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On May 18 and 19, 2015, separate press releases came across the wire, announcing that the Lithuanian and Latvian offices of two of the top pan-Baltic alliances – Raidla, Lejins & Norcous (RLN) and Lawin – had, in essence, dissolved, traded Estonian offices, and reorganized. The former Lithuanian and Latvian members of RLN and the former Estonian member of Lawin re-formed as Cobalt, while the former Lithuanian and Latvian offices of Lawin and the former Estonian office of RLN re-formed as Ellex.

The Latvian and Lithuanian offices of Raidla Lejins & Norcous (RLN) and the Estonian office of Lawin have left their firms to join forces in what they describe as "a vibrant new pan-Baltic alliance.” The result — “Cobalt” — also includes an office in Belarus. As a result, Irmantas Norkus, the Managing Partner of Cobalt’s Lithuanian office said yesterday, “RLN is dissolved as of today.”

Spilbridge has successfully represented Yelverton Investments before the European Court of Human Rights in a dispute against the Republic of Latvia in what the firm describes as "a helpful example to understand certain remnants of the Soviet system in the Latvian judicial system.”

Magnusson International has announced that it is "discontinuing cooperation with the current Riga and Minsk teams” effective as of August 16, 2014. The northern European firm maintains its offices in Sweden, Germany, Ukraine, Russia, Denmark, Lithuania, Estonia, Norway, and Poland.

cliffordchance.com

Sorainen has announced that Latvian real estate and construction expert Laine Skopina and her team have joined the firm’s Riga office, where she becomes the firm’s 25th partner.

Varul’s M&A team advised on the sale of shares in the Cinamon Group of companies from GILD Arbitrage venture capital fund to DLT Capital, an Estonian company owned by Russians Tatjana Tolstaja and Vitaly Yakovlev.

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