Noerr was lead counsel to Union Tank Eckstein in relation to its acquisition of 51% of the shares of Polish company Timex Card, a franchisee and distributor of UTA service cards for car fleets issued by Union Tank Eckstein. Ellex advised UTA on Estonian, Latvian, and Lithuanian matters, Nobles advised UTA on Ukrainian law, and Stelios Americanos advised it on Cypriot law issues. The sellers depended on their in-house counsel, Agnieszka Slowiak.

The Supreme Court of Lithuania has established a precedent that tightened rules on personal liability for directors of companies. 

Former Cobalt Senior Associate Karolis Smaliukas has joined TGS Baltic as Associate Partner and assumed responsibility for the development of the Public Procurement practice group.

Ellex has consulted Baltpool, the Lithuanian Energy Exchange operator, on launching the BiomassPool Aps biofuel exchange in Denmark with Kenneth Lykkedal, a Danish energy entrepreneur.

Sorainen has promoted Estonian lawyers Mihkel Miidla and Paul Kunnap and Lithuanian lawyers Augustas Klezys and Mantas Petkevicius to the firm's partnership.

Ellex has advised Cognizant Worldwide Limited business and technology consulting company on its acquisition of the remaining 34% of shares in Cognizant Technology Solutions Lithuania from Storebrand, giving it full ownership of the company.

Partner Linas Sesickas has been appointed Managing Partner of Glimstedt's Vilnius office. 

Tvins has advised the shareholders of the Mundus UAB asset management company on the sale of 51% of their shares to INVL Asset Management UAB. 

Sorainen has advised the Modus Group on the merger of its UniPark brand with Parkdema, managed by the Energy and Infrastructure SME Fund of investment company Lords LB Asset Management. Lords was advised by Cobalt on the deal, which, following approval from the Lithuanian Competition Council, is expected in March 2018.

Cobalt had successfully represented and defended the German company Danpower in an extraordinary case against the Lithuanian Ministry of Energy. In ruling for Danpower, the Supreme Administrative Court of Lithuania held that the Ministry of Energy had illegally suspended the German company’s investments in a new bio-fuel plant in Vilnius.

Sorainen has advised Orion RE Income Fund I, managed by real estate development company Orion Asset Management, on the acquisition of the B66 business center in Kaunas, Lithuania, from developer YIT Kausta Bustas. 

A favorable tax system is viewed as one of the most significant incentives for foreign investment in a given country. According to this year’s World Bank’s and PwC Paying Taxes study, Lithuania ranks 27th globally in terms of the ease of paying taxes. It is indeed a high standing, ahead of other CEE countries such as Romania, Poland, Slovakia, and Hungary. We dare say the ranking accurately reflects the efficient operation of Lithuania’s tax system. 

Sulija Partners Law Firm Vilnius has advised a subsidiary of aircraft leasing company AviaAM Leasing on the sale of an Airbus A321-211 aircraft from its fleet with an operating lease contract with Yamal Airlines to a subsidiary of GTLK Europe. GTLK Europe Ltd. was advised by DLA Piper’s London and Moscow offices.

Primus has represented the AUGA Group in int acquisition of 100% shares of UAB Arginta Engineering for EUR 6.4 million. Arginta Engineering was represented by Ellex Valiunas. Closing is contingent on the approval of the Competition Council of the Republic of Lithuania.

TGS Baltic has represented the interests of Jonaiciai Ir Ko, a private gynecology clinic, in litigation against Lithuania's State Tax Inspectorate after the clinic was ordered to prepare patients’ health files for a period of three years for tax inspection purposes.

According to a formal agreement signed on January 18, 2018, Ellex Valiunas will work together with the Vilnius Gediminas Technical University to stimulate the development of autonomous vehicles such as self-piloted aircraft and self-driving cars in Lithuania.

TGS Baltic has advised the Fluid Handling Solutions business group of Axel Johnson International on its acquisition of Bahr Pump OU in Estonia, Pumptechnique SIA in Latvia, and Flow Technologies UAB in Lithuania.

TGS Baltic has represented Credit Value Investments and the funds managed by it on their investment in bonds of AB Civinity. AB Civinity was reportedly advised by PwC.