team “has an excellent track record” and “invariably provides superb quality work.” 

Disputes are when other legal advice and contracts come to test. We will stand for your interests in complex litigation proceedings or significant debt recoveries.

Dispute resolution is one of the key practices of the firm. We assist clients in a wide variety of business and trade-related litigation at courts of all jurisdictions. We actively develop litigation strategies and pursue the interests of our clients in even the most complicated cases.

Long a cornerstone of TGS Baltic's work, in recent years our dispute resolution practice has further grown considerably. To date the team has handled over 1,000 court and arbitration cases with a total value of some EUR 2 billion.

Major Deals

  • 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.

  • 05.01.2023

    Exceptional victory: we have won a case against the Bank of Lithuania in courts of all instances, representing Orion Asset Management

    We represented one of the oldest asset management companies in Lithuania, Orion Asset Management, in a case concerning a fine of EUR 40,000 imposed by the Supervision Service of the Bank of Lithuania.

  • 30.12.2022

    Big win in court representing the largest Lithuanian capital bank Šiaulių bankas in three-year-long proceedings regarding the imposition of the biggest AML fine in the banking sector

    TGS Baltic attorneys Žygimantas Stankevičius, Tadas Varapnickas and assistant attorney Eglė Masytė successfully defended the interests of Šiaulių bankas in an administrative case against the Bank of Lithuania regarding a fine imposed by the Bank of Lithuania.

  • 16.08.2022

    TGS Baltic has received a positive verdict in the damage recovery case against SIA VELVE – member of the “construction companies’ cartel”.

    TGS Baltic, representing the interests of the municipality of the city of Riga, has received a positive decision  of the first instance court in the proceedings against SIA VELVE - a member of the “construction companies’ cartel”.

  • 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.

  • 01.07.2022

    Snoras bank's insolvency administrator has signed a 105-million-euro settlement agreement with the Swiss bank Julius Baer

    TGS Baltic’s team assisted Snoras Bank’s insolvency administrator in reaching a settlement agreement with Swiss bank Julius Baer. The agreement which has been signed states that Julius Baer & Co Ltd will pay BAB Bankas Snoras EUR 105 million.


Awards & Recognition

  • Chambers and Partners

    "Clients are happy with the team’s service and approach, with one source stating: 'They have a very strong team [with] outstanding capacity to cover large-scale and very complex disputes, as well as to react promptly and immediately whenever it is necessary'."

    Chambers and Partners
  • Chambers and Partners

    "A broad dispute resolution practice, representing clients in competition, construction, employment, and white-collar crime cases. Observers are particularly impressed with the strong arguments the team puts forward in court.”

    Chambers and Partners
  • Chambers and Partners

    The TGS Baltic team "deliver sophisticated judgment, technical excellence, creative solutions and vast market knowledge to each transaction entrusted to them.”

    Chambers and Partners


Key Contacts