Over the past decade, more and more profit-seeking companies have been maintaining that they are sharing value not only with their shareholders, but also with national or local communities, thus trying to jump on the bandwagon of the so-called corporate social responsibility (CSR) movement. […]
President Dalia Grybauskaitė has signed a decree on the appointment of nine judges of district courts and administered their oaths. […]
The Seimas of Lithuania, parliament, on Tuesday returned the amendments to the Law on the Liquefied Natural Gas (LNG) Terminal for improvement. […]
Law Firm VARUL and Estonian Chamber of Commerce in Lithuania (in partnership with Estonian Embassy in Vilnius) are organizing the 4th mergers and acquisitions (M&A) conference on 28 January. […]
The Seimas of Lithuania has closed its fifth ordinary autumn session with 45 plenary sittings held from 10 September to 23 December and around 360 laws, 65 resolutions and 5 other legal acts adopted, the press service of the Seimas said. […]
The European Union and national legislation obliges to establish liability for corruption in the private sector. Meanwhile, Lithuania does not have a definition of what corruption in the private sector is, says Dr Petras Ragauskas, chief research staff member of the Institute of Law. […]
Although international law as a concept of general principles and customs has been known for centuries, reaching as back as Ancient Greece or Ancient Rome, discussions concerning its existence and common application reached its apogee only in the 20th century; however, neither the theoretical discussions, nor practical events managed to provide a definite answer to the most fundamental question, which is still being considered now at the time of unprecedented Russian aggression towards Ukraine and in the light of continuous conflicts in the Middle East: is international law, per se, real law? […]
On 26 June 2014, the Republic of Lithuania Law on the Legal Status of Aliens was revised with amendments. The purpose of these amendments is to get rid of bureaucratic barriers that hinder the employment of foreign specialists of high professional qualification in Lithuania. At the same time, the amendments seek to limit the establishment of fictitious companies that are set up with the aim of obtaining permits to temporarily reside in the country. […]
Because of the euro adoption in Lithuania, it has been proposed to regulate procedures related to alternating the authorised capital, the nominal value of securities and the articles of association for already founded companies. […]
International freight transportation and international trade in general is a great environment for unfair debtors to prosper. A lack of knowledge about international debt recovery is one of the main reasons why debts accumulate. […]
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