Legal news

Belarus: The procedure for licensing certain types of activity changes with Presidential Decree No. 475 of 26 November 2015. Under new amendments, perpetual licenses will be issued for all activities which require licensing. Additionally, licenses valid as of 28 November 2015 from the due date will not be extended. Another

Lithuania: New Amendments to the Notarial Law create preconditions for easier debt recovery from 1 January. As of 2016 Notaries may affix enforcement clauses to notarized transactions that give rise to monetary obligations. The enforcement clause allows direct access to the bailiff. This novelty benefits creditors, who can now avoid

Czech Republic: Will mandatory disclosure of contracts, invoices, and orders improve management of public funds? On 1 July 2016, the Contract Register Act will come into force. This has been designed to allow a broader circle of persons and institutions to participate – if only informally – in public oversight

Estonia: The bnt fact sheet offers an overview of the benefits of investing and establishing a business in the Baltics. The Nordic countries count as the biggest investors in the Baltic states. Still the Baltics can provide more growth for companies and expansion over borders. The Baltic states have made

Lithuania: Support in connection with Air Lituanica insolvency. Attorneys-at-law Frank Heemann (Rechtsanwalt) and Rasa Grambaite-Pusciene (Advokate) advise and represent German Lufthansa Technik AG filing claims in the insolvency proceedings of the Lithuanian carrier Air Lituanica. bnt attorneys-at-law (Vilnius) with its 15 lawyers plus support team belongs to the leading law