Sorainen has advised Invalda INVL on the EUR 40.2 million merger agreement with Siauliu Bankas for the merger of both companies' retail businesses.
Hot Practice: Dziuginta Balciune on Ilaw Lextal’s Corporate and M&A Practice in Lithuania
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.
A (2020) Familiar Vibe in Lithuania: A Buzz Interview with Ruta Armone of Ellex
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 Helps Orion Wealth Obtain a Financial Brokerage C License
TGS Baltic has assisted Orion Wealth in obtaining a financial brokerage firm category C license in Lithuania.
Sorainen, Ellex, and Walless Advise on Litilit's EUR 3.7 Million Taiwania Capital-Led Series A
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 and Ellex Advise on Visma’s Sale of Custom Solutions Business to CVC Capital Partners
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 Advises Green Landscaping Group on Acquisition of Stebule
Sorainen has advised the Green Landscaping Group on its acquisition of Stebule from Stanislovas Tamulevicius. Glimstedt reportedly advised Tamulevicius on the sale.
Sorainen and TGS Baltic Advise on Lithuania’s EUR 1.2 Billion Bond Issuance
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 Successful for Kauno Energija Before Lithuania’s Supreme Administrative Court
Motieka & Audzevicius has successfully represented Kauno Energija before Lithuania’s Supreme Administrative Court in a dispute with the State Energy Regulatory Council.
Deloitte Legal Advises Van Oord Dredging and Marine on Klaipeda Port Capital Dredging Works Tender
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 and Ellex Advise on LHV Financing for Dimedium Group Share Buyout
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 Successful for UAB Mezon and LRTC Before Supreme Administrative Court of Lithuania
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.
Sorainen Advises INVL Baltic Sea Growth Fund on Investment in LuxVet
Sorainen has advised the INVL Baltic Sea Growth Fund on its investment in LuxVet through INVL portfolio company MiniVet. DLA Piper’s Luxembourg office reportedly advised the INVL Baltic Sea Growth Fund as well.
Cobalt Advises Piton Capital on Investment in Ovoko
Cobalt has advised British venture capital fund Piton Capital on investing in Lithuanian car parts trading start-up Ovoko. Noor reportedly advised Ovoko on the investment.
Jonas Sakalauskas and Vaidas Rakauskas Join Averus
Former AAA Law Partner Jonas Sakalauskas and AAA Law Attorney-at-Law Vaidas Rakauskas have joined Averus as a Partner and an Associate Partner, respectively.
Andersen Global Enters Cooperation Agreement with Lextal Legal
Andersen Global has entered into a collaboration agreement for the Baltic region with Lextal Legal, adding three locations to its existing network: Lextal in Estonia, RER Lextal in Latvia, and iLaw Lextal in Lithuania.
TGS Baltic and Walless Advise on InMedica’s Acquisition of Vilnius Implantology Center Clinic
TGS Baltic has advised InMedica on its acquisition of the Vilnius Implantology Center Clinic from the OP Group. Walless advised the seller.
Ellex Advises Bigbank on EUR 20 Million Subordinated Bond Issuance
Ellex has advised Bigbank on its EUR 20 million issuance of subordinated bonds.