13
Thu, Aug
62 New Articles

CEE Attorneys has advised fabric manufacturer Agne Chomiciene and Malte Holding Aps on the division of UAB Baltijos Tekstile into two parts, and the consequent EUR 4 million sale of the remainder of the company to long-term business partner Gabriel A/S. KPMG Denmark represented Gabriel A/S in the deal.

Cobalt has successfully represented Evelina Gudzinskaite, the Head of Lithuania's Migration Department, in her challenge to a March 21, 2018 order by the Ministry of the Interior revoking her Class 3 qualification (and thereby reducing her salary by 15%).

Motieka & Audzevicius has assisted the Publicum Group with its acquisition of UAB Good One, a SEO and digital marketing services provider in Lithuania.The sellers were private persons and UAB Media Klubas, which was reportedly advised by Ellex Valiunas.

Cobalt has advised Practica Capital on the launch of a new venture capital fund, Practica Capital Venture II, which will invest in Baltic innovation and technology-driven ventures, with EUR 15 million of public funds committed by Invega and the rest committed by Practica Capital and other local and international investors. Ellex reportedly advised Invega on the deal.

The WINT law firm, led by former TGS Baltic Partners Daiva Usinskaite-Filonoviene and Giedrius Danelius and AAA Law Partner Andrius Iskauskas has opened its doors in Vilnius.

BNT Attorneys Riga Managing Partner Theis Klauberg has announced that he will be taking his team from that pan-Baltic firm on January 1, 2019, to launch an independent firm, Klauberg Baltics, leaving behind former senior associates and now partners Henning Jensen and Karlis Svikis to lead BNT Riga going forward. 

Sorainen has successfully represented Russian commercial bank Alfa Bank in the Lithuanian Court of Appeal in a case regarding the recognition of a decision issued by the London Court of International Arbitration for the EUR 20 million recovery from the owner of Arvi group, Vidmantas Kucinskas.

Lithuanian Knowledge Partner

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

All News about Cobalt can be found here.

 

Our Latest Issue