Walless has helped the Ambr Group’s set up a Lithuanian subsidiary — Ambr Payments UAB — and obtain an electronic money license from the Bank of Lithuania to issue electronic money and provide payment services.

Ellex Valiunas has persuaded the Supreme Court of Lithuania to rule that the Kaunas City Municipality may continue centralizing food purchases for pre-school education institutions.

TGS Baltic has advised venture capital fund Koinvesticinis Fondas and four other business angels on their investment of EUR 210,000 in Lithuanian start-up Funkciniai Gerimai. Cerniauskas & Partners reportedly advised Funkciniai Gerimai on the deal, while Glimstedt advised the business angels investing.

Ellex Valiunas has advised Quaero European Infrastructure Fund II on the acquisition of 100% of shares in UAB Duomenu Logistikos Centras from energy company Ignitis Group and Litgrid. TGS Baltic advised the sellers on the transaction, which is due to close in July and was valued at EUR 10.1 million.

Sorainen has successfully defended the interests of racing organizer NASCAR in disputes involving the registration of the company's trademark in Lithuania, Latvia, and Estonia.

Cobalt has advised APX on an unspecified pre-seed investment in Haslle.

Sorainen has advised venture capital fund Open Circle Capital on an unspecified investment in Lithuanian marketing startup Billo. SPC Legal advised Billo on the deal.

Agne Jonaityte has joined Primus Derling as Head of the firm's Lithuanian Banking & Finance practice.

On May 28, 2020, CEE Legal Matters reported that Cobalt had advised Lithuania's AB Lietuvos Radijo ir Televizijos Centras - Telecentras on the sale of its data transmission and digital television business developed under the Mezon brand to the Bite Group. We spoke Aida Raziulyte, General Counsel of Telecentras, to learn more about the deal.

 “The Lithuanian Government has implemented multiple measures to combat the COVID-19 crisis,” says Rokas Bukauskas, Head of PwC Legal in Lithuania. “It all started with postponing tax payments from the companies which were affected the most, then went on to providing compensation to employees and other measures."

Sorainen has advised Danielius Merkinas and Ceslovas Kazlauskas, the founders of NNL LT, on the acquisition of a 44% stake in NNL LT from Litcapital through an acquisition vehicle. TGS Baltic advised Litcapital.

TGS Baltic and Dentons have advised Ignitis group on the approval of its renewed EUR 1.5 billion medium-term debt securities program and EUR 300 million bond issuance. Clifford Chance and Walles advised intermediaries BNP Paribas, Citi, J.P. Morgan, and Luminor bank.

The Lithuanian life sciences industry has skyrocketed over the last two decades – the average annual growth within the biotechnology and pharmaceutical research and production sector reached over 19%, with 90% of its output exported. in 2017 Lithuania reached 16th place in the Scientific American Worldview biotechnology rankings. Lithuania dominates many (much) larger Central and Eastern European countries and boasts the fastest growing life science industry in Europe.

Cobalt has advised Lithuania's AB Lietuvos Radijo ir Televizijos Centras - Telecentras on the sale of its data transmission and digital television business developed under the Mezon brand to Lithuania's Bite Group.

TGS Baltic has successfully defended the interests of TV Play at the Supreme Administrative Court of Lithuania against the Radio and Television Commission of Lithuania in a dispute involving the "must carry" obligation under Lithuanian law.

Motieka & Audzevicius has successfully represented the Republic of Serbia before the Lithuanian Court of Appeals in a case regarding the enforcement of Serbia’s EUR 12 million claim against an unspecified Lithuanian company.

Ellex Valiunas has advised Northern Ireland's Mzuri Holdings on the acquisition of 60% stake in Lithuanian window covering manufacturer Domus Lumina. Euroteises Biuras reportedly advised Domus Lumina.

Laura Augyte-Kamarauskiene, the founder of the Lexem Law Partnership, has brought her entire team to Glimstedt.