Fort Legal Partner Mindaugas Zolynas has become the firm’s new Managing Partner.

Walless has advised the European Bank for Reconstruction and Development on co-financing the SIRIN Development warehouse park in Vilnius with Swedbank.

Walless has advised Merito Partners on raising EUR 4 million via bond issuances arranged by Signet Bank to fund new self-storage facilities in Tallinn and Vilnius.

TGS Baltic has advised the European Investment Bank on amendments to its pre-financing and contingent loan agreements with Siauliu Bankas increasing the bank's investment from EUR 195 million to EUR 255 million for Lithuania’s multi-apartment building modernization program.

Fort Legal has advised Idavang on a EUR 40 million loan from Swedbank for the early redemption of its EUR 75 million floating rate senior secured bonds, originally due in 2025.

Former Counsel Mantas Juozaitis has been promoted to Partner at Motieka.

TGS Baltic has advised Nala Renewables on a EUR 25 million loan from Luminor Bank.

Gessel and Kambourov & Partners have advised MS Galleon on its acquisition of Corab. TGS Baltic reportedly advised MS Galleon as well.

TGS Baltic has advised HeavyFinance on forming a partnership with Multitude Bank – backed by the European Investment Fund’s Sustainability Guarantee – to bring more than EUR 17.5 million in funding for farmers in Lithuania and Poland.

Ellex has advised Delfi Lithuania on its acquisition of the EBIT and HR Week conferences in Lithuania and Latvia.

Fort Legal has advised EfTEN Capital on the EUR 7.5 million financing for Releven for the development of the Horizontai project in Vilnius. Motieka advised Releven.

Ellex has advised Accession Capital Partners and Hillary Denmark on the sale of their Plasta Group shares to Cedo.

TGS Baltic has advised EIB on its partnership with the Republic of Lithuania to establish a EUR 100 million greener housing initiative.

Ellex has advised HOF Ehf on the sale of Baltic IKEA stores to Inter IKEA Group. Walless advised FE Corporation, the sellers of the Lithuanian store operator. Sorainen reportedly advised Inter IKEA Group.

The ongoing war in Ukraine has sparked governments to take defense seriously. The Lithuanian government is no exception here – as of 2025, Lithuania is set to increase defense spending.

TGS Baltic has advised INVL Baltic Sea Growth Fund on its acquisition of Pehart Group in Romania from Abris Capital Partners. RTPR advised Abris Capital Partners.

Ellex has offered pro bono representation in a same-sex parenthood case before the national courts in Lithuania, resulting in the first-ever recognition of same-sex parents.

TGS Baltic has advised Sun Investment Group on a EUR 8 million bond issuance with an annual interest rate of 11.5%, payable semi-annually.