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Commercial

We draft transactional documentation necessary to create and protect the rights of our clients. Legal expertise of our law firm covers a wide range of contracts, such as purchase of goods, agency and distribution, commercial outsourcing, brokerage agreement, logistics and warehousing, outsourcing, licensing and royalty agreements, retail and franchise agreements and many other industry specific agreements. 

In particular, we specialize in offering a transactional legal advice for companies doing business internationally. We support managers in the negotiations and in-house lawyers who need support on drafting international transactions. However, we also advise international companies, when it is necessary to structure the deal and check whether their contracts comply with overriding requirements of the Lithuanian civil laws and insofar they are enforceable in Lithuania.

We advise what Lithuanian civil law provisions may not be contracted out and provide Lithuanian legal opinions on various international commercial transactions.

Areas of expertise

  • Advice on structuring of complex commercial transactions, advice on industry specific conditions precedent and subsequent
  • Contracting on standard terms, protection of adhering party
  • Assistance on the collection of KYC information
  • Transportation of goods, advice on incorporation of INCOTERMS, risk distribution
  • Tax risks in the commercial transactions, advice on tax indemnities
  • Permissible limitation of liability, exemption clauses
  • Insurance and reinsurance provisions
  • Payment terms, payment via an escrow agent, guarantees, letters of credit
  • Events of default, applicable remedies and their enforcement
  • Description and transfer of assets, warranty assignments, liability for hidden defects
  • Jurisdiction and governing law clauses
 

Šulija Partners Law Firm Vilnius, registered office Jogailos street 4, 3rd floor, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com

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