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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.

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. 

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. 

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.