Glimstedt, acting on behalf of Sanitex UAB, has successfully persuaded Lithuania's Supreme Court to refuse to recognize and enforce a Serbian arbitration award against the Serbian state privatization agency.
Glimstedt has advised AB Grigeo and UAB Grigeo Investiciju Valdymas on an investment and shareholders agreement regarding a EUR 30 million investment into the companies by UAB BSGF Salvus, a subsidiary of the INVL Baltic Sea Growth Fund private equity fund.
TGS Baltic has advised KuB Koinvesticinis Fondas and Sorainen advised Open Circle Capital on their joint investment of EUR 200,000, made with the Lithuanian network of business agents LitBAN, in artificial intelligence start-up Attention Insight.
Fort has represented 200 buyers of non-issued Snoras shares before the Vilnius Regional Court in their claim in their successful claim for procedural interest for the period of litigation against the Lithuanian state enterprise Deposit and Investment Insurance.
Lithuania's WINT law firm has promoted lawyers Tomas Bairasauskas and Marius Matiukas to Associate Partners, with Bairasauskas now leading the firm's Insolvency practice and Matiukas leading the Banking and Finance team.
Motieka & Audzevicius has advised Orion Private Equity Fund I on the acquisition of a stake in Lithuania's Alna Business Solutions, Alna Software, and DocLogix IT companies. Cobalt advised Alna Group, the seller.
Eversheds Sutherland Ots & Co has advised Apax Partners and Media Investments & Holding OU on the acquisition of the Baltic Classifieds Group, a portfolio of online classified advertising platforms in the Baltics. The transaction is expected to close by July 2019.
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.