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.
On September 8, 2020, CEE Legal Matters reported that the Lithuanian office of Cobalt had advised INVL Baltic Sea Growth Fund on its acquisition of a 48% stake in MBL from Accession Mezzanine Capital III and the Lauritsen family. CEEIHM spoke with Nerijus Drobavixius, Partner at INVL Baltic Sea Growth Fund, to learn more about the deal.
On October 12, 2020, CEE Legal Matters reported that Triniti Jurex had advised Restaurant Group Fortas in a dispute with an unnamed insurance company. CEEIHM spoke with Valdas Merzvinskas, General Manager at the Restaurant Group Fortas, to learn more about this matter.