WALLESS

If an employee has been granted a bonus for work involving special risk, is the employer allowed to cancel this bonus without notice? ·      What type of work is considered high-risk? ·      Is the employer required to conduct a workplace risk assessment to determine if such a risk exists? ·      What penalties apply for failing to conduct a workplace risk assessment? ·      Should the bonus be kept separate from the base salary? You can find answers to these questions in the Izdevniecība iŽurnāli – iFinanses, iTiesības, iBizness, iAudio publication by WALLESS Legal Assistant Konstance Krieviņa, which you can read in Latvian here: https://bit.ly/4fqbZRH #employer #bonus

Advokaadibüroo WALLESS asub nüüd Tallinna linna tuiksoonel – Arteri kvartalis! Oleme kolinud uuele aadressile! Alates 28. oktoobrist 2024 ootame Teid aadressil Liivalaia 36, Arteri büroohoones. Kõik meie kontaktandmed, telefoninumbrid ja e-posti aadressid jäävad samaks. Loodame Teid peagi meie uutes ruumides tervitada! Kui Teil on küsimusi või vajate täiendavat teavet, võtke meiega julgelt ühendust.   We are pleased to inform you that our law firm has relocated! As of 28 October 2024, you can find us at @Arter Tower, Liivalaia 36. All our contact details, including phone numbers and email addresses, remain the same. We look forward to welcoming you to our new office! If you have any questions or need further information, please feel free to contact us. #walless #lawfirm #arter  

WALLESS partner Sintija Radionova had the opportunity to attend a business lunch organized by the German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania (AHK), together with the Aizsardzības ministrija, Latvian Ministry of Defence. During the event, Defence Minister Andris Sprūds emphasized that defence and security remain Latvia's top priorities. At WALLESS, we also believe that by working together, we can help strengthen the defence industry, which is more crucial than ever today. #defence #security 

Proud moments keep coming! This year’s IFLR1000 rankings spotlight WALLESS expertise across 6 practice areas in the Baltics, highlighting the strength and depth of our legal team. Once again, we celebrate 27 talented lawyers recognised as leaders in their fields. Thanks to our clients, working alongside them has earned us recognition in Banking & Finance, Capital Markets, Financial Services Regulation, Project Development, M&A, Financial & Corporate. We are proud of our team members for their recognised leadership across the region: Dovile Burgiene, Kristine Gaigule-Saveja, Joana Baublyte Kulviete, Sandis Bērtaitis, Marius Dobilas, Gediminas Dominas, FCIArb, Zane Eglite-Fogele, Andrius Ivanauskas, Rolan Jankelevitsh, Dr. Evaldas Klimas, Merit Lind, Alina Makovska, Laurynas Narvydas, Minni-Triin Park, Sintija Radionova, Gediminas Reciunas, Andres Siigur, Kuldar Torokoff, Karl-Erich Trisberg, Hannes Vallikivi, Laura Ziferman, Valters Diure, Arturas Grimaila, Akvile Marozaite, Enrika Tamasauskaite, Giedrė Banytė, Baiba Krievina-Sutora. Congratulations to each of you for your continued dedication, and heartfelt thanks to our clients for their trust in us! #IFLR1000 #legal #ranking #leadership 

Another license unlocked: DriveWealth Europe, part of the U.S.–based DriveWealth group, has secured a financial brokerage license from the Bank of Lithuania. This opens the door for them to operate across Lithuania and the EU, connecting investors to major markets like NYSE and NASDAQ. Lithuania continues to attract global players and secures its name as a fintech hub in Europe. Meanwhile, DriveWealth’s entry is set to boost competition and draw more investor interest. This is yet another success story for WALLESS. Partners Joana Baublyte Kulviete, Laurynas Narvydas, Associate Partners Liucija Bitinaitė, Akvile Marozaite, Alma Monkevičienė (Marcinkutė), Guoda Šileikytė, Senior Associates Gabrielė Gudauskienė, Mykolas Lukšėnas, Associate Ieva Pikaite, Junior Associate Iveta Balčiūtė, Legal Assistant Ignė Kazanavičiūtė and other legal professionals provided the expertise that helped make it happen. Big congratulations to the DriveWealth team! #fintech #license #legal #advice

WALLESS dalijasi kassavaitine Lietuvos Aukščiausiojo Teismo civilinių bylų skyriaus nutarčių apžvalga, kurią rasite čia: https://lnkd.in/dE7eDhf3 Visas naujausias apžvalgas kiekvieną antradienį į savo pašto dėžutę gausite jas užsiprenumeravę: https://rb.gy/e4p66

Teisininko požiūris į miesto plėtrą – kaip miestiečių teisės ir pareigos keičiasi kartu su Vilniumi? Apie miesto žaliąsias zonas, urbanistinės plėtros projektus ir kintančius statybos reikalavimus LRT laidoje „Homo cultus. Žmogus ir miestas“ diskutuoja WALLESS partneris Dr. Evaldas Klimas, kartu su laidos vedėjais Justinas Dūdėnas ir Matas Šiupšinskas. Laidą klausykite čia: https://lnkd.in/dSAPCc78 #miestas #plėtra #teisė #Vilnius 

We continued our collaboration with Newsec as their Autumn Property Outlook event took place in Riga this week. WALLESS Managing Partner, Kristine Gaigule-Saveja, moderated the panel discussion, Transforming Real Estate for the Digital Age and Beyond. The panel featured insightful conversations with Jūratė Gaspariūnienė, Christoffer Börjesson, Peteris Strautins, Martynas Babilas MRICS, and Ilmars Vitols. A few key takeaways from the conference include: ·      If you haven’t yet embraced digitalization, now is the time—it's the last train to catch as the digital age is already here. ·      Despite an uncertain economic outlook, there are several positive signals that suggest improvements in the real estate market. ·      ESG, sustainability, and related topics continue to be critical factors for consideration when developing new projects. We were delighted to join Newsec as they also celebrated the opening of their newly completed Riga office. Congratulations! #partnership #digitalization #realestate

A big win for the life sciences industry: the new partnership between Biomapas and Carbyne Equity Partners is set to speed up their global growth and bring fresh opportunities for innovation. This move helps secure Biomapas' place as a leader in clinical research, pharmacovigilance, regulatory affairs, and quality assurance across Europe. It’s a strong step forward, bringing stability and growth to the sector. With the advice of the WALLESS team – led by Managing Partner of Lithuania Dovile Burgiene, Associate Partner Domas Šileika, Partners Alina Makovska, dr. Mindaugas Lukas, Senior Associate Miglė Jeremičiūtė, and many more legal experts – Biomapas successfully navigated this complex deal. A huge congratulations to Biomapas on this exciting new chapter! We're proud to be a part of your journey. #deal #LifeSciences #innovation #LegalAdvice

Important development in Estonia: the draft Security Tax Act is now available. From January 1, 2026, to December 31, 2028, a 2% income tax on annual corporate profits will be introduced, in addition to Estonia’s existing distribution tax. However, the draft leaves many open questions, such as whether profits will be taxed on a consolidated or non-consolidated basis and how double taxation will be handled for entities using the equity accounting method for investments in Estonian affiliates. It also lacks rules on tax depreciation, amortization, or loss carryforward. The draft may still change before the Parliament passes it. Stay tuned for more from WALLESS! #WallessTaxCookies #tax #SecurityTax