WALLESS Advises Inbank On Cross-Border Merger With Mokilizingas

On May 15th, AS Inbank and its subsidiary LLC Mokilizingas signed a cross-border merger agreement according to which Mokilizingas will be merged into Inbank. As a result of the merger, Inbank will continue its operation in Lithuania in a branch structure. Completion of the merger is now subject to obtainment of authorisations from the Estonian Financial Supervision Authority and the Bank of Lithuania. WALLESS lawyers assisted Inbank and Mokilizingas in relation to the merger, including, among others, preparation of the cross‑border merger agreement and filing documents for the purpose of obtaining necessary authorisations from the Bank of Lithuania. WALLESS now continues advising the two companies on successful completion of the merger.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.