LEADELL Balciunas ir Grajauskas has notable specialisms assisting insolvent credit unions through bankruptcy proceedings and portfolio transactions as well as representing several leading banks on a range of loan disputes. Further, the practice has also seen a number of further highlights involving electronic money institutions as well as assisting on the acquisition of a company developing an onshore wind farm. With former experience in-house at major financial institutions, Marius Grajauskas is highly experienced on loan transactions and debt recovery, among his broader specialisms in arbitration. Gintaras Balciunas is another well-respected financial litigator having served as a former Minister of Justice, while Lina Balciune is noted for her anti-money laundering expertise. Jurgita Najulyte is also mentioned for her AML compliance for banks and fintechs.
Key clients
- “Nacionalinė kredito unija”
- “Laikinosios sostinės kreditas”
Work highlights
- Representing the interests of several insolvent credit unions which act under the provision of the Financial Supervision Authority of the Republic of Lithuania, in the process of the loan portfolios transactions, while in addition defending the Client’s best interests in courts.
- Advising and representing Danske Bank A/S Lithuanian Branch in a dispute concerning legal claims related to the regulation of the procedure, terms, and conditions for the opening of a bank account.