Averus has advised the bankruptcy administrator of BUAB Lietuvos Juru Laivininkyste on the successful completion of bankruptcy procedures and the removal of the company from the Register of Legal Entities.

Walless has successfully advised Litvalda during the merger clearance procedure related to its acquisition of sole control of 13 companies in the real estate rental market.

Sorainen has advised Inion on the investment into the company of EUR 50,000 by Contrarian Ventures, a smart energy venture fund powered by Lietuvos Energija.

Sorainen has successfully represented the Luksiu Pienine milk producer in a dispute with another Lithuanian milk processor over alleged unfair competition and trademark infringement.

SPC Legal has advised East Capital Investment on the sale of an unidentified piece of real estate in Lithuania to a group of unidentified buyers. The buyers were represented by Relegal.

The Vilnius office of TGS Baltic has advised the AB Avia Solutions Group on its merger with its subsidiary in Cyprus.

Walless provided Lithuanian counsel and Israel's Barnea Jaffa Lande & Co. was lead counsel to BLender P2P Israel Ltd on its generation of a total of USD 22 million in debt financing from Eiffel Investment Group SAS and equity investment by Asia Plus Group Holdings PCL, Blumberg Capital, and the Aviv Group. Glimstedt advised Eiffel on the debt financing.

Fort has advised EfTEN Real Estate Fund 4 on its acquisition of the shares of the company managing the River Mall shopping center and the newly-constructed River Hall business center in Kaunas, Lithuania, from a member of the Sirin group.

Walless has advised Revolut on a lease agreement with Norway's Schage group of companies in Vilnius's Quadrum Business City. TGS Baltic reportedly advised Schage on the deal.

Walless has helped Simplex obtain an e-money license from the Bank of Lithuania.

Adon Legal has helped UAB Kredito Partneris set up business operations and be placed on the list of lenders with the Bank of Lithuania.

Sorainen has advised Capitalica Baltic Real Estate Fund I on its entrance to the alternative First North market in Lithuania.

Sorainen has successfully represented insolvent credit union Taupkasė in a domain registration case.

Sorainen Lithuania has advised telecommunications company Bite Lietuva on the implementation of a new employee motivation system.

Cobalt has advised Practica Capital on its investment in startup Oxipit. The EUR 1.5 million seed round was co-led by Practica Capital, Koinvesticinis Fondas and various business angels. Sorainen advised Oxipit on the deal.

Giedre Dailidenaite, Partner at Primus Derling in Vilnius, says the recent news in the Lithuanian legal community involves FinTech regulations, “in particular involving the difficulties FinTech businesses are facing with anti-money laundering and data protection issues.”

Motieka & Audzevicius has assisted 70 Ventures, UAV, with the preparation of its investment funds using the Accelerator Fund of Lithuania's Ministry of Economy and Innovation.

Primus Derling has advised Polish feature phone manufacturer Maxcom SA on its EUR 280,000 acquisition of 20.15% of Rubbee, a Lithuanian manufacturer of electric bicycle drives.