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M&A Successful for Public Non-Profit Deposit System Administrator

M&A Successful for Public Non-Profit Deposit System Administrator

Lithuania
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Motieka & Audzevicius has successfully defended the interests of public non-profit deposit system administration institution Uzstato Sistemos Administratorius in contractual litigation.

M&A reports that the claimant — a manufacturer of soft drinks and alcoholic beverages — claimed that the reverse vending machines administered by USA did not accept the claimant's packages and demanded compensation for the resulting contractual damages. According to the firm, "we proved to the court that the claim is groundless and no client’s obligation to make payments to the counter-party exists. The Court of first instance fully rejected the claim."

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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