Lauras Butkevicius has joined Ellex’s Lithuanian office as a Partner.
Cobalt Advises Adampolis Group on Becoming Official MAN Dealer in Finland
Cobalt has advised the Adampolis Group on becoming the official representative of MAN Truck and Bus SE in Finland by acquiring the MAN Truck & Bus Finland business from K-Auto.
Banking & Finance in Lithuania
Contributed by Averus.
Cobalt Advises Baltu Lanku Vadoveliai on Partnership with Klett Group
Cobalt has advised Baltu Lanku Vadoveliai on its partnership with the Klett group. Reportedly, Sorainen advised the Klett group.
Ellex Successful for Litesko in Alytus City Heating and Electricity Infrastructure Settlement
Ellex has successfully represented the interests of Litesko in reaching an amicable settlement to a dispute over the Alytus city heating and electricity infrastructure.
Deloitte Legal and PNSA Advise on Bico Industries Acquisition of Iranga Technologijos
Deloitte Legal Lithuania and Popovici Nitu Stoica & Asociatii have advised Bico Industries on its EUR 3.2 million full acquisition of Iranga Technologijos. Triniti Jurex reportedly advised the sellers.
Cobalt Advises Practica Capital on Amlyze Investment
Cobalt has advised Lithuanian venture capital fund management company Practica Capital on its investment in anti-money laundering start-up Amlyze.
Cobalt Advises Baltic Horizon on Sale of Duetto Office Buildings to ECRE IV
Cobalt has advised the Baltic Horizon Fund on its agreement with ECRE IV (Lux) for the full sale of BH Duetto – the owner of the Duetto I and II office buildings in Vilnius, Lithuania.
Motieka & Audzevicius Rebrands to (Just) Motieka
Motieka & Audzevicius has announced that the firm is changing its brand for visual communication to Motieka, while keeping its team and legal structure intact.
Capital Markets in Lithuania
Contributed by Walless.
Sorainen and Cobalt Advise on BaltCap Acquisition of Hansab
Sorainen has advised BaltCap on its acquisition of a 70% stake in the Hansab Group. Cobalt advised Hansab's majority shareholders on the sale.
Audrius Slazinskas, Evaldas Petraitis, and Ruslan Boiko Make Associate Partner at Noor
Former Senior Associates Audrius Slazinskas, Evaldas Petraitis, and Ruslan Boiko have been promoted to Associate Partners at Noor.
Walless Successful for KC Projektai Before Lithuania’s Supreme Court
Walless has successfully represented KC Projektai before the Supreme Court of Lithuania in a state land lease agreement-related dispute.
Lithuania: A Breakthrough Period in Renewable Energy
Lithuania has never been among the leading countries in the field of energy from renewables. Dependence on imported electricity is still high, with just around 30% of electricity demand being produced locally. The installation of various power plants was slow and did not have a strong economic basis, with the main opportunities arising in wind and solar energy.
Sorainen and TGS Baltic Advise on Livonia Partners's Investment in Bagfactory
Sorainen has advised Bagfactory on its investment from Livonia Partners. TGS Baltic advised Livonia Partners.
Ellex Advises EBRD on Loan to Vilniaus Viesasis Transportas
Ellex has advised the EBRD on its EUR 38.23 million secured loan to Vilnius city municipality-owned public transport company Vilniaus Viesasis Transportas for the renewal of Vilnius public transport.
Karolis Gudas Returns to Private Practice by Launching New Firm
Former Rail Baltica Head of Litigation Karolis Gudas has returned to private practice to launch his eponymous Karolis Gudas Law Firm.
Sorainen’s Crespect Receives Legal-Tech Product Development Grant and Closes Seed Investment Round
Sorainen’s cloud-based legal practice management spin-off Crespect has received a EUR 227,000 innovative product development grant from the European Regional Development Fund and has also closed its EUR 605,000 seed investment round.