Ellex has advised Robinhood on establishing its European hub in Lithuania.
Walless Advises Traxlo on EUR 1.6 Million Fundraising Round
Walless has advised Traxlo on raising EUR 1.6 million in funding to support the expansion of its AI-driven, pay-per-task labor platform across Europe. Tegos reportedly advised Coinvest as the lead investor.
Daiva Usinskaite-Filonoviene Becomes Managing Partner at Noor
Daiva Usinskaite-Filonoviene has become the new Managing Partner at Noor, taking over from Giedrius Murauskas who spent the past three years at the helm of the firm.
DLA Piper Advises The Vita Group on EUR 81.5 Million Receivables Securitization
DLA Piper has advised The Vita Group on the launch of a three-year, EUR 81.5 million trade receivables securitization program. External funding was provided by Santander Corporate and Investment Banking and Finacity Corporation, with retained funding from Vita entities.
From Bronze Night to NIS2: How the Baltics Are Implementing the EU’s New Cybersecurity Regime
In April 2007, Estonia made global headlines — not for a military conflict or natural disaster, but for one of the first coordinated large-scale cyberattacks against a nation-state. Sparked by the relocation of a Soviet-era war memorial in Tallinn (known as the Bronze Night), the country’s digital infrastructure was flooded with denial-of-service attacks. Government websites, banks, media outlets, and essential services were knocked offline. It was a wake-up call: digital threats could now paralyze a country just as effectively as tanks and missiles.
Sorainen Advises Nordspace on EUR 6 Million Bond Listing on Nasdaq First North
Sorainen has advised Nordspace on its EUR 6 million bond offering and listing on the Nasdaq First North alternative market.
Sorainen Advises Key Carbon on EUR 100 Million Partnership with InSoil
Sorainen has advised Key Carbon on a EUR 100 million partnership agreement with InSoil.
Sorainen Successfully Defends Gintarine Vaistine and Limedika in Antitrust Case
Sorainen has successfully represented Gintarine Vaistine and Limedika in an antitrust case before Lithuanian courts, resulting in the annulment of over EUR 25 million in cartel fines imposed by the Lithuanian Competition Council.
Cytowski & Partners and Motieka & Audzevicius Advise SintraAi on USD 17 Million Seed Round
Cytowski & Partners and Motieka & Audzevicius have advised Lithuania-based SintraAi on its USD 17 million seed financing round, which saw the participation from Earlybird Ventures, Inovo VC, Practice Capital, and several angel investors from Silicon Valley and Central and Eastern Europe. Goodwin reportedly advised Earlybird Ventures.
Sorainen Advises Sostines Bokstai on Sixth Bond Tranche Launch
Sorainen has advised UAB Sostines Bokstai on the launch of the sixth tranche of its bond issue.
Walless Advises Iron Wolf Capital on Launch of EUR 100 Million Deep Tech & AI Fund
Walless has advised Iron Wolf Capital on the launch of its EUR 100 million early-stage fund.
Migle Petkeviciene Joins Sorainen as Partner
Former Ellex Partner Migle Petkeviciene has joined Sorainen as a Partner.
Sorainen Advises Saferoad on Clearance for Gatas Acquisition
Sorainen has successfully advised Saferoad on obtaining Lithuanian Competition Council clearance for the acquisition of 100% of the shares in Gatas.
Closing: ICA Gruppen's Sale of Rimi Baltic Group to Salling Group Now Closed
On June 3, 2025, Sorainen announced that ICA Gruppen's sale of Rimi Baltic Group to Salling Group (as reported by CEE Legal Matters on March 12, 2025) has now closed.
Walless Advises Vilnius City Municipality on European Commission Approval for National Stadium Project
Walless has advised Vilnius City Municipality on securing European Commission approval for key amendments to the financing structure of the National Stadium project in Vilnius.
Widen Advises Enghouse Systems Group on Acquisition of Trafi
Widen has advised Enghouse Systems Group on its acquisition of Trafi.
Sorainen Advises Alchemy on Acquisition of DexterLab
Sorainen has advised Alchemy on its acquisition of DexterLab.
Refocusing Lithuania: A Buzz Interview with Giedre Ciuladiene of Triniti
Lithuania’s government has been active in constantly improving the business environment from a legal and tax perspective during the past several years, according to Triniti Partner Giedre Ciuladiene. With the recent change of the government in 2024, adjustments are expected in investment and tax policies, with potential effects on private equity, venture capital, stock options, and legal work around restructuring and deals.