Sorainen has advised Decathlon on its agreement with the Galio Group for the latter to build and lease new stores for it in the Lithuanian cities of Kaunas and Klaipeda. Wint advised the Galio Group on the transaction in Klaipeda.

DLK Legal has helped Lithuania's Finnovative Solutions UAB obtain a payment institution license from the Bank of Lithuania to provide Account Information Services and Payment Initiation Services.

Sorainen has advised TC Investicija on the sale of a building in Kaunas, Lithuania, to Integrated Stars. Financing for the transaction, which closed on December 9, was provided by Citadele Bank.

Motieka & Audzevicius has created an Anti-Money Laundering and Counter-Terrorist Financing program for Newsec Advisers LT.

The Vilnius office of Cobalt has advised Practica Capital on the EUR 1 million investment it made along with a group of other, unidentified, private investors in the RRR.lt online platform for the sale of used car parts. Wint advised the owner of the platform on the deal.

Sorainen’s Lithuanian office has advised Emotika on attracting a EUR 100,000 investment from an unspecified US-based investor.

Sorainen’s Lithuanian office has advised the SBA Group on its EUR 28.6 million sale of a logistics center and a furniture component factory to Estonia’s EfTEN Real Estate Fund 4. Fort advised the buyer on the deal.

The Vilnius District Prosecutor's Office has terminated a pre-trial investigation against the former Speaker of the Lithuanian Parliament, Arunas Valinskas, involving charges of incitement of hatred. Cobalt represented Valinskas in the process.

Ieva Povilaitiene has been promoted to Partner and Vytautas Silinskas, Indre Barauskiene, and Dovile Armalyte have been promoted to Associate Partner at TGS Baltic in Lithuania.

On October 28, 2020, CEE Legal Matters reported that Triniti Jurex had successfully helped Termolink obtain damages from a general contractor for work the company performed on an unspecified project. CEEIHM spoke with Valdas Garmus, Director at the Termolink, to learn more about the dispute.

Walless has advised Capitalica Baltic Real Estate Fund I on the issuance of EUR 3 million bonds and their November 30, 2020 listing on the First North market of Nasdaq Vilnius on November 30, 2020.

Walless has helped Crius LT obtain a specialized banking license from the European Central Bank, following the Bank of Lithuania’s assessment and proposal.

Walless has advised Norway’s BCP Logistic Property III on its approximately EUR 10 million sale of the 18,000 square meters logistics center Lithuania’s Vinges Terminalas.

Sorainen’s Lithuanian office has advised the INVL Sustainable Timberland and Farmland Fund II on its EUR 13.6 million acquisition of seven companies from the Linas Agro Group.

Triniti Jurex has defended the interests of AB Lietuvos Radijo Ir Televizijos Centras against the Darnu Group in an EUR 6 million real estate sale dispute before the Supreme Court of Lithuania.

TGS Baltic has successfully represented Lithuanian Airports in a dispute with the Active Construction Management over major repairs carried out in Vilnius Airport.

Sorainen has advised the Modus Group on launching a second public bond issuance, expected to attract investment of EUR 8 million. The bonds are being distributed by Saiuliu Bankas and will be traded on First North, an alternative market administrated by Nasdaq.

Squire Patton Boggs and Eversheds Sutherland have advised the Miss Group on its acquisition of Interneto Vizija from its founders. Walless advised the sellers on the deal.