Multi-Jurisdictional Business Jet Sales Transactions
20 May 2026
The law firm acted as lead advisor in the multi-jurisdictional transaction involving the Bombardier Global XRS business jet
- Corporate and M&A
- Commercial
- Dispute resolution
- Taxation
-
Employment and Freelancing
- Employment agreements
- Outward and inward secondment
- Accidents at work and claims to an employer
- Stock option plans and other benefits
- Non-compete, non-solicitation and confidentiality
- Labour misconduct, penalties, warning procedures
- Removal of managers
- Employment of foreign nationals
- Immigration into Lithuania: TRPs, and visas
- Administrative Law
- FinTech and Licensing
-
Corporate Criminal Litigation
- Fraud offences
- Illegal and negligent commercial activity
- Crimes against consumers' interests
- Tax evasion and improper accountancy
- Crimes related to illegal cash operations
- Criminal bankruptcy
- Bribery crimes, abuse of trust
- Criminal liability of corporations
- Extradition and European Arrest Warrant
- Collection of evidence for foreign proceedings
Debt recovery proceedings
2 May 2016
On 12 April 2016 the District Court of Klaipeda passed a default judgment upholding the claim of a foreign creditor represented by our Law Firm and ruled that our client shall recover the amount of US $ 266 873,77 (2 062 669,49 euro) from the debtor and its surety.
After due consideration of arguments and evidences brought before the court by the Law Firm the District Court of Klaipeda found that the debtor has in fact breached the contract and thus shall be jointly liable for such breach with its surety and shall pay the creditor the full amount of the debt, interest and penalty.
The Law Firm continues its well-established practice of defending actively the interests of foreign clients in Lithuania in debt recovery and related proceedings.
Highlights
Fintech Account Restrictions, Frozen Funds and Digital Banking Disputes
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
Cross-Border Refinancing of Boeing 737 Aircraft
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
Legal Assistance for Frozen Accounts and Compliance Disputes
12 May 2026
Recent Regulatory and Practical Developments Relating to Fintech Account Restrictions, KYB Escalations and Customer Offboarding Practices
Related professionals
Vytautas Šulija
Vytautas@SulijaPartners.com
Tel. 370 52 055 116
Related practices
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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+37052055116
Info@SulijaPartners.com