30 Jun 2011
On 16 June 2011 the Law amending Article 172-2 of the Administrative Code (Administracinių teisės pažeidimų kodeksas) was adopted. The new regulation sanctions the non-delivery of legal entity’s annual report to the Register of Legal Persons. This law is related the recently amended Article 12 of the Law on Public Organisations. This Article sets forth an obligation to submit the annual report to the Register of Legal Person and to publish it on the website of the public organization. The new law is scheduled to come in force as of 1 November 2011.
2 Sep 2026
When a Compliance Review Becomes a Prolonged Restriction on Access to Funds: Legal Challenges, Financial Consequences and the Limits of Financial Institutions’ Powers
31 May 2026
Unexpected account restrictions, frozen funds, payment blocks and customer offboarding decisions by financial institutions can have serious consequences for both individuals and businesses
20 May 2026
The law firm acted as lead advisor in the multi-jurisdictional transaction involving the Bombardier Global XRS business jet
15 May 2026
Šulija & Partners acted as Lithuanian local counsel in connection with a cross-border aviation ABS refinancing transaction involving two Boeing 737 aircraft
Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com
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