The private healthcare sector across CEE has been expanding at a remarkable pace, reshaping the way people access and experience medical care.

A credit institution typically possesses funds belonging to depositors. However, there may be situations when the institution also holds property that belongs to third parties. This article aims to examine the concept of third-party property in the case of a credit institution’s insolvency.

Cobalt has successfully represented Swedish truck manufacturer Volvo Truck Corporation in a dispute initiated by Balta against Latvian truck conversion specialist Unitruck.

Ellex has advised Altor Fund IV on divesting from Nordic Tyre Group to Axcel Fund VII.

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.

Walless, working with Gernandt & Danielsson, has advised ICA Gruppen on the sale of Rimi Baltic Group to Salling Group for EUR 1.3 billion. Sorainen reportedly advised Salling Group on the deal.

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.

Ellex has successfully represented Alltech in a trademark opposition case against Actizen in Latvia.

Ellex, working with Allen Overy Shearman Sterling, has advised Adven on the renewal of its financing platform by raising EUR 675 million.

Ellex has advised Sportland on its acquisition of 4.2 hectares of land in Marupe, Latvia. 

Cytowski & Partners has advised Latvian Trace Space on its USD 4 million seed round with Berlin-based Cherry Ventures. Goodwin Procter reportedly advised Cherry Ventures.

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 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.

Ellex, working with Thommessen, has advised Accent Equity on the acquisition of Brimer from Entec Group. Wikborg Rein reportedly advised the Entec Group.

Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.

KWKR and Cobalt have advised Luxembourg-based investment fund Radix Ventures on its investment in Naco Technologies.

TGS Baltic has advised Clear Channel Outdoor Holdings on the sale of its Europe-North out-of-home advertising segment to Bauer Radio Limited. Squire Patton Boggs, AG Law Limited, Cirio Law Firm, Kromann Reumert, Wikborg Rein, Castren & Snellman, Perez-Llorca, Reichlin Hess, Reed Smith, Deloitte and Herbert Smith Freehills, CMS, Norton Rose Fulbright, and Paczewski Tropaczynski reportedly advised the sellers as well.

TGS Baltic, working with Vinge, has advised Bergs Timber on the sale of its Latvian sawmill business Vika Wood to Nextwood One, part of the Austrian HS Timber group. Schoenherr advised HS Timber on the deal. Cobalt reportedly advised HS Timber as well.