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Ieva Dosinaitė

Associate Partner, Head of Finance industry group, Lithuania

Vilnius, Lithuania

+370 5 251 4444

ieva.dosinaite@tgsbaltic.com

Lithuanian, English, Russian

MAJOR PROJECTS

Provides legal services to the European Bank for Reconstruction and Development in the international financing project, extending a loan to a Ukrainian company, a shareholder of which is a Lithuanian private limited liability company. Analyses financial documents in terms of the law of the Republic of Lithuania (2013);

Represented AB SEB Bankas and the European Bank for Reconstruction and Development in the negotiations with LKAB Klaipėdos Smeltė and the main shareholder of the company Terminal Investment Limited SA regarding financing for Klaipėdos Smeltė, drafted all related financial documents and got them approved by relevant persons (2012–2013);

Regularly provides legal services to a major British bank regarding restructuring of syndicated loans extended to Lithuanian companies. Analyses financial documents, drafts loan security agreements (2011–2013);

Advises AB Klaipėdos Nafta and represents the client’s interests in local and international banks for provision of financing services required for the construction of the LNG terminal (2011–2013);

Provided legal services to a major international insurance company operating in Lithuania, in connection with the acquisition of a life insurance portfolio. Drafted a bank insurance agreement and represented the client in negotiations for signature of the agreement (2012);

Represented a Scandinavian aviation company in sale of an aircraft to a Lithuanian company. Advised on related Lithuanian law issues (2012).

OTHER EXPERIENCE

Represented Credit Value Investments and the funds managed by it in the course of investing into bonds of AB Civinity, structuring the bond issue and creating related necessary instruments securing the issuer’s obligations. The nominal value and the issue price of subscribed bonds is EUR 11 million (2017);

Upon the client’s request performed a study of use of the EU funds through financial engineering measures. Analysed compatibility and compliance of getting and using support from the EU structural funds with legal acts of the Republic of Lithuania (2012);

Drafted standard operational agreement of the European Investment Bank, under which the client implements the financial engineering measure JESSICA, providing the banks operating in Lithuania with money that will have to be used in granting loans to people for implementation of home renovation programs (2012);

Provided legal services to Valeant Pharmaceuticals International, Inc., one of the largest global pharmaceutical concerns, in connection with security for obtained loan (2012);

Provided legal services to Actavis, Inc., a leading global pharmaceutical company, engaged in creation, production and distribution of generic, original and bio-identical medicinal products, in connection with restructuring of intra-group debts (2012);

Represented ING Bank in restructuring a loan granted to a company group operating in the field of industrial construction and maintenance. Reviewed and revised financial documents with regard to legal acts effective in the Republic of Lithuania (2012);

Provided consultations regarding the transfer of the assets owned in Lithuania by the banks of the European Union which are bound by the security measures of liquidity applicable in accordance with the local rules of law. The consultations involved regulative questions concerning the activity of the financial institutions, as well as the matters of the application of taxes (2012);

Counselled the ECB in relation to the project on the introduction of provisions on ABS loan-level data (i.e. leasing ABS; auto-loan ABS and consumer financing ABS) to the Eurosystem Collateral Framework. Assignment involved adjustment of ABS loan-level data fulfilment form prepared in accordance with the European Union law to the Lithuanian laws (2012);

Upon request of the Ministry of Economy of the Republic of Lithuania, acting together with UAB PricewaterhouseCoopers, performed the analysis of the functions performed by the state-controlled enterprises in the project “Preparation of the recommendations for separation of commercial and non-commercial state-controlled enterprises and/or functions, defining non-commercial functions, setting their price, which would include the analysis of the scope and expenses of commercial and non-commercial functions, recommendations for accounting of non-commercial functions and possible schemes of financing such functions” (2011–2012);

Counselled Pontos Group, a family-controlled Finnish company, investing into real estate in Finland, the Baltic States and Russia, regarding a loan from Nordea Bank Finland Plc in order to acquire the shopping centre Babilonas (2011–2012);

Assisted the sole shareholder of UAB BIPA in sale of 100% shares in UAB BIPA to UAB BIPA group. The value of the transaction was MEUR 0,55 (2011);

Legal advice concerning establishment of the European company (SE) to one of the major international pharmaceuticals (2011);

Drafting legal opinions on cooperation, supply and loan for use agreements (targets: pharmacy, medicine equipment, technical equipment and others: UAB Bayer, UAB Merck Sharp & Dohme, UAB YIT Technika) (2008–2011);

The executive head of the merger of Baltic Swedbank Life Insurance companies (including transfer of employees) into the newly formed European Company – Swedbank Life Insurance SE (2009–2010);

Drafted legal opinions and memorandums on issues related to concession to the first Lithuanian research enterprise conducting clinical trials as well as to recycling company UAB ASA Vilnius (2009);

Represented and assisted a number of local and international companies in public procurement related issues: UAB Klaipėdos želdiniai, UAB ASA Vilnius, UAB Liuks, UAB YIT technika, UAB Nokia Siemens Networks, UAB Vetrūna (2009);

Drafted memorandum on labelling and safety of textile products to Peek & Cloppenburg (2009);

Legal adviser of a leading Lithuanian apparel retailer UAB Modena ir Ko on issues related to trademark licensing (2006–2008);

Was a member of due diligence teams responsible for contract, insurance and intellectual property law (UAB BTA Draudimas, UAB Bitė Lietuva, UAB Paroc, AB Linas Agro, AB Flylal group, UAB Higeja, Lindorff OY) (2006–2008);

A member of UAB Fima due diligence team and headed the updating of UAB Fima due diligence (2007);

Was a team member in the separation of a part of business of the IT company Microlink (including transfer of employees) to UAB Norby Networks (2007).

PUBLICATIONS

  • World Bank survey Doing Business: Start-up business in Lithuania (2011)
  • World Bank survey Doing Business: Protection of investors in Lithuania (2011)
  • World Bank survey Doing Business: Start-up business in Lithuania (2010)
  • World Bank survey Doing Business: Protection of investors in Lithuania (2010)
  • Delivered a speech on “Damage Recovery in Public Procurement” in the conference “Public Procurement in Lithuania” (2009)
  • World Bank survey Doing Business: Protection of investors in Lithuania (2008)
  • World Bank survey Doing Business: Start-up business in Lithuania (2007)
  • Getting the Deal Through: Trademarks 2007 (2007)

MEMBERSHIPS

  • Lithuanian Bar Association

PROFESSIONAL CAREER

  • Since 2017 Associate Partner at TGS Baltic (former TARK GRUNTE SUTKIENE)
  • 2016 – 2017 Associate Partner at TARK GRUNTE SUTKIENE
  • 2013 – 2016 Senior Associate at TARK GRUNTE SUTKIENE
  • 2011 – 2013 Associate at TARK GRUNTE SUTKIENE
  • 2006–2011 Associate at law firm “Raidla Lejins & Norcous”

EDUCATION

  • 2007 Vilnius University, Faculty of Law (Master of Law)
  • 2006–2007 law studies at Ghent University, Belgium