Cobalt has advised Latvian retail banks Swedbank, SEB, Luminor, and Citadele on a cooperation agreement to ensure accessibility of cash services throughout Latvia.
Cobalt Advises Swedbank, SEB, Luminor, and Citadele on the Cooperation Agreement
Sorainen and Cobalt Advise on Sale of Edrauda.lt to Netrisk Group
Sorainen has advised insurance aggregator Edrauda.lt founders Rima Kazlauskaite and Dainius Alkinas and investor ME Investicija on the sale of their company to online insurance group Netrisk. Cobalt advised the Netrisk Group on the deal.
In a League (Table) of Their Own: A Look at Baltic Firms’ Volume of Client Matters
Regional periodical league tables ranking M&A activity through the lens of the law firms advising on the deals are often dominated by Baltic law firms, with the CEELM Index special issue of the CEE Legal Matters magazine reflecting the same trend. To better understand why that is so, we spoke with several Partners – from both Baltic firms and other CEE jurisdictions.
Sorainen and Cobalt Advise on Technopolis UMA Holding's Sale of UMA Workspace to Workland
Sorainen has advised Finnish Technopolis UMA Holding on the sale of its Estonian and Lithuanian UMA Workspace business to Workland. Cobalt advised Workland on the deal.
Ellex Raidla Advises HHL Group on Acquisition of 4 Million Shares of Ekspress Grupp
Ellex Raidla has advised HHL Group on the acquisition of 4 million shares of Ekspress Grupp from KJK Fund SICAV-SIF. Cobalt reportedly advised SICAV on the deal.
Cobalt Advises Baltcap Infrastructure Fund on Sale of Energia Verde to Gren
Cobalt has advised the BaltCap Infrastructure Fund on the sale of its Energia Verde to Gren.
Cobalt Advises Elektrum Eesti on Acquisition of Imatra Elekter’s Electricity Retail Business
Cobalt has advised Elektrum Eesti on its acquisition of Imatra Elekter’s electricity retail business.
Cobalt Advises on Icefire Sale to Checkout.com
Cobalt has advised on the sale of Estonian software development company Icefire to cloud-based payment solution provider Checkout.com. Ellex Raidla reportedly advised the buyer.
Cobalt Advises VPH Latvia On New Riga Shopping Center Development
Cobalt has advised VPH Latvia on the development of a shopping center on Valdeku street in Riga.
Motieka & Audzevicius Advises on Lithuanian Competition Clearance for Linas Agro Group's Acquisition of Kauno Grudai
Motieka & Audzevicius has advised AB Linas Agro Group on competition clearance in Lithuania for its acquisition of the AB Kauno Grudai group of companies.
Cobalt Advises SEB on New Office Lease from Galio Group
Cobalt has advised SEB on a new lease agreement with the Galio Group.
Cobalt Advised ME Investicija on Investment Project44
Cobalt has advised Lithuanian ME Investicija on its investment in US logistics start-up Project44. Wilson Sonsini Goodrich & Rosati advised the start-up.
Sorainen and Cobalt Advise on Sale of Deeper to Resource Partners
Sorainen has advised the owners and co-founders of castable sonar company Deeper, as well as financial investor Gemini Grupe, on their sale to Resource Partners. Cobalt advised Resource Partners on the transaction.
Cobalt Advises Peranto on Sale of Mockavos Terminalas to Orlen Lietuva
Cobalt has advised Estonian Peranto OU on the sale of UAB Mockavos Terminalas to AB Orlen Lietuva.
Cobalt Successful Pro Bono for Belarusian Journalist Seeking Asylum
Cobalt, acting pro bono, has successfully assisted a Belarusian journalist seeking asylum in obtaining refugee status in Latvia.
Cobalt Advises Treeland OU on Acquisition of Majority Stake in Lido AS
Cobalt has advised Treeland OU on the acquisition of a 51% stake in Latvian catering company Lido AS for an undisclosed amount.
Real Estate and Project Development News
During the last few months number of laws and regulations have been passed in Latvia which have an impact on construction processes, investment in the Latvian real estate and project development.
Cobalt Helps Fortumo with Press Council Complaint
Cobalt has helped Fortumo file a complaint to the Press Council regarding incorrect and misleading articles and headlines in the Aripaev and Postimees publications.
Cobalt at a Glance
COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market.
COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.
We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.
COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables.
More information on Cobalt can be found at www.cobalt.legal.