Skrastins & Dzenis has advised Moda Kapitals on the sale of its pawnshop portfolio of consumer credits to the DelfinGroup.

Ellex has advised the BTA Baltic Insurance Company on establishing a EUR 120 million Baltic rental housing co-investment vehicle together with Finnish developer YIT. Hannes Snellman advised YIT on the deal.

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, working alongside Norwegian firm Wikborg Rein, has advised digital identity company Signicat on its acquisition of Baltic electronic signature solution provider Dokobit. Ellex Valiunas advised the seller.

Sorainen has advised the Ignitis Group on the acquisition of three wind farm projects in Latvia. TGS Baltic advised the unidentified seller.

Sorainen has advised Apollo Global Management on its acquisition of a majority stake in AS Graanul Invest. Ellex and White & Case advised the seller. Reportedly, Allen & Overy also advised the buyer.

TGS Baltic has advised the Akropolis Group on the acquisition of a ​​154,000 square-meter shopping center in Riga from Norway-based AMD Holding. Ellex Klavins advised the seller on the deal.

Sorainen has advised Cardinal Health on the sale of Cordis to Hellman & Friedman.

Sorainen has advised Domenikss owner Benita Danilenko on the sale of the company to Veho.

CMS' Malgorzata Surdek-Janicka has been appointed as Vice-President of the International Court of Arbitration at the International Chamber of Commerce in Paris. Aside from Surdek-Janicka, 33 lawyers from CEE were appointed as members and alternate members of the court.

Ellex and Simpson Thacher & Bartlett have advised the Baltic Classifieds Group on its IPO and listing on the London Stock Exchange. Clifford Chance advised sponsor and global coordinator and joint bookrunner BofA Securities and joint bookrunner BNP Paribas.

Cobalt has advised VPH Latvia on the development of a shopping center on Valdeku street in Riga.

Cobalt has advised SEB on a new lease agreement with the Galio Group.

Sorainen has advised Baltic media company Ekspress Grupp on the sale of Printall to Trukitung.

Sorainen has advised real estate project developer Linstow on the acquisition of Sporta 2 quarter from SIA Sporta 2, part of the NP Properties Group.

Walless has advised Mandatum Life on the sale of its life insurance business in the Baltics to the Lithuanian Invalda INVL group. 

Cobalt, acting pro bono, has successfully assisted a Belarusian journalist seeking asylum in obtaining refugee status in Latvia.

On April 22, 2021, CEE Legal Matters reported that TGS Baltic had advised the Evernord Real Estate Fund III, managed by Vilnius-based investment firm Evernord Asset Management, on its acquisition of a 65% stake in Riga's Novira Plaza business center. CEE In-House Matters spoke with Arnas Vedeckis, CFO and Member of the Board at Evernord, to learn more about the deal.