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TGS Baltic has advised Maxima Grupe, which controls the largest food retail group in the Baltics, on structuring a commercial paper program, and issuing EUR 40 million of notes under it. Luminor bank acted as the sole arranger and book-runner of the offering.

Cobalt, working with lead counsel McCann FitzGerald, has advised Irish aircraft lessor Genesis on its strategic alliance with Heston Aviation to create Heston Airlines. Averus reportedly advised Heston Aviation on the deal, which also included the leasing of a number of A320 aircraft.

Sorainen has helped Lithuanian 3D model trading platform CGTrader attract USD 9.5 million in a Series B funding round from Mikael Hed, Evli Growth Partners, LVV Group, and Karma Ventures. Walless advised Mikael Hed and Evli Growth Partners and Cobalt advised Karma Ventures on the deal.

Motieka & Audzevicius has persuaded the Supreme Court of Lithuania to reverse the ruling by the Court of Appeals to dismiss the claims by bankrupt Lithuanian national airline company FlyLAL against airBaltic and the Riga International Airport and order the case returned for reconsideration.

Sorainen, working with London-based Gowling WLG, has advised Reorg, a provider of financial and legal intelligence, on its acquisition of Aggredium Finance, a specialist in European sub-investment grade credit bond and loan data.

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