Greenberg Traurig has advised OTB Ventures on its provision of early stage funding to Ondato, a Vilnius-based company providing know-your-customer compliance management solutions.
Three New Partners at Ellex in Lithuania and Estonia
Giedre Aukstuoliene at Ellex Valiunas in Lithuania and Martin Maesalu at Ellex Raidla in Latvia have made Partner, and Olga Petroseviciene has joined Ellex Valiunas as a Partner.
Cobalt Advises PREF III on Acquisition of Shopping Center in Kaunas
Cobalt has advised the PREF III investment fund on its acquisition of a shopping center in Kaunas from Globalus Investicinia Sprendimai. Ellex Valiunas reportedly advised the seller.
Asta Augutyte-Rapkeviciene and Norman Aas Promoted to Partner at Sorainen
Lithuanian lawyer Asta Augutyte-Rapkeviciene and Estonian lawyer Norman Aas have been promoted to partner at at Sorainen.
Cobalt Advises Betonika on Sale of Factory to Peikko Lietuva
Cobalt has advised Betonika on the sale of its production base in Kaunas to Peikko Lietuva. Wint advised the buyer on the deal.
Deloitte Legal Advises Kursenu ZUB on Intra-Group Restructuring
Deloitte Legal has advised Kursenu ZUB on the intra-group restructuring of its four subsidiaries.
Kristina Sabaliauskiene Becomes Partner at CEE Attorneys in Vilnius
Former Managing Associate Kristina Sabaliauskiene, who heads the firm's Real Estate and Construction practice in Lithuania, has been promoted to partner at CEE Attorneys in Vilnius.
TGS Baltic Successful for LTG Infra in Construction Dispute with Hidrostatyba
TGS Baltic has successfully represented LTG Infra, a subsidiary of Lithuania's Lietuvos Gelezinkeliai railways group, in a dispute with Hidrostatyba over damages allegedly incurred by one of LTG Infra's contractors.
Cobalt Advises SEB Bank and VIPA on Financing Renovation of Schools in Kaunas
Cobalt has advised the SEB Bank and Public Investment Development Agency on their provision of a EUR 8.4 million loan to BaltCap Infrustructure Fund and the Kaunas District Municipality, designed to finance the renovation of schools in the the towns of Zapyskis, Kacergine, and Mastaiciai and the modernization of the Mastaiciai swimming pool.
Walless Helps Safe Connect Obtain Payment Institution License in Lithuania
Walless has helped Safe Connect, UAB, obtain a payment institution license from the Bank of Lithuania, allowing it to to offer payment services indicated in the Republic of Lithuania's Law on Payments.
Vytautas Silinskas Leaves TGS Baltic to Join Lithuania's Ministry of Social Security and Labor
Former TGS Baltic Associated Partner Vytautas Silinskas has left the firm to become Vice Minister at Lithuania's Ministry of Social Security and Labor.
Ellex Valiunas Helps Witty Global Obtain Electronic Money Institution License in Lithuania
Ellex Valiunas has helped Witty Global, UAB obtain an electronic money institution license from the Bank of Lithuania.
Sorainen and TGS Baltic Advise on Lithuania's State Aid Fund's Loan to Enerstena
Sorainen’s Lithuanian office has helped renewable energy company Enerstena obtain a EUR 7 million loan from the country's State Aid Fund for Business. TGS Baltic advised the fund on the deal.
Walless Helps Stanhope Financial Establish Foothold in Lithuania
Walless has helped Stanhope Financial establish a subsidiary in Lithuania and obtain an e-money institution license from the Bank of Lithuania.
Cobalt Advises Practica Capital on Investment in Eneba
Cobalt has advised Practica Capital on its joint investment with other investors of USD 8 million in Lithuanian startup Eneba.
Sorainen Launches Private Client Services Team
Sorainen has formed a Private Client Services team, led by Tallinn-based Counsel Kart Anna Maire Kelder.
Sorainen Advises REInvest Asset Management on Acquisition of SEB Bank's Headquarters in Vilnius
Sorainen’s Vilnius office has advised Luxembourg's REInvest Asset Management and its DEREIF SICAV FIS fund on their acquisition of the building housing SEB Bank's headquarters in Vilnius from the Lords LB Special Fund II.
Sorainen and Wint Advise on Decathlon Agreement with Galio Group in Lithuania
Sorainen has advised Decathlon on its agreement with the Galio Group for the latter to build and lease new stores for it in the Lithuanian cities of Kaunas and Klaipeda. Wint advised the Galio Group on the transaction in Klaipeda.