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Lithuania’s TVINS law firm has advised UAB Albineta on the conclusion of a franchise agreement involving permission for the other party to use Albineta’s "Thierry kepykla” trademark.

Valiunas Ellex has advised Danske Bank on the signing of a lease for a "better and bigger IT center” in Vilnius – a new contract for rental of a 12,000 square meter office building signed with real estate company M.M.M. projects. The firm describes the contract as the largest lease transaction in Lithuania this year.  

Tark Grunte Sutkiene and Varul's Estonia office have signed a memorandum of understanding to tie up and, in their words, "form a stronger Baltic partnership.” Going forward, Tark Grunte Sutkiene — which will continue to operate under that name — will employ over 140 lawyers across the Baltics.

Rokas Janauskas has joined CEE Attorneys in Lithuania as a Managing Associate (and, simultaneously, as an Associate Partner of the Lithuanian office in particular) in charge of the Pharma group in the Vilnius office.

Women’s Day is behind us, but the subjects of gender equality and equal opportunity are of year-round concern. This, the first part of a special two-part CEE Legal Matters article on women in private practice in CEE, provides the numbers and percentages from leading law firms across CEE, as well as a more thorough snapshot of one representative market. Part II of the report, in the June issue, will pull back the curtain even more, providing feedback and perspectives from lawyers across the region.

The Lithuanian office of CEE Attorneys has advised the Audejas Group, Lithuania's upholstery and decorative fabrics producer and furniture retailer, on what the firm calls "several interrelated complex real estate transactions with a total value of more than EUR 11 million." According to the a statement released by CEE Attorneys, the deal "paved the way for the modernization of the Group’s production facility and a furniture center."

Glimstedt has advised the Vienna Insurance Group on its acquisition of a majority of shares of the BTA Baltic Insurance Company, which is headquartered in Latvia and has branch offices in Lithuania and Estonia. Vilgerts advised BTA on the deal. The purchase agreement is subject to regulatory approval. Neither the percentage of shares acquired by VIG, nor the value of the acquisition, was disclosed.

Sorainen and Weil Gotshal have advised Providence Equity Partners on its acquisition of the Bite telecom group from Mid Europa Partners for an undisclosed value. Cobalt and Freshfields Bruckhaus Deringer advised Mid Europa Partners in the transaction, which is expected to close in the first quarter of 2016.

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.

 

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