Cobalt has advised Hansab Group on its acquisition of a majority stake in Finnish smart lighting company C2 SmartLight.
Cobalt Advises Hansab Group on Acquisition of C2 SmartLight
CEE Legal Matters Comparative Legal Guide: Bribery & Corruption 2025 is Now Out!
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Bribery & Corruption in CEE.
Bribery and Corruption in Estonia
Contributed by Cobalt.
Cobalt Advises Creditreform Latvija on Reorganisation
Cobalt has advised Creditreform Latvija on a multi-stage reorganization.
The Corner Office: 2024 in (Volume) Review
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?
Private Healthcare in CEE
The private healthcare sector across CEE has been expanding at a remarkable pace, reshaping the way people access and experience medical care.
Cobalt Wins Dispute with Balta over Damage Claim Involving Volvo Truck
Cobalt has successfully represented Swedish truck manufacturer Volvo Truck Corporation in a dispute initiated by Balta against Latvian truck conversion specialist Unitruck.
Cobalt and Ellex Advise on Stargate Hydrogen's EUR 11 Million Series A Funding Round
Cobalt has advised Stargate Hydrogen on its EUR 11 million series A funding round that saw the participation of Giga and UG Investments as well as SmartCap Green Fund. Ellex advised SmartCap.
Cobalt Advises European Energy on EUR 68 Million Solar Farm Financing in Latvia
Cobalt has advised European Energy on EUR 68 million financing to construct a 148 megawatt-peak solar farm in Latvia. Sorainen, Watson Farley & Williams, and Moalem Weitemeyer reportedly advised the lenders.
Cobalt Advises Coffee Address Holding on EUR 5 Million Bond Placement
Cobalt has advised Coffee Address Holding on raising EUR 5 million in a private bond placement, to support its growth strategy, with Signet Bank as the arranger.
Estonia: 5 Practical Steps to Prepare for the Artificial Intelligence Act
On August 1, 2024, the Artificial Intelligence Act (Regulation (EU) 2024/1689, AI Act) came into effect, establishing several regulations concerning artificial intelligence systems within the European Union. Although the regulation is already in force, its requirements will gradually come into effect: the first deadlines are set for February and August 2025, while most of the requirements will apply starting August 2, 2026.
Fort Legal and Cobalt Advise on EfTEN Capital's EUR 18.2 Million Sale of Kaunas Terminal to PREF IV
Fort Legal has advised EfTEN Capital and its managed fund, Kinnisvarafond II AS, on the EUR 18.2 million sale of Kaunas Terminal to the PREF IV fund. Cobalt advised PREF IV.
Cobalt Advises Linstow Baltic on Parking Modernization with Snabb in Riga
Cobalt has advised Linstow Baltic on an agreement with Snabb to operate parking services at the Origo shopping center, Radisson Blu Latvija, Radisson Elizabete, and several open-air locations in central Riga.
Cobalt Advises Apollo Group on Acquisition of Shares in Lido
Cobalt has advised Apollo Group's Estonian subsidiary Treeland on increasing its ownership in the Latvian restaurant chain Lido AS to 96% via share acquisition from KE Projekti.
Cobalt Advises Rheinmetall on Ammunition Plant Project in Lithuania
Cobalt has advised German defense company Rheinmetall on a joint project with Lithuania’s EPSO-G Invest and Giraites Ginkluotes Gamykla to establish a 155-millimeter artillery ammunition manufacturing plant in Baisogala, Lithuania. TGS Baltic reportedly advised EPSO-G Invest. Sorainen reportedly advised Giraites Ginkluotes Gamykla.
Cobalt and Eversheds Sutherland Bitans Advise on AirBaltic's Minority Stake Sale to Lufthansa Group
Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.
Cobalt Advises SmartCap on EUR 100 Million Defense Fund Launch
Cobalt has advised SmartCap on launching a EUR 100 million Defense Fund.
KWKR and Cobalt Advise on Radix Ventures' Investment in Naco Technologies
KWKR and Cobalt have advised Luxembourg-based investment fund Radix Ventures on its investment in Naco Technologies.
Cobalt at a Glance
COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.
The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.
Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.
COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony.
More information on COBALT can be found at www.cobalt.legal.