Submission of financial statements during COVID-19 quarantine

The end of April is approaching, when the majority of companies operating in Lithuania should convene general meetings of shareholders to approve financial statements. TRINITI informs that in the face of the challenges of the COVID-19 quarantine announced in the country, it is possible to postpone not only the dates of the general shareholders’ meetings Read more

How should be the Meetings of the Company’s Administration, Board Members and Shareholders be organized during COVID-19 quarantine?

TRINITI lawyers recommend organizing activities, avoiding close contact between people. To organize meetings, conferences and other working meetings remotely by use of telecommunications. This also applies to companies when they hold general meetings, as well as board or supervisory board meetings. Read more in Lithuanian… Read more

Your heirs are entitled to your payment for leave

In the joint cases of 6 November 2018 No. C-569/16 and C-570/16 the CJEU ruled that if the employment relationships cease as a result of the death of the employee, the compensation for the unused annual leave shall not be extinguished and shall be inherited.  This judgment must be applied even where the provisions of Read more