Cobalt has advised the EBRD on a EUR 100 million investment in Green Genius.
Cobalt Advises EBRD on EUR 100 Million Investment in Green Genius
Cobalt and Noor Advise on Ovoko's EUR 20 Million Investment Round
Cobalt has advised Ovoko on a EUR 20 million phase B venture capital investment round led by Smash Capital. Noor advised the founders of Ovko. Sorainen reportedly advised Smash Capital.
Cobalt Advises Change Ventures on Investment in Certific
Cobalt has advised Change Ventures on co-leading a EUR 700,000 round for Certific, alongside Firstpick and Heartfelt VC.
Latvia: Further Solutions to Drug Availability and Monitoring Problems
Following extensive discussions between industry stakeholders and state institutions, several crucial solutions have been identified to address the problems of drug availability and monitoring control. The primary aim is to ensure wider and faster access to medicinal products for patients in Latvia.
Estonia: Pharma Disputes – Weak Patents May Cost Originators Heavily in Disputes with Generics
It is not new that originator pharmaceutical companies try to block generic competitors from entering the market. Considering the recent developments in the Court of Justice of the European Union (CJEU), originators should tread carefully when defending their patents. Having a strong patent is crucial, and the consequences of failing to vet the strength of a patent could end up costly.
Cobalt Advises Joint Lead Managers on Republic of Latvia's EUR 600 Million Eurobond
Cobalt has advised BNP Paribas, Deutsche Bank, and Erste Group as the joint lead managers of the Republic of Latvia's seven-year Eurobond that raised EUR 600 million at a reoffer yield of 3.138% and a fixed rate coupon of 3%.
Cobalt Advises Practica Venture Capital on Exit from MedDream
Cobalt has advised Practica Venture Capital on its exit from MedDream. Ellex reportedly advised the unidentified buyers.
Cobalt Advises Karma Ventures on Leading the Series A for Patchstack
Cobalt has advised Karma Ventures on leading the USD 5 million series A investment round for Estonian cybersecurity startup Patchstack which also saw the participation of G+D Ventures and Emilia Capital. Triniti reportedly advised Patchstack.
Cobalt Advises Fern Group on EUR 8 Million Bond Issuance
Cobalt has advised the Fern Group on its 2-year EUR 8 million public bond issuance with an offered annual interest rate of 9%.
Cobalt Advises BonVenture on Investment in Fairown
Cobalt has advised BonVenture on its investment into Fairown as part of a EUR 5.7 million seed extension round.
Cobalt Advises Linas Agro on Acquisition of Elagro Trade
Cobalt has advised Linas Agro on its acquisition of Elagro Trade for a preliminary amount of EUR 22 million.
Cobalt Successful for East Metal Before Zemgale District Court
Cobalt has successfully represented Latvian metalworking company East Metal before the Zemgale District Court in being granted legal protection.
Walless and Cobalt Advise on Affidea Lietuva's Acquisition of Synlab Lietuva
Walless has advised Affidea Lietuva on its acquisition of the Lithuanian business of Synlab Lietuva. Cobalt, working with CMS' office in Germany, advised the sellers.
Summary of Latvia’s New National Cyber Security Law
On 1 September 2024, the National Cyber Security Law came into force, replacing the Law on the Security of Information Technologies.
Cobalt Promotes Edgars Pastars to Partner and Head of Financial Regulatory Practice
Cobalt has promoted former Specialist Counsl Edgars Pastars to Partner in its office in Latvia. Pastars will also Head the firm's Financial Regulatory and Compliance Practice.
Cobalt Advises NORD/LB and Swedbank on EUR 87 Million Financing for Aidu Wind Park
Cobalt, working with Watson Farley & Williams, has advised NORD/LB and Swedbank on the EUR 87 million financing for Aidu Wind Park’s development of 67.5 megawatts of the 75-megawatt Aidu wind farm in Estonia.
Cobalt Advises Warsaw Equity Group on Investment in UP Catalyst
Cobalt has advised the Warsaw Equity Group on its investment in UP Catalyst in a EUR 2.36 million round that also saw the participation of SmartCap.
Cobalt Advises Aquila Clean Energy on EUR 125 Million Green Loan for Development of Windfarm Akmene Two
Cobalt has advised Aquila Clean Energy-managed project company Windfarm Akmene Two on securing a EUR 125 million green loan from SEB Bank.
Cobalt at a Glance
COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.
The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.
Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.
COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony.
More information on COBALT can be found at www.cobalt.legal.