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Business sectors

The value we create by providing a full scope of legal services in five business sectors – is an exceptional.

FINANCIAL SERVICES

Strict legal regulation is a distinctive feature of the Financial Services sector in all countries. Moreover, this sector is highly diversified and covers lots of instruments and services as well as various business models.

ECOVIS ProventusLaw provides full assistance to financial institutions including e-money institutions, payment institutions, financial brokerage firms, investment funds, private equity and venture capital funds, real estate investment funds, insurance companies and other entities operating in this sector. Our clients include payment institutions operating on the international level and local financial institutions.

Our experience in this sector covers the incorporation of entities, licensing of payment and e-money activities, advice on money laundering and regulatory issues as well as representation of clients in relations with market surveillance authorities, when entering into transactions, in disputes, debt restructuring procedures and in offering shares or bonds etc.

These issues are addressed by our lawyers working in the fields of Financial Services, Licensing and Regulatory, Telecommunications, IT and Data Protection, Tax, Dispute Resolution, Company Law and Labour Law.

Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide. Since the authorities of our country cooperate willingly with both experts and business entities, Lithuania is becoming a corridor leading businesses, including international entities, to the European Union .

We work together with our clients to develop solutions aimed at protecting their assets and reputation or at introducing new products to the market, that help them pursue their strategic and fiscal goals.

Information on finance institution licensing in Russian / Лицензирование финансовых учреждений в общем европейском рынке

The range of services provided by us in this sector includes:

  • representation in obtaining required licences
  • advising on sector regulatory and risk management issues
  • representation in relations with market surveillance authorities
  • advising on issues of electronic payments and e-money, foreign remittances and foreign currency exchange transactions
  • assistance in the development of financial products and services
  • advising on money laundering issues
  • loans and debt restructuring, insolvency
  • incorporation of companies
  • representation in transactions
  • advising on IT and data protection issues
  • representation in disputes
  • advising on tax issues
  • advising on labour law issues

inga

Head of Business Sector Group

Inga Karulaitytė – Kvainauskienė

Partner, attorney at law

  • inga.karulaityte@ecovisproventuslaw.com
  • +370 5 212 40 84

MARKETING AND COMMUNICATION

The Marketing and Communication sector is complex in particular due to decisions which are directed at the public and which thus provoke the public and competitors and have direct impact on the reputation of an organisation. As regards the sector of marketing and communication , the knowledge of the legal framework alone is not sufficient and the perception of culture, ethics, values and regulations of the society is always important here in order to ensure the efficiency of legal protection or defence strategies proposed and the adequacy of the recommendations offered.

Our team provides a full spectrum of services relevant to the marketing and communication sector, from regulation to intellectual property and defence of rights in court and arbitration. Therefore this sector is dealt with by lawyers of ECOVIS ProventusLaw specialising in the fields of Media and Advertising, Telecommunications, IT and Data Protection, Competition Law, Dispute Resolution and Labour Law. These lawyers have significant experience in assisting communications sector businesses, including broadcasters, media, public relations and advertising agencies, as well as entities cooperating with them.

Our experience includes legal assessment of the contents of communication, advice on advertising and IP law as well as copyright issues, assistance in drafting contracts, dealing with labour law issues and resolving disputes between the parties concerned.

Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide.

When working with our clients we help them select the most appropriate communication strategy and to promptly tackle any issues in a manner which is least harmful to the reputation of the company.

The range of services provided by us in this sector includes:

  • drafting advertising and communication services contracts
  • assessment of compliance of the contents of communication and advertising campaigns with legal requirements
  • advising on consumer-developed contents
  • advising on issues of misleading and unauthorised advertising
  • advising on issues of intellectual property
  • copyright protection and defence
  • defence of the reputation of entities in the public and in court
  • representation in disputes
  • representation in relations with market surveillance authorities and organisations
  • incorporation of companies
  • advising on labour law issues

Head of Business Sector Group

Loreta Andziulytė

Partner, attorney at law

  • loreta.andziulyte@pecovisproventuslaw.com
  • +370 5 212 40 84

IT AND TELECOMMUNICATIONS

Technology-based business sectors are highly dynamic and thus the regulatory environment always lags several steps behind. Due to this reason, a lawyer’s task in this sector often involves the education of regulatory authorities in this field and the initiation of changes in the legal environment. On the other hand, understanding policy matters and the regulatory framework developed, as well as the trends of EU regulation, which affect the business plans of our clients, is equally important. Therefore, the lawyers of ECOVIS ProventusLaw maintain regular contact with competent surveillance authorities in order to better understand law and policy matters, they also extend their knowledge in the field of EU legal regulation.

In order to ensure the competitiveness of business in this sector, it is important to note intellectual property and data protection issues and thus a sound knowledge of technologies and a full understanding of IT and Telecommunication business processes are of critical importance. Due to all the reasons stated above – we speak your language. As we understand both your engineers or product developers and those responsible for the introduction of developed solutions to the market, working and pursuing your goals with us is simple.

Our comprehensive experience in this sector gained in over 15 years and legal challenges overcome, which helped our clients to successfully find their place on the market, make us a special market player. Our expertise includes full assistance in developing new services and products, ensuring their protection and presentation to businesses and end-users. Severe competition in the sector has also been marked by our several significant victories in courts and in negotiations with relevant surveillance authorities.

These business issues are dealt with by our lawyers specialising in the fields of Telecommunications, IT and Data Protection, Financial Services, Licensing and Regulatory, Competition, Regulatory Affairs and Government Relations, Dispute Resolution which are also assisted by our experts in the fields of Company Law and Labour Law.

Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide.

When working with our clients we develop solutions that ensure an efficient penetration of innovative IT and telecommunication services as well as products to the market.

The range of services provided by us in this sector includes:

  • advising on issues of obtaining permits and licences
  • advising on issues of Lithuanian and EU regulatory framework
  • advising on the development, introduction and maintenance of new services
  • opinions on restrictions and risks of application of innovative technologies in Lithuania and in other EU states
  • representation in relations with market surveillance authorities
  • representation in disputes or negotiations with other market players
  • advising on legal aspects of infrastructure use
  • advising on issues of intellectual property rights in a product developed as well as development and implementation of comprehensive protection solutions
  • advising on data protection and privacy policy issues
  • development of trade strategy, advising on e-commerce or distance marketing
  • drafting data transfer agreements and data centres
  • drafting service contracts
  • advising on compliance of communication of services with legal requirements
  • big data
  • Internet of Things
  • cloud computing
  • assistance in dealing with national and EU competition law issues, including unfair competition
  • representation in disputes
  • legal assistance in public procurement procedures
  • cyber-security

Head of Business Sector Group

Loreta Andziulytė

Partner, attorney at law

  • loreta.andziulyte@ecovisproventuslaw.com
  • +370 5 212 40 84

REAL ESTATE AND CONSTRUCTION

Real Estate is the largest category of property in the world and our work with companies operating in this sector – from real estate developers, operators, investors or managers – is often long-term and diverse because we understand business models in this sector perfectly.

ECOVIS ProventusLaw provides various services in the real estate sector ranging from specific issues, such as planning and zoning, construction permits, construction contracts, real estate transactions etc., to assistance with day-to-day matters, such as tax, disputes etc.

We manage to achieve surprising results not only because we know the specificities of the sector but also because we cooperate with the State Territorial Planning and Construction Inspectorate under the Ministry of the Environment, city municipalities, the Central Purchasing Organisation (CPO), Labour Inspectorate etc. This professional cooperation and expertise enables us to deal with issues faced by our clients in a smooth and prompt manner.

Real estate issues are addressed by our lawyers specialising in the fields of Real Estate and Construction, Tax, Dispute Resolution, Company Law and Labour Law, as well as in the field of Bankruptcy and Restructuring. Their expertise and team work enables us to offer comprehensive solutions meeting the needs of both local and international projects irrespective of the type of real estate.

Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide.

We provide legal assistance in all stages of real estate life cycle irrespective of the type of real estate or the field in which an issue arises and therefore we are oriented towards long-term cooperation, we analyse your long-term objectives and provide comprehensive solutions.

The range of services provided by us in this sector includes:

  • advising on real estate development issues
  • legal assistance related to design and construction of real estate objects, including the definition of relations with contractors and obtaining construction permits
  • representation in purchase, sale or lease of commercial real estate
  • advising on planning and zoning issues
  • advising on issues of obtaining construction permits
  • advising on real estate finance issues
  • advising on security issues including mortgage and guarantees
  • incorporation of real estate management companies and funds
  • assistance in legalising illegal construction and in eliminating the consequences of illegal construction
  • advising on tax and tax structuring issues
  • representation in disputes
  • advising on labour law issues including employment of foreigners
  • advising on company law issues
  • legal assistance in public procurement procedures

Head of Business Sector Group

Kęstutis Kvainauskas

Partner, attorney at law

  • kęstutis.kvainauskas@ecovisproventuslaw.com
  • +370 5 212 40 84

GAMBLING AND ONLINE GAMING

The sector of Gambling and Online Gaming is growing in the context of constant changes in regulation. As the regulation of gambling becomes stricter, the regulation of online gaming is changing considerably and is opening horizons for the development of this industry.

Our client base includes both start-ups developing innovative online gaming for the global market and global gambling operators.

Our expertise covers the incorporation of companies to operate in this sector and licensing of their activities, advising on other regulatory issues of the sector, as well as advising on intellectual property, copyright, data processing and other issues. We also have experience in other fields closely related to the industry of gambling and online gaming – it includes legal issues of technologies, social media, e-commerce, advertising, sponsorship projects, data protection issues and delivers added value to clients of ECOVIS ProventusLaw.

Legal issues arising in the sector of gambling and online gaming are addressed by our lawyers working in the fields of Regulatory Affairs and Government Relations, Telecommunications, IT and Data Protection, Media and Advertising, Competition Law, Tax, Dispute Resolution, Company Law and Labour Law.

Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide.

The experience of ECOVIS ProventusLaw in the sector of gambling and online gaming and our expertise enable us to advise clients on how to identify, protect or optimise the potential occurring in the changing legal environment.

The range of services provided by us in this sector includes:

  • advising on consumer-developed content
  • advising on national and EU regulation of gambling and online gaming industry
  • advising on data protection issues
  • assistance in obtaining licences required for operating gambling and online gaming
  • advising on issues of intellectual property rights in products developed as well as provision and implementation of comprehensive protection solutions
  • advising on intellectual property issues
  • assessment of compliance of contents of communication and advertising campaigns with legal requirements
  • advising on issues of misleading and unauthorised advertising
  • assistance with issues of national and EU competition law including unfair competition
  • defence of reputation in the public and in courts
  • representation in disputes
  • cyber-security
  • incorporation of companies
  • advising on labour law issues
  • advising on tax issues

Head of Business Sector Group

Kęstutis Kvainauskas

Partner, attorney at law

  • kestutis.kvainauskas@ecovisproventuslaw.com
  • +370 5 212 40 84