Represented one of the biggest companies engaged in the agricultural sector

Our team has represented a significant player in the agricultural sector before Vilnius Regional Administrative Court regarding decision of the Competition Council. The latter has fined the client due to an alleged unlawful concentration.

The main issue of the case is whether a share purchase agreement can be signed without prior notification of the Competition Council of a forthcoming concentration and whether a situation, when a case of insolvency is initiated in respect of an entity to be acquired, has any effect on assessment of the concentration.