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Dr. Justinas Jarusevičius

When sanctions freeze the contract: who bears the loss?

22 October 2026

When EU sanctions make it unlawful to perform a contract, someone has to absorb the cost. Over the past year, Lithuanian courts have given a fairly clear answer as to who that is. In an article for the International Bar Association’s Litigation Committee Newsletter, Justinas Jarusevičius examines this line of case law and its implications for businesses dealing with counterparties exposed to sanctions.

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Henrikas Stelmokaitis,

Kotryna Dijokevičiūtė

Unclear fee clauses can be voided: what Lithuania’s first P2B ruling means for platforms

22 September 2026

Lithuania's Competition Council has ruled, for the first time, that a booking platform's fee clause was too vague to be enforceable and ordered it rewritten within two months. No fine was imposed, but the case sets the bar for what “plain and intelligible” actually means for any platform that charges business users variable or conditional fees.

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Darius Amšiejus

Company Law Reform 2026 in Lithuania: key changes

21 August 2026

On 30 June 2025, the Lithuanian Parliament adopted a major package of amendments to the Law on Companies (Akcinių bendrovių įstatymas, ABĮ). The amendments have been in force since 1 July 2026.

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Dmitrijus Mačiuginas

Disputes over the recovery of EU funds: are beneficiaries bound to lose?

11 August 2026

European Union (EU) funding has long since become a routine element in the financing of Lithuanian business and of the public sector. The subject is usually discussed in positive terms: how much has been allocated, which projects have been financed, what opportunities this opens up for business.

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Dr. Justinas Jarusevičius

FinTech disputes in Lithuania: regulatory and client risks

16 July 2026

Lithuania is an important EU jurisdiction for Electronic Money Institution (EMI) and Payment Institution (PI) licensing. An EMI or PI license may support access to the European market, but it also brings continuous supervision, AML/KYC duties, safeguarding rules, and consumer protection expectations.

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Gabrielius Matonis

Starting bankruptcy proceedings in Lithuania: what businesses should know?

11 June 2026

When a company starts missing payments, it does not automatically become a bankruptcy matter. Temporary liquidity issues or creditor negotiations may still be manageable, but once financial difficulties reach a legal threshold, management must assess whether formal action is required.

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Agnė Streckė

Public procurement disputes in Lithuania: why suppliers lose tenders?

19 May 2026

A public tender in Lithuania can offer strong commercial opportunities, but a competitive offer may still be rejected if it fails to meet formal, qualification, technical, or procedural requirements.

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