TGS Baltic has advised BaltCap on its acquisition of Lithuania's Krekenavos Agrofirma meat processing company from UAB Edverita and entrepreneur Linas Griksas. The sellers were reportedly advised by 3Law Miskinis & Partners.
SPC Legal Successful for BUAB Sibimpeksas in Bankruptcy Case
SPC legal has successfully defended BUAB Sibimpeksas shareholders and directors in an intentional bankruptcy case before Lithuanian courts.
Indre Jonaityte-Grice Joins Walless as Head of Real Estate/M&A Transactions
Former Ellex Valiunas lawyer Indre Jonaityte-Grice has joined Walless, where she will head the firm's Real Estate/M&A Transactions practice.
Sorainen Advises Orion Asset Management on Acquisition of Pletros Investicijos
Sorainen has advised investment management company Orion Asset Management on the acquisition by its SPV-39 subsidiary of Pletros Investicijos, the company managing the "Palanga Bypass" — a 8.25 part of the road from Klaipeda to Liepaja in Lithuania — via a public-private partnership.
TGS Baltic Advises AUGA Group on Bond Program and Green Bond Issuance
TGS Baltic has advised AUGA group, AB on a bond program worth up to EUR 60 million and the issuance of EUR 20 million in green bonds in Lithuania.
Fort Advises Gateway Airport Services on Acquisition of Litcargus
Fort Legal has advised Gateway Airport Services on its acquisition of 100% shares of Litcargus, an aircraft ground handling company in Vilnius.
Sorainen Advises InMedica on Public Bond Issuance in Lithuania
Sorainen has advised InMedica medical clinic network on its issuance of bonds planned for listing on First North, an alternative securities market administered by Nasdaq Vilnius.
Sorainen and Ellex Advise on Financing of Veho's Acquisition of Silberauto
Finland's Castren & Snellman and Sorainen have advised the OP Corporate Bank on its provision of financing to Finland's Veho Group for Veho's acquisition of Silberauto. Finland's Dittmar Law Firm and Ellex's three offices in the Baltic advised Veho on the financing, as they had on the acquisition itself.
Ellex Valiunas Advises No Magic Europe UAB on Lease of Office Space in Kaunas Business Center
Ellex Valiunas has advised No Magic Europe UAB, a Lithuanian subsidiary of No Magic Inc., on its lease of 2,000 square meters of office space in the Kaunas Business Center in Lithuania from Kautros Investicijos and NI Pletra.
Cobalt Advises INVL Baltic Forests Fund I on Sale of Lithuanian Forests
Cobalt has advised the INVL Baltic Forests Fund I, managed by INVL Asset Management, on the sale of 100% of shares in UAB Aukstagire and UAB Aukstasile to Silvestica Green Forest Lithuania, which was reportedly advised by 3Law Miskinis & Partners.
ADON Legal Advises Protean Risk Limited on Adaptation of PSD Bond in Lithuania
Lithuania's ADON Legal has advised Protean Risk Limited, a registered broker at Lloyds, on the adaptation of a PSD Bond to Lithuanian law and its coordination with the Bank of Lithuania.
Glimstedt and TGS Baltic Advise on Precia Molen's Acquisition of Milviteka
Glimstedt has advised Precia Molen on the acquisition of 100% of Milviteka UAB from its shareholders, who were advised by TGS Baltic.
Sorainen, TGS Baltic, and Dentons advise on Avia Solutions Group Bond Issuance
Sorainen has helped JP Morgan and BNP Paribas organize a five-year bond issue with a total value of USD 300 million for Avia Solutions Group – a Lithuanian aviation services group ‒ at an annual interest rate of 7.875% and a maturity date of 2024. The bonds were issued in US dollars and distributed in the US and European markets. The Avia group was advised by TGS Baltic and Dentons.
Separated Tvins in Lithuania
After five and a half years, Lithuanian lawyers Vytautas Senavicius and Tomas Talutis have dissolved their Tvins law firm partnership and concluded the operations of the firm.
Fort Advises Eika Real Estate Fund on Acquisition of Vilnius Business Center
Fort Legal has advised Eika Real Estate Fund on its acquisition of Vilnius's Highway business center — an A+ class building with total leasable space of 5700 square meters.
Orrick and Taylor Wessing Advise on Sprint Capital's Investment in Vinted
Orrick has advised Sprint Capital on its investment in Vinted, a website marketplace for second-hand fashion. The entire investment round has a total value of EUR 128 million, with other backers including Lightspeed Venture Partners, Insight Venture Partners, Accel, and Burda Principal Investments. Taylor Wessing and Wilson Sonsini Goodrich & Rosati advised Vinted and Cooley reportedly advised Lightspeed Venture Partners on the deal.
Walless Helps PayRay Obtain Banking License from Bank of Lithuania and European Central Bank
Walless has helped PayRay, a capital financing company based in Lithuania, obtain a full banking license from the Bank of Lithuania and the ECB.
Cobalt Advises Corum Origin on Acquisition of Depo Store in Kaunas
Cobalt has advised French real estate investment fund Corum on the acquisition of 22,000 square meter large Depo DIY store in Kaunas.