Motieka & Audzevicius has successfully represented Vilniaus Prekyba, UAB, in its claim for EUR 81.25 million in damages from defendant M. Marcinkevicius arising from Marcinkevicius' unjustified efforts to pause the acquisition of entities controlling the Akropolis shopping centers in Vilnius, Klaipeda, and Siauliai.

Lextal has advised Columbus A/S on the sale of Columbus Eesti AS to its General Manager Ivo Suursoo and Columbus Lietuva UAB to its CEO Dovydas Zinkevicius. Triniti advised the buyers on both deals.

Lithuania's Marger law firm has successfully represented the former CEO of UAB KDS Grupe in a civil case against the bankrupt company.

Ellex has advised the Vilvi Group on the acquisition by its subsidiary AB Vilkyskiu Pienine of 70% of the qualifying holding of the SIA Baltic Dairy Board. Vilgerts advised the seller on the deal.

The Vilnius office of Walless has advised the unidentified founders of the Alwark Group on the sale of 66% of their shares in the company to the KJK Fund III. Cobalt advised the buyer on the deal.

TGS Baltic has successfully represented the former directors and shareholders of bankrupt credit union Amber in a dispute involving a claim for damages.

Sorainen has advised Dexcom on its agreement to lease a 6,000-square-meter office space in Vilnius from Hanner.

Motieka & Audzevicius has advised the UAB Re Verum Group on its acquisition of a funeral home at 22 Olandu Street in Vilnus and UAB Ritualas from UAB Laidotoviu Rumai. TGS Baltic advised the sellers.

On March 4, 2021, CEE Legal Matters reported that Walless had advised Evli Growth Partners as one of the investors in the USD 9.5 million Series B funding round of 3D model trading platform CGTrader. CEEIHM spoke with Riku Asikainen, Managing Partner & Founder at Evli Growth Partners, to learn more about the deal.

Sorainen has successfully represented bankrupt credit union Taupkase (under administration by Klaipedos Administratoriu Biuras) in the Lithuanian Court of Appeal in a case involving the recognition of a credit union share as a deposit.

Sorainen has advised private equity company ConHostinger on the acquisition of an approximately 31% stake in Hostinger, a company providing web hosting, VPS, Internet domain registration, website building software, and e-mail services. TGS Baltic advised the seller, UAB Debesu Slenis, with both TGS Baltic and Motieka & Audzevicius advising Hostinger on the deal.

Fort Legal has advised EfTEN Capital on its acquisition and leaseback agreement with the Arginta Group for three office and industrial buildings in Vilnius. Ellex Valiunas advised the Arginta Group on the deal.

TGS Baltic has advised Norway's Moller Real Estate Baltic AS on the sale of Audi and Volkswagen dealership buildings in Vilnius to UAB Eika Real Estate Fund, managed by UAB Eika Asset Management. Fort advised the buyer on the deal.

Sorainen has advised the Lewben Art Foundation on a public tender for the lease of premises for an art gallery in Vilnius.

Sorainen and Greenberg Traurig have advised Allianz SE on its acquisition of life and non-life insurance operations and the pension and asset management business in Poland and Lithuania — including Lithuanian subsidiary Aviva Lithuania — from the Aviva Group. The Aviva Poland business also includes Aviva’s 51% shareholding in life and general insurance joint ventures with Santander: Santander-Aviva Towarzystwo Ubezpieczen Na Zycie S.A. and Santander-Aviva Towarzystwo Ubezpieczen S.A. Wiercinski, Kwiecinski, Baehr, working with lead counsel Slaughter and May, advised Aviva on the deal in Poland, and Cobalt advised Aviva on Lithuanian aspects. Rymarz Zdort advised Santander.

Shareholder's rights to information in Estonia, Latvia and Lithuania.

On February 1, 2021, CEE Legal Matters reported that Adon Legal had helped Paymont obtain an Electronic Money Institution license from the Bank of Lithuania. CEEIHM spoke with Stefan Koscelnik, CEO at Paymont, to learn more about the matter.

Motieka & Audzevicius, working with Orrick, Herrington & Sutcliffe, has advised Lithuanian start-up Turing College on its relocation to the United States in order to participate in Silicon Valley accelerator Y Combinator.