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Motieka & Audzevicius Advises on Cross-Border Swap of Shares

Motieka & Audzevicius Advises on Cross-Border Swap of Shares

Lithuania
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Motieka & Audzevicius has advised Wisdom Events, an event and business meetings organizer, on a cross-border swap of shares that involved partners splitting into different jurisdictions.

Half of the share portfolio in Wisdom Events' Russian business has been swapped for a 50% share portfolio in the Lithuanian business. As a result of the transaction, Wisdom Events has become the sole owner of the Lithuanian company, and left the Russian company. 

The Motieka & Audzevicius team responsible for the negotiations process, coordination of processes abroad, preparation of documentation, and title registration matters was led by Partner Giedrius Kolesnikovas and Senior Associate Michail Parchimovic.

 

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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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