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Financing

25 Nov 2020

The law firm has advised a Cypriot company Airhub Aviation Limited and a local airline UAB “GetJet Airlines” on the financing of 2 Diamond DA40NG and 1 Diamond DA42-VI aircraft and 1 Diamond Convertible Flight Simulator provided by Apple Bank for Savings, a stock-form savings bank chartered under the Banking Law of the State of New York, USA. 

The firm advised the borrower on the loan agreement and supporting documents, negotiated and drafted a mortgage agreement under Lithuanian law securing the financing provided by client pledging the aforementioned 3 aircraft registered in Lithuania and 1 flight simulator under local Lithuanian law, advised on the guarantee and all other related matters. The value of the matter exceeded EUR 2,000,000.

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Highlights

Litigation

13 Nov 2023

The law firm has successfully represented the client at the Klaipėda Regional Court in a case where damages were awarded to the client in relation to the annulment of an Option Agreement.

Protection of creditors' rights in the downfall of a Lithuanian fintech company

11 Nov 2023

As one of the Lithuanian players of the fintech sector undergoes bankruptcy proceedings, the law firm representing creditors closely monitors the situation at UAB "PAYRNET" to secure their rights and recoup losses

Disputes resolution

21 Jun 2023

Successful representation at the Supreme Court of Lithuania on recognition and enforcement of Russian court rulings in Lithuania

International recognition - Dispute resolution

12 Apr 2023

The law firm Šulija Partners Law Firm Vilnius has been listed as one the leading law firms Dispute Resolutions practice area

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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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