Lithuania’s fintech market is expanding, while inflation and implementing a sanctions regime create obstacles for businesses and the general public, according to Adon Legal Managing Partner Donatas Sliora.
Clifford Chance and Filip & Company Advise on EUR 127 Million Financing for Green Group
Clifford Chance has advised the Green Group on a EUR 127 million financing from a syndicate of banks. Filip & Company advised the lenders. Linklaters reportedly advised the lenders as well.
Sorainen and Cobalt Advise on Lords LB Sale of Klaipeda Shopping Center to Union
Sorainen has advised the Lords LB Baltic Fund III on the share-deal sale of a shopping center in Klaipeda to the Union RE Core Fund I. Cobalt advised the buyer.
Motieka & Audzevicius, Gessel, and Ellex Advise on Vercom’s Acquisition of MailerLite
Motieka & Audzevicius has advised the sellers on the EUR 84 million sale of Lithuanian startup MailerLite to Polish technology company Vercom. Gessel and Ellex advised the buyer.
Sorainen and TGS Baltic Advise on Establishment and Financing of SB Modernisation Fund
Sorainen has advised Siauliu Bankas on establishing the SB Modernisation Fund for renovating apartment buildings and signing loan agreements worth EUR 275 million with investors. TGS Baltic advised the European Investment Bank on granting a EUR 90 million loan – together with the Government of Lithuania – to Siauliu Bankas for the new fund.
TGS Baltic Advises I Asset Management on EU-Wide Management License
TGS Baltic has advised I Asset Management on obtaining an alternative investment fund manager license under the Alternative Investment Funds Managers Directive, to operate throughout the EU.
Cobalt and Walless Advise on Avena's Sale of Grain Trade Business to Scandagra
Cobalt has advised Avena Nordic Grain on the sale of its Estonian and Lithuanian grain trade businesses to the Scandagra Group. Walless advised Scandagra on the deal.
Motieka & Audzevicius and TGS Baltic Advise on Merger Clearance for Medicinos Bankas Acquisition
Motieka & Audzevicius has assisted AAA Capital with obtaining merger clearance from the Lithuanian Competition Council for its acquisition of Medicinos Bankas. TGS Baltic advised Medicinos Bankas and sellers Konstantinas Karosas and Western Petroleum Limited on the merger clearance process.
Walless Advises on Taupa's Debt Securities Issuance
Walless has advised the Taupa credit union on its seven-year subordinated bond issuance.
On a New Adventure: Patricia Gannon Announces Platforum 9
CEE Legal Matters readers will likely be familiar with Patricia Gannon as one of the founders of Karanovic & Partners. Since her withdrawal from the firm (reported by CEE Legal Matters on September 21, 2020), Gannon ran her own "holistic strategic advisory business" (as reported on October 12, 2020) and, recently, she announced she is working on a new social media app for lawyers – Platforum 9. We caught up with her to learn more about her new project.
Marijus Krisciunas Returns to Private Practice by Joining TGS Baltic
Former Utenos Trikotazas Chief Commercial Officer Marijus Krisciunas has joined TGS Baltic as a Partner.
The Buzz in Lithuania: Interview with Dalia Tamasauskaite-Ziliene of TGS Baltic
The record year for M&A transactions, the emergence of new startups, and a new draft on company law get lawyers talking in Lithuania, according to TGS Baltic Partner Dalia Tamasauskaite-Ziliene.
Andrius Ivanauskas Joins Walless
Former Glimstedt Partner Andrius Ivanauskas has joined Walless.
London Calling: Interview with Vladimir Rangeloff, Managing Partner of Kambourov & Partners
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Vladimir Rangeloff of Kambourov & Partners to learn what they are looking forward to the most.
The Buzz in Lithuania: Interview with Ligita Ramanauskaite of Magnusson
The Lithuanian government seems to be jumping from one fire to another between war-related crises, high inflation rate and fuel prices, and a lack of commodities, according to Magnusson Managing Partner Ligita Ramanauskaite.
London Calling: Interview with Silvije Cipcic-Bragadin, Director of Cipcic-Bragadin Mesic and Associates
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Silvije Cipcic-Bragadin of Cipcic-Bragadin Mesic and Associates to learn what they are looking forward to the most.
London Calling: Interview with Gabor Bebok, Partner of Pontes Budapest
On April 5, 2022, leading lawyers from across all of CEE will be coming together for the Dealer's Choice Conference and Deals of the Years Awards Banquet. Leading up to the event, we spoke with Gabor Bebok of Pontes Budapest to learn what they are looking forward to the most.
Deal 5: Olympic Casino Group Baltija GC Monika Jakume on Defense Before Supreme Administrative Court of Lithuania
On December 6, 2021, CEE Legal Matters reported that Motieka & Audzevicius had successfully defended Olympic Casino Group Baltija before the Supreme Administrative Court of Lithuania. CEE In-House Matters spoke with Monika Jakume, Legal Counsel at Olympic Casino Group Baltija, to learn more about the matter.