Cobalt has successfully represented security services company UAB Grifs before a first-instance court and the Lithuanian Court of Appeal in a dispute regarding the company's alleged failure to properly perform its obligations toward a client.

Sorainen has advised the Luminor Bank on Siauliu Bankas’ EUR 85 million issuance of restricted senior preferred notes. TGS Baltic advised Siauliu Bankas.

Sorainen has advised Laba7 on a EUR 640,000 investment from the Coinvest Capital fund in cooperation with 44 members of the Lithuanian Business Angel Network LitBAN community. TGS Baltic advised Coinvest Capital.

Cobalt has advised Taba Invest on the development project for a 3.3-hectare area on the left bank of the river Nemunas in Kaunas through a joint venture with the SBA Group. Ellex advised the SBA Group.

Ellex and Wardynski & Partners, working with Thommessen, have advised Hampidjan on its acquisition of the Morenot Group from FSN Capital Partners. Norway's Haavind and Iceland's BBA Fjeldco advised FSN Capital.

Sorainen has advised Pon.Bike on its agreement with YIT Lietuva for the construction of a manufacturing facility in the Kedainiai Free Economic Zone.

Sorainen has advised Invalda INVL on the EUR 40.2 million merger agreement with Siauliu Bankas for the merger of both companies' retail businesses. 

The corporate and M&A practice of Ilaw Lextal has been very busy working on employee option share investment schemes and overall transactional work, primarily driven by and likely to increase due to rising inflation and interest rates, according to Partner and practice Head Dziuginta Balciune.

While Lithuania is registering an overall slowdown in M&A transactions, the renewables, technology, and healthcare sectors remain dynamic, according to Ellex Partner Ruta Armone.

TGS Baltic has assisted Orion Wealth in obtaining a financial brokerage firm category C license in Lithuania.

Sorainen has advised Litilit on its series A investment round. Ellex advised Taiwania Capital on its EUR 3.5 million investment. Walless advised existing investor Iron Wolf Capital on a further EUR 200,000 participation.

Cobalt, working with Wiersholm, has advised Visma on the sale of its Custom Solutions business to CVC Capital Partners. Ellex, working with Schjodt and Freshfields, advised the buyer.

Sorainen has advised the Green Landscaping Group on its acquisition of Stebule from Stanislovas Tamulevicius. Glimstedt reportedly advised Tamulevicius on the sale.

Sorainen has advised Deutsche Bank and JP Morgan on the Republic of Lithuania’s EUR 1.2 billion international capital markets bond issuance. TGS Baltic and, reportedly, Dentons advised the Republic of Lithuania.

Motieka & Audzevicius has successfully represented Kauno Energija before Lithuania’s Supreme Administrative Court in a dispute with the State Energy Regulatory Council.

Deloitte Legal has advised Van Oord Dredging and Marine Contractors on its successful bid in a tender for a capital dredging works project in Klaipeda Port.

Cobalt has advised LHV Asset Management and LHV pension funds on their financing for the share buyout of the Dimedium Group. Ellex advised Dimedium.

Sorainen and Cobalt have successfully represented buyer UAB Mezon and seller Lietuvos Radijo ir Televizijos Centras, respectively, before the Supreme Administrative Court of Lithuania in a dispute against Telia Lietuva over the transfer of frequencies together with the sold Mezon business.