Cobalt has advised Corum Origin on the acquisition and leaseback transaction of the ELKO Group headquarters office and warehouse in Riga for EUR 14.6 million. Ellex Klavins advised ELKO Group on the sale.
Ellex Raidla has advised Estonian pension fund manager LHV Varahaldus and LHV Bank on their equal subscription to and acquisition of EUR 10 million in secured notes issued by Transpordi Varahaldus, Estonia's state-owned holding company, to finance its purchase and leasing to Estonian airline Nordica of a Bombardier CRJ900 jet. Transpordi Varahaldus [TVH] was advised by Triniti, Derling Primus acted as the security agent appointed by the finance parties, and Nordica was advised by the Tark law firm.
WKB Wiercinski, Kwiecinski, Baehr, working with lead counsel Morgan, Lewis & Bockius, has assisted ShopRunner, Inc. with its acquisition of both the enterprise of Spring NYC, Inc., and that of its Polish subsidiary, Spring Poland Sp. z o.o.. Cooley was global counsel to the sellers, with Kubas Kos Galkowski advising with regard to the Polish aspects of the transaction.
Law firm Miro Senica and Attorneys has advised household appliance manufacturer Gorenje d.d., on its December 20, 2018 sale of Gorenje Surovina d.o.o., a waste management services provider in Slovenia, to Eko Surovina d.o.o., a member of the Rastoder Group. Rojs, Peljhan, Prelesnik & Partners advised the buyers on the deal.
Cobalt, working with Linklaters in Poland, Homburger in Switzerland, and Arendt & Medernach in Luxembourg, is representing SEB Bank in allocating EUR 80 million financing for the development of Lithuania's joint-stock stevedoring company Klaipedos Smelte. Allen & Overy is reportedly advising Klaipedos Smelte.