Shareholders Disputes

We regularly counsel natural persons, corporations, partnerships and other organizations on the prevention, resolution and litigation of shareholder disagreements.

We understand that even small-scale shareholder disputes, if not managed properly, often disrupt a business’s operations and threaten its well-being. So, while we favour and work to craft creative solutions for problems, and to resolve disputes through negotiations, we are ready to shift to aggressive litigation when that is the client’s best option.

Our experience in shareholder matters is broad. We advise on the initiation of shareholder agreements, and handle disputes from the initial stages through trial up to the courts of highest instances. Our record includes both high-profile shareholder litigation at the largest corporations in the Baltics and private matters resolved through various forms of out-of-court settlements.

  • "A young and energetic team that is up and coming." (Chambers Europe)
  • Vidmantas Drizga is noted for his expertise in shareholders' disputes and securities mandates. Commentators view him as "absolutely the best adviser for shareholder issues. He is a visible presence in the market." (Chambers Europe)

Key contacts

Advice and representation on:

  • drafting shareholder agreements
  • breaches of fiduciary duties
  • breaches of shareholder agreements
  • conflicts of interest
  • access to information
  • removal of management bodies
  • fraud 
  • minority/majority shareholder conflicts
  • management deadlocks
  • formal investigations of company activities
  • negotiating and litigating shareholder disputes

Deals & Awards

TGS Baltic advised UAB EUGESTA in acquiring a majority interest in UAB Armavista

TGS Baltic advised UAB EUGESTA, one of the largest international distribution companies in the Baltic States, on the acquisition of a majority interest in UAB Armavista.