Walless has helped Safe Connect, UAB, obtain a payment institution license from the Bank of Lithuania, allowing it to to offer payment services indicated in the Republic of Lithuania's Law on Payments.

Former TGS Baltic Associated Partner Vytautas Silinskas has left the firm to become Vice Minister at Lithuania's Ministry of Social Security and Labor.

Ellex Valiunas has helped Witty Global, UAB obtain an electronic money institution license from the Bank of Lithuania.

Sorainen’s Lithuanian office has helped renewable energy company Enerstena obtain a EUR 7 million loan from the country's State Aid Fund for Business. TGS Baltic advised the fund on the deal. 

Walless has helped Stanhope Financial establish a subsidiary in Lithuania and obtain an e-money institution license from the Bank of Lithuania.

Cobalt has advised Practica Capital on its joint investment with other investors of USD 8 million in Lithuanian startup Eneba.

Sorainen has formed a Private Client Services team, led by Tallinn-based Counsel Kart Anna Maire Kelder.

Sorainen’s Vilnius office has advised Luxembourg's REInvest Asset Management and its DEREIF SICAV FIS fund on their acquisition of the building housing SEB Bank's headquarters in Vilnius from the Lords LB Special Fund II.

Sorainen has advised Decathlon on its agreement with the Galio Group for the latter to build and lease new stores for it in the Lithuanian cities of Kaunas and Klaipeda. Wint advised the Galio Group on the transaction in Klaipeda.

DLK Legal has helped Lithuania's Finnovative Solutions UAB obtain a payment institution license from the Bank of Lithuania to provide Account Information Services and Payment Initiation Services.

Sorainen has advised TC Investicija on the sale of a building in Kaunas, Lithuania, to Integrated Stars. Financing for the transaction, which closed on December 9, was provided by Citadele Bank.

Motieka & Audzevicius has created an Anti-Money Laundering and Counter-Terrorist Financing program for Newsec Advisers LT.

The Vilnius office of Cobalt has advised Practica Capital on the EUR 1 million investment it made along with a group of other, unidentified, private investors in the RRR.lt online platform for the sale of used car parts. Wint advised the owner of the platform on the deal.

Sorainen’s Lithuanian office has advised Emotika on attracting a EUR 100,000 investment from an unspecified US-based investor.

Sorainen’s Lithuanian office has advised the SBA Group on its EUR 28.6 million sale of a logistics center and a furniture component factory to Estonia’s EfTEN Real Estate Fund 4. Fort advised the buyer on the deal.

The Vilnius District Prosecutor's Office has terminated a pre-trial investigation against the former Speaker of the Lithuanian Parliament, Arunas Valinskas, involving charges of incitement of hatred. Cobalt represented Valinskas in the process.

Ieva Povilaitiene has been promoted to Partner and Vytautas Silinskas, Indre Barauskiene, and Dovile Armalyte have been promoted to Associate Partner at TGS Baltic in Lithuania.

On October 28, 2020, CEE Legal Matters reported that Triniti Jurex had successfully helped Termolink obtain damages from a general contractor for work the company performed on an unspecified project. CEEIHM spoke with Valdas Garmus, Director at the Termolink, to learn more about the dispute.