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Primus Derling Successful for PriceOn in Supreme Court of Lithuania

Primus Derling Successful for PriceOn in Supreme Court of Lithuania


Primus Derling has successfully represented founders of PriceOn in a dispute before the Supreme Court of Lithuania.

The dispute lasted for five years and was based on claims from PriceOn investors. The Supreme Court ruled in favour of the PriceOn founders and overturned previous decisions of the court of the first instance and the court of appeals. 

According to Primus Derling, the award of the Supreme Court of Lithuania not only defended PriceOn against significant claims of the investors but also will serve as a reference point for start-ups in Lithuania.

The Primus Derling team consisted of Partner Marius Devyzis, Senior Associate Martynas Kalvelis, and Associate Ingrida Maciute

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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