Cobalt has advised Latvian construction equipment rental company Storent Holdings on its EUR 10.5 million issuance of bonds with an 11% interest rate and December 2025 maturity as well as on their listing on the Baltic Bond List of Nasdaq Riga on June 27, 2023.
Did You Know: 11 Firms Atop 2023 Energy/Natural Resources Leaderboard
Did You Know that a total of 11 law firms have worked on four or more reported Energy/Natural Resources deals in CEE so far this year? According to the Activity Rankings function of the CEELMDirect website, the leaderboard is led by Norton Rose Fulbright, which has worked on ten Energy/Natural Resources deals reported since January 1, 2023.
Cobalt and Vilgerts Advise on Hepsor Latvia's Sale of StokOfiss U30 in Riga to East Capital
Cobalt has advised Hepsor Latvia on its sale of the property located at Ulbrokas Iela 30 in Riga to the East Capital Real Estate Fund IV in a share deal. Vilgerts advised the East Capital fund.
Cobalt Advises Indutrade on Acquisition of Labema
Cobalt has advised Indutrade on its acquisition of Labema.
Cobalt Advises BaltCap on Acquisition of HansaMatrix
Cobalt has advised BaltCap Private Equity Fund III on its acquisition of HansaMatrix via subsidiary SIA Emsco.
Cobalt Successful for Diaspolis in Dispute Over Poor Quality Buckwheat Purchase
Cobalt has successfully represented Polish cereals seller Diaspolis in a dispute over purchased organic buckwheat deemed of poor quality.
Latvia: Supreme Court Sheds Light on Liability of Building Owners for Accidents on Premises
At the end of 2022, the Latvian Supreme Court finally made a judgment in one of the dozens of civil cases stemming from the so-called Zolitude tragedy. 54 people died and dozens were injured back in 2013, when the roof of a trade center located in one of the suburbs of Riga, Zolitude, collapsed.
Cobalt and Walless Advise on Linas Agro Group's Acquisition of Grybai LT
Cobalt has advised the Linas Agro Group on its acquisition of Grybai LT from Auga. Walless advised Auga.
Did You Know: Current 2023 Leaderboard in Estonia
Did You Know that, of the 30 lawyers who have worked on Estonian client matters reported by CEE Legal Matters so far this year, only seven have worked on more than one? The 2023 Estonian leaderboard is currently led by Sorainen Partner Toomas Prangli, who has worked on four reported client matters so far this year.
Cobalt Advises Adampolis Group on Becoming Official MAN Dealer in Finland
Cobalt has advised the Adampolis Group on becoming the official representative of MAN Truck and Bus SE in Finland by acquiring the MAN Truck & Bus Finland business from K-Auto.
Cobalt and Ellex Advise on BaltCap's Acquisition of Senior Baltic
Cobalt has advised BaltCap on its acquisition of Senior Baltic from Orpea. Ellex advised the seller.
Cobalt Advises Change Ventures on Establishing Fund III
Cobalt has advised Change Ventures on launching its EUR 20 million Fund III.
Cobalt Advises Baltu Lanku Vadoveliai on Partnership with Klett Group
Cobalt has advised Baltu Lanku Vadoveliai on its partnership with the Klett group. Reportedly, Sorainen advised the Klett group.
Cobalt Advises 888 Holding on Sale of Two Latvian Businesses to Paf Consulting
Cobalt has advised the 888 Holding on its sale of two Latvian businesses – Mr. Green Latvia and William Hill Latvia – to Paf Consulting for a total consideration of up to EUR 28.25 million. QAP Legal reportedly advised Paf Consulting.
Cobalt Advises Practica Capital on Amlyze Investment
Cobalt has advised Lithuanian venture capital fund management company Practica Capital on its investment in anti-money laundering start-up Amlyze.
Cobalt Advises Baltic Horizon on Sale of Duetto Office Buildings to ECRE IV
Cobalt has advised the Baltic Horizon Fund on its agreement with ECRE IV (Lux) for the full sale of BH Duetto – the owner of the Duetto I and II office buildings in Vilnius, Lithuania.
Cobalt Successful for Republic of Estonia in VEB Fund Case
Cobalt has successfully represented the Republic of Estonia during the judicial proceedings in the VEB Fund case, with the fund having been established 30 years ago to address the issue of banking funds blocked in the Russian Federation.
Capital Markets in Latvia
Contributed by Cobalt.