Cobalt has advised Practica Venture Capital on its exit from MedDream. Ellex reportedly advised the unidentified buyers.

Compensa Life Vienna Insurance Group SE Head of Legal Baltics Gabija Kuncyte discusses the evolving landscape of cybersecurity and its increasing significance within the legal and financial sectors.

Cobalt has advised the Fern Group on its 2-year EUR 8 million public bond issuance with an offered annual interest rate of 9%.

Cobalt has advised Linas Agro on its acquisition of Elagro Trade for a preliminary amount of EUR 22 million.

TGS Baltic has advised Coinvest Capital on a EUR 825,000 investment in Airvolve alongside Baltic Sandbox Ventures and several accredited business angels.

Contributed by Widen.

Former Triniti Jurex Attorney at Law Deivis Valiulis has joined Eversheds Saladzius' real estate and construction team as Partner, together with Senior Associates Raminta Vilcinskaite and Ruta Brazauskiene, Associate Marius Choniakovas, and Lawyer Dominyka Burneikaite.

TGS Baltic has advised Nala Renewables on its acquisition of a 34-megawatt solar power plants portfolio in Lithuania from Green Genius.

Walless has advised Affidea Lietuva on its acquisition of the Lithuanian business of Synlab Lietuva. Cobalt, working with CMS' office in Germany, advised the sellers.

TGS Baltic, working with Dentons, has advised Siauliu Bankas on a EUR 300 million issuance of 4.25-year senior preferred fixed-rate reset notes. Linklaters and Sorainen reportedly advised the arrangers.

TGS Baltic has advised a shareholder of UNA retail park on the sale of shares to EfTEN.

TGS Baltic has advised Delamode Baltics on funding from ACP Credit.

Cobalt has advised Aquila Clean Energy-managed project company Windfarm Akmene Two on securing a EUR 125 million green loan from SEB Bank.

TGS Baltic has advised Unmanned Defense Systems on a EUR 3.2 million investment from Coinvest Capital, business angel syndicate 2NGLS, and other accredited investors.

Walless has advised Scandi Standard on entering the Lithuanian market via the acquisition of a poultry processing facility and poultry production farms.

Deloitte Legal has advised Medicinos Linija founder Gintaras Dapkus on the sale of i-Dental to Ultradent Products.

Although Lithuania no longer has a national airline, charter companies are popular in the market, especially during holiday periods. Although the Lithuanian aviation industry was heavily affected by the COVID-19 pandemic, no charter company has gone bankrupt. In fact, just recently in spring 2024, one charter company undergoing restructuring finished restructuring procedures earlier than planned and successfully continues its operations from Lithuania.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With managing firm clients being a critical aspect of firms’ operations, we asked: What are the three most important elements when onboarding a new client?