Partner Giedrius Kolesnikovas has contributed to the seventh edition of The Restructuring Review, published by Law Business Research.
Giedrius Kolesnikovas is among other leading lawyers from 30 jurisdictions who have contributed to this publication. In addition to providing an overview of the overall restructuring situation, the author also looks at the recent changes and the future trends in the Lithuanian jurisdiction. The most significant legislative change is the appointment of the bankruptcy administrator, with the previous procedure being changed to a digitized method of appointment.
For further reading please download the Lithuanian chapter here.