Europe - Lithuania

Sorainen

More informationMore information

The ‘top quality’ practice at Sorainen remains a prominent player in sustainable energy sector transactions and financings, with other core areas of expertise in bond and eurobond mandates. Moreover, the team also provides advice on innovative financial services such as crowdfunding, as well as support on ESG compliance. Key to this is co-head Tomas Kontautas who has a strong record in regulatory cases across the banking, fintech, and ESG landscapes. Co-head Augustas Klezys is highly experienced on transactions and derivatives;, while Other key names include Agnė Sovaitė  on M&A financing and Vitalija Impolevičienė on ESG, finance and insurance regulation. Lina Aleknaitė-van der Molen joined the team from Cobalt in the latter half of 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Practice is briliant, team is business orientated, suggests flexible business- orientated solutions.’

  • ‘Flexibility, availability and the capacity to engage in vastly different projects at an international level.’

  • ‘Sorainen Banking and Insurance team provides top quality legal services. They listen to client needs and propose concrete plan how to tackle the problem with possible outcomes. We like their direct approach.’

  • ‘The speed of cooperation and quality of responses we get. The polite yet very warm communication.’

  • ‘Experience, competence, speed of reaction, friendly approach, being open. I really appreciate cooperation with Augustas Klezys, best recommendations.’

  • ‘High level of knowledge. Understanding of client's issues.’

  • ‘Pragmatic and efficient.’

  • ‘Augustas Kleizys is calm and sharp in trying to find individual-designed legal solutions for clients.’

Key clients

  • Orion Leasing
  • RGREEN INVEST
  • INVL group
  • Deutsche Bank
  • The MUFG Bank of Japan
  • Citi and Societe Generale
  • Luminor Bank
  • Nordic Investment bank and Citadele Banka
  • Citadele Banka
  • Legal Balance
  • Baltic Mill

Work highlights

  • Acted as a lead counsel to INVL group in signing the deal with Šiaulių Bankas (both listed entities) on merging their retail businesses.
  • Represented banks-dealers in Lithuania’s issuance of a new 10-year Eurobond. Lithuania borrowed EUR 1.25 billion in international capital markets.
  • Assisted Orion Leasing, a leasing company for businesses, in signing a guarantee agreement with the European Investment Fund under the new InvestEU Programme for EUR 52.8 million in new financing in the form of leasing contracts and microloans.

Lawyers

Leading individuals

Tomas Kontautas

Tomas Kontautas

Sorainen

Partner and Head of the Finance & Insurance in Lithuania. Although my passion is insurance law, over the years I have also developed a strong banking regulatory profile while dealing with complex regulatory matters of traditional financial market players and the fintech industry. The regulatory world is dynamic, always related to the bigger picture – transactions, competition law, disputes, government relations. I am happy to navigate clients through all these fields.

Next Generation Partners

Augustas Klezys

Augustas Klezys

Sorainen

As a partner with the firm’s Finance & Insurance team and a business sector enthusiast, all my energy goes into providing cross-practice advice to financial sector companies.

Practice head

The lawyer(s) leading their teams.

Tomas Kontautas, Augustas Klezys

Other key lawyers

Agnė Sovaitė, Vitalija Impolevičienė, Lina Aleknaitė-van der Molen