Since 1 January 2012, Dr Rimantas Simaitis has been promoted to become the partner of COBALT Vilnius office and will further lead the Dispute Resolution Practice Group of the firm. The practice group is the largest of its kind in the market for legal services and is comprised of 16 outstanding professionals in the area of litigation, arbitration, bankruptcy and restructuring, insurance, energy and transport law, public procurement and alternative dispute resolution.
'Five years of work with attorney at law Rimantas Simaitis have enabled us to achieve excellent results in the area of dispute resolution. Our clients appreciate and trust his ability to come up with tailor-made solutions and make them work. We believe that the move from cooperation to partnership will enhance further the competence of COBALT in the area of litigation,' said Dr Irmantas Norkus, Managing Partner of COBALT.
Dr R. Simaitis joined COBALT in 2006. Prior to joining the firm he had practised in the Civil Cases Divisions of the Supreme Court of Lithuania and the Court of Appeals of Lithuania for many years. The new partner of the firm is a former Chairman of the Working Group on Mediation of the European Commission for the Efficiency of Justice (CEPEJ-GT-MED); member and/or head of different working groups formed by the Board of the Seimas of the Republic of Lithuania, the Ministry of Justice, and the Judicial Council; Associated Professor at Vilnius University; recommended arbitrator of the Vilnius Court of Commercial Arbitration; and a recommended mediator of the Chamber of Arbitration of Milan.
The areas of expertise of Dr R. Simaitis include litigation, alternative dispute resolution through arbitration, negotiation, mediation, conciliation, adjudication, bankruptcy and restructuring, enforcement, criminal law and procedure, energy law, and transport law.
The international legal directory PLC Which lawyer? has ranked the Dispute Resolution Practice Group led by Dr Rimantas Simaitis among the highest ranking Baltic practices in 2011.
Another directory of law firms, The Legal 500, notes the experience of COBALT in arbitration proceedings and calls Dr R. Simaitis 'excellent in resolving disputes' and 'able to deal with the most complex problems.'
The professionals of the COBALT Dispute Resolution Practice Group, led by Dr R. Simaitis, provide legal advice to banks, insurance companies, energy, manufacturing and trading, IT and telecommunication, construction and real estate development companies, transport undertakings, and public authorities.
Dr R. Simaitis is a legal adviser to International Road Union (IRU), UAB Vilniaus energija, UAB Litesko, If P&C Insurance AS, UAB Merko statyba, UAB Kauno termofikacijos elektrinė, UAB ATEA and others. At present Dr R. Simaitis is advising a large number of aggrieved AB bankas SNORAS creditors.
The law firm headed by attorney at law Dr Irmantas Norkus has three more practice groups: Corporate Transactions and Finance Practice Group led by partner Elijus Burgis, Real Estate and Construction Practice Group led by partner Aušra Mudėnaitė, and General Commercial Law Practice Group led by partner Žilvinas Kvietkus.
At the Financial Times and mergermarket European M&A Awards held on 8 December 2011 COBALT was awarded the Legal Adviser of the Year in the Baltics.