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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.