
WALLESS‘s banking and finance team has extensive knowledge and experience throughout the market. The team is well-versed in handling issues regarding commercial lending, refinancing, and loan portfolio transfers, as well as the restructuring of financial institutions and regulatory-driven M&A transactions. The practice represents both banks and borrowers in a range of projects, including renewable energy projects, commercial real estate developments, and aircraft acquisitions. Leading this knowledgeable team is Joana Baublyte-Kulviete, who brings particular expertise in financing transactions, funds, and fintech work, with a recent focus on expanding the financial regulatory and fintech service line at the firm.
Key clients
- European Bank for Reconstruction and Development
- Siauliu Bankas
- Swedbank Lithuania
- BayernLB
- Ignitis group
- Modus Asset Management
- Capitalica Asset Management
- Vilniaus Baldai
- INVL Bridge Finance Fund
- 1 Asset Management
Work highlights
- Advised Siauliu Bankas on the merger with Invalda INVL.
- Advised Ignitis Renewables on signing a financing agreement for the Mazeikiai onshore wind farm with the European Investment Bank and the Nordic Investment Bank.
- Advised Siauliu Bankas on completing a 10-year subordinated bond issue with a nominal value of EUR50m in the international financial markets.
Lawyers

Practice head
The lawyer(s) leading their teams.
Joana Baublyte-Kulviete