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Articles on Lithuanian insolvency and restructuring law. More articles and case reports are available in the Lithuanian version of the site.
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.
ArticleDirectorsShareholder liability when a Lithuanian company goes bankruptA shareholder's liability for a company's insolvency depends on when he or she knew or should have known of it. A Supreme Court of Lithuania ruling explained.Have a question about your case?
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