This article focuses on extrajudicial (out-of-court) bankruptcy proceedings. It discusses how the new Law on Insolvency of Enterprises has changed the legal regulation of this process. The article examines the procedure ...

This article analyzes public order as a ground for the non-recognition of foreign court judgments in the case-law of Lithuanian courts. Violation of public order is often used by the parties to challenge the recognition ...

On 30 January 2019 the Council of Europe adopted the first guidelines on electronic evidence in civil and administrative proceedings (hereinafter also ‘Guidelines’).1 The authors question if the Guidelines already require ...

This article examines some practical problems of the application of the Law on the Insolvency of Enterprises of the Republic of Lithuania related to the effectiveness of insolvency proceedings. Though the new insolvency ...

The article focuses on representation of creditors in corporate bankruptcy proceedings. It discusses social and economic needs for creditor representation in corporate bankruptcy proceedings and why it shall be effective. ...

This article examines the problems of the application of the Law on Insolvency of Enterprises of the Republic of Lithuania as related to the commencement of insolvency proceedings. The new insolvency law introduces a new ...

This article examines the meaning of fraudulent bankruptcy and the problems inherent in applications of fraudulent bankruptcy. It proposes how the regulation of fraudulent bankruptcy can be improved, and considers the ...

This article analyzes the concept of viability and its interpretation in insolvency law in relation to the restructuring of enterprises where creditors provide financial support in order to avoid bankruptcy. The significance ...

The Article examines the procedure of recognition of foreign judgments in the case law of the Court of Appeal of Lithuania. The gradual abolition of exequatur in the European Union law has reduced the number of cases of ...

This article focuses on the implementation of a stay of individual enforcement actions in corporate restructuring proceedings. The authors analyse the general goals of a stay of individual enforcement actions in restructuring ...