Attorney-at-law and insolvency administrator
Legal help with insolvency and restructuring in Lithuania
17 years in insolvency. More than 150 corporate and personal bankruptcy proceedings. Advice in English.
Choose your situation:
- Directors and shareholders
Personal liability in a company insolvency
The insolvency administrator or creditors claim damages, or the bankruptcy is alleged to be intentional.Read more - Creditors and administrators
Debts and assets in insolvency proceedings
An insolvent company has not paid you, or transactions need to be challenged and assets recovered.Read more - Companies in difficulty
Company restructuring
The business is viable, but debts get in the way. Plan, negotiations with creditors, court.Read more - Individuals
Personal bankruptcy
You can no longer repay your debts and are considering bankruptcy. Whether it suits you and what it means.Read more
For clients outside Lithuania
Your representative in Lithuania
Foreign companies usually need a lawyer in Lithuania for one of two reasons: a Lithuanian customer or partner has stopped paying, or the debtor is already in insolvency or restructuring proceedings. In both cases deadlines are short and the proceedings run in Lithuanian.
We act for you in dealings with the debtor, in court, before the bailiff and the insolvency administrator, and at creditors' meetings, and report to you in English.
- Recovering debts from Lithuanian companies
- Lodging and defending claims in insolvency proceedings
- Representing creditors when a Lithuanian debtor restructures
- Restructuring Lithuanian subsidiaries of foreign groups
- Defending foreign directors and shareholders against liability claims
About
Tadas Ugintas, attorney-at-law and insolvency administrator
Tadas Ugintas has worked in insolvency for 17 years. Acting for insolvent companies and their creditors, former directors and individuals, he has taken part in more than 150 corporate and personal bankruptcy proceedings.
As an insolvency administrator, he knows the process from both sides. He is the managing partner of NORDEN legal, a full-service law firm in Vilnius, and leads its insolvency and restructuring practice.
More about the lawyerInsights
All insights
ArticleRestructuringCompany restructuring in Lithuania: when can it help avoid bankruptcy?When can restructuring help a Lithuanian company avoid bankruptcy? Viability, the procedure, the plan, creditor voting and what it means for foreign creditors.
ArticleDirectorsAn insolvency administrator has sued a former director: why it pays not to waitAn insolvency administrator's claim against a former director of a Lithuanian company can lead to personal liability. The risks, and why acting early matters.
ArticleDirectorsDirector liability when a Lithuanian company goes bankruptWhen can a director become personally liable for a Lithuanian company's insolvency? The grounds for liability, how damage is assessed and how to defend.Describe your situation
Briefly describe what has happened and we will get back to you.
- Phone
- +370 687 42820
- Address
- NORDEN legal, Konstitucijos pr. 26, Vilnius, Lithuania