Marger Law Firm has successfully represented Lithuania’s Svencionys municipality in a dispute about the effectiveness of a previous arbitration award with an unspecified contractor that was heard by the Supreme Court of Lithuania.

Ellex Valiunas has helped Curve obtain an electronic money institution license from the Bank of Lithuania and transfer its European activities to the country.  

Triniti Jurex has successfully helped Termolink obtain damages from a general contractor for work the company performed as a constructor on an unspecified project.

Cobalt has advised the Latvian private healthcare group Repharm on the acquisition of a network of MediCA, Kardiolita, and 33 other clinics from UAB CGP Management, and their subsequent merger with InMedica, a network of medical clinics indirectly managed by the INVL Baltic Sea Growth Fund.

The situation in Lithuania is quite dynamic at the moment, says Robertas Ciocys, Partner at Ellex Valiunas, pointing both to the recent parliamentary elections and the overspill of Belarusian IT companies into the country. 

Cobalt has advised Arunas Kuraitis on a 30-year lease of a building in Vilnius's Old Town from Lithuania's Jesuit Province. Wint advised the Jesuit Province on the deal.

Cobalt has advised Practica Capital on the final close of the Practica Venture Capital II fund, which included a EUR 2 million investment from Swedbank Asset Management. The total fundraising amount reached EUR 28.5 million.

Sorainen has represented Seven Entertainment and its shareholders in the sale of Lithuania's Siemens and Cido multi-purpose arenas, Tiketa ticket distribution company, and Seven Live event organization company, to Lithuania's DG21. Motieka & Audzevicius advised the buyer on the deal.

Triniti Jurex has successfully defended the Lithuanian Radio and Television Center Telecentras and its CEO, Remigijus Seris, in a defamation lawsuit filed by the former President of the Lithuanian Business Confederation, Valdas Sutkus.

Sorainen's Lithuanian office has helped Dexcom establish a global business service center in Vilnius, Lithuania, which is set to open in 2021.

Triniti Jurex has successfully represented the Visoriu Slenio Gyventoju Bendruomene association in its petition to the Supreme Administrative Court of Lithuania to order a reevaluation of the environmental impact study regarding planned construction of the M. Lietuvio Street bypass in Vilnius.

Glimstedt has successfully represented Nigeria's Arik Air Limited in a cross-border debt collection enforcement case before the Kaunas Regional Court in Lithuania.

Triniti Jurex has successfully represented Restaurants Group Fortas in a dispute with an unnamed insurance company.

Sorainen has advised Infracapital and AMP Capital on the sale of their combined ownership interest in Adven, a provider of clean energy solutions across the Nordics and Baltics, to unnamed institutional investors.

“The energy sector has been highly affected in the past few months, as global demand went down tremendously, which has a significant impact on the whole value chain," says Rytis Valunas, GC for oil and LNG terminals operator Klaipedos Nafta. "Many companies, especially from the oil industry, caught themselves in a situation they never dealt with previously." And, he says, "with the pandemic evolving further, the business environment is not likely going to improve soon.”

Sorainen Lithuania has assisted with the establishment of the Aid Fund for Business, which will invest public and private funds in medium and large enterprises affected by Covid-19.

Walless has advised Eastnine on the acquisition of an office property in central Vilnius for EUR 20 million.

DLA Piper has advised Lithuania's Ignitis Group on its acquisition of a 5% stake in the Moray West wind farm project on the east coast of Great Britain currently under development by Ocean Winds, which established earlier this year as a joint venture by French energy giants Engie and EDPR.