The Supreme Court of Lithuania has clarified that termination of a service contract in an administrative building is not a decision of a single owner.
When a business operating in an administrative building wants to terminate a contract for the maintenance of common areas, it often seems that one decision is enough – the contract.
Business with friends: invisible risks that cost friendships
Starting a business with friends or close associates often seems like a natural and safe choice. There is trust, shared enthusiasm, belief in the idea.
Legal impasse: who is liable when shareholders fail to take decisions?
In practice, it is often the case that a company's shareholders, because of internal disagreements or conflicts, do not take decisions that only they can take.
When a farm is not a UAB: The court has drawn the boundaries of who owns the money
Can a farmer use the money from the farm as he or she sees fit? Is he subject to the same requirements as a company director - to pay first
Can a shareholder be convicted of credit fraud?
With the information in the public domain that law enforcement authorities have opened a pre-trial investigation into suspected credit fraud in a company owned by the Prime Minister, questions arise as to what
Inaccurate shareholder data - a fine or even criminal liability?
Although formal registers may seem to be just "paperwork", it is worth remembering that mistakes or delays in submitting shareholder data to the
Selling on Instagram or TikTok? You're already an entrepreneur - even if you don't think so yourself
Social networks have become more than just a place to share photos - they are the new shop window. Increasingly, products are being offered via Instagram, TikTok
Dividends: when are they illegal?
The end of the annual financial year is a good time to learn more about dividends. It's an important aspect of a company's financial planning, but according to lawyers,
Recruiting a manager: what are the biggest mistakes and what has changed since the New Year?
The recruitment of a CEO is a key element of an organisation's activities, requiring not only legal clarity but also a clear division of responsibilities. Legal