Ieva Strunkienė

Ieva Strunkienė is a Senior Associate and the Head of the Insolvency Group at CEE Attorneys office in Vilnius. Ieva is an experienced lawyer having more than 15 years professional experience. She has a broad legal practice focusing on corporate and, commercial law, including M&A, insolvency / bankruptcy & restructuring, migration, consumers, banking and finance, start-ups.

Previous Practice:

Ieva has been working as a lawyer since 2006. Before joining the CEE Attorneys team, she gained valuable professional experience in other Lithuanian law firms, such as PRIMUS DERLING, TRINITI JUREX. She has been a consultant to the World Bank since 2017. Ieva Strunkienė has previously worked with UAB “Swedbank lizingas”, the Ministry of Interior of the Republic of Lithuania, Parliament of the Republic of Lithuania (Seimas), and Vilnius 28th Notary Office.

Insolvency / Bankruptcy & Restructuring Experience includes:

Ieva Strunkiene has been involved with a number of major insolvencies in Lithuania, advising, in different cases, both the directors of the debtor entities and the creditor groups, both in negotiations aimed at a negotiated settlement and in court (out-of-court) proceedings aimed at the enforcement of parties‘ rights.

Contribution to INSOL International and the World Bank Group joint e-publication “INSOL – World Bank Group Global Guide: Measures Adopted to Support Distressed Businesses Through the COVID-19 Crisis“, 2021, (

Contribution to the World Bank, INSOL International and International Association of Insolvency Regulators’ Corporate Debt Restructuring: Global Project (ongoing)

Member of a working group (research project) “Clash of Principles: A new Approach to Harmonisation of Transactions Avoidance Laws?” that aims to create a proposal for a harmonised transactions avoidance law in the European Union (ongoing)

Member of “INSOL Europe group Strategic Task Force 2025“ (ongoing).

A short term consultant at the World Bank Group, 2017 

Contribution of the chapter on Lithuania for the study into a new approach to bankruptcy and insolvency “Study on a new approach to business failure and insolvency – Comparative legal analysis of the Member States’ relevant provisions and practices“. The report, commissioned by the European Commission DG Justice, documents a comparative study on substantive insolvency law throughout the EU ( 

Ieva Strunkiene has continued to participate in academic analysis of insolvency legislation in Lithuania, having written several articles on the subject for Insol Europe, who recognised her valuable contribution by awarding her the Richard Turton prize in 2011 for a paper on fraudulent bankruptcy “The Growing Business phenomenon of  Fraudulent Bankruptcy“ (


Legal framework modified in response to the crisis, 2020

Lithuania: Draft Law on the Insolvency of Legal Entities, 2018

Personal guarantees: for all the wrong reasons, 2016/2017

Lithuania: A new law aiming to reduce the social exclusion of insolvent individuals, 2014

All you need to know about becoming a bankruptcy administrator in Lithuania, 2013

Scientific publications:

Conditions of bankruptcy of natural persons‘: which Baltic State is the most attractive to open bankruptcy proceedings?”, International Corporative Jurisprudence, 2021.

Natural person’s solvency recovery plan: analysis of content requirements and plan approval and problematic aspects, 2019, Jurisprudencija.

Recast Regulation: whether the fraudulent search for a more favorable legal regulation of a natural person is prevented?“, 2018, Jurisprudencija.


International Scientific Conference “SOCIN’19”, topic “The Influence of Science on the effectiveness of insolvency proceedings“, 2019.

Peter Leon Academy, topic “Insolvency law. Bankruptcy of a natural person“, 2019.

Academy of Young Lawyers, topic “Are debts repaid only by cowards? Bankruptcy of a natural person: why, how and what then?“, 2017.

INSOL Europe Eastern European Countries‘ Committee conference in Poland (Poznan), topic “The Growing Business phenomenon of  Fraudulent Bankruptcy“, 2012. 


Vilnius University (Master of Law, 2006).
Middlesex University, Great Britain (Bachelor of Business Law, 2008).
Mykolas Romeris University (the title of the doctoral thesis “Legal aspects of a natural person‘s (an individual entrepreneur‘s) insolvency“, planned end of PhD studies – 2021).
Internship program at Tartu University (Estonia), 2020

Lithuanian (native), English (fluent written and spoken), Russian (fluent spoken)