Restructuring & Insolvency

NOEWE LEGAL has been consulting clients for years in insolvency and restructuring cases. The Group’s head, Marius Devyžis, is himself an insolvency administrator, which allows us to provide clients with comprehensive advice from the very start of insolvency-related issues to the liquidation of an insolvent company in bankruptcy.

Recent projects
  • Representation of a Lithuanian company’s shareholder in initiating bankruptcy proceedings against an insolvent company.
  • Representation of creditors in a restructuring case involving a major Lithuanian construction firm Molesta, UAB.
  • Representation of the major Finnish transport company Oy Beweship Ab in a dispute regarding the initiation of insolvency proceedings against its Lithuanian branch, and the approval of a lien in bankruptcy proceedings.

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