Does the lessee always have a priority right to extend the Rent Agreement? In accordance with this Decision, the Court is changing the practice which was formed in the commercial relations, whereas the companies can agree on the priority right or its refusal from now.
Under the mentioned above, we do recommend to review the companies’ current Rent Agreements and to adjust the clauses according to the newest Case Law.
Amendments of the Law on the Legal Status of Foreigners of the Republic of Lithuania (“the Law“) entered into force on 1 July 2024. The…
For company managers, employee motivation must be considered in several aspects, including the selection of effective incentives and accurately calculating the budget allocated to them.…
In recent years, the Lithuanian Register of Legal Entities (hereinafter – the Register Center) intensified its monitoring of companies that are not conducting business or…
