Banks and other financial institutions to postpone credit duties to businesses and individuals
There are no force majeure circumstances which could be applied to all business relationships universally.
KPMG Law has won a territory planning dispute in the Supreme Administrative Court of Lithuania on December 2019.
KPMG Law provided legal assistance to SME Credit in a project of 20 mln. euros investment from the South Korea trust fund. SME Credit belongs to SME group of companies, also including SME Finance, SME Capital and others. SME group operates in a non-banking financing sector and provides factoring services to their clients.
KPMG Law has successfully represented the client before the European Court of Human Rights against the Republic of Lithuania.
KPMG Law advised in the acquisition of controlling block of shares from a major shareholder of Autokurtas UAB. The transaction was structured as a management buy-out (MBO) combined with attracting of a new major investor.
KPMG Law has successfully represented the creditor against the unfair debtor who was hiding its assets under the ownership of the related persons.