TGS Baltic, working with Cederquist, has advised Kinnevik on the sale of its entire holding in Tele2 to Freya Investissement for a total of SEK 13 billion.
Solveiga Vilcinskaite Paleviciene Joins TGS Baltic as Partner
Former Glimstedt Managing Partner Solveiga Vilcinskaite Paleviciene has joined TGS Baltic as a Partner.
Cobalt and PwC Legal Advise on Sale of Granulita to Zalvaris
Cobalt has advised the owners of Lithuanian wood pellet manufacturer Granulita on the sale of the company to Zalvaris. PwC Legal advised the buyers.
Lithuania Staying Ahead of the Curve: A Buzz Interview with Lina Siksniute-Vaitiekuniene of Ilaw Lextal
Lithuania is looking at a hectic year, with three scheduled elections: presidential, parliamentary, and EU parliamentary, according to Ilaw Lextal Partner Lina Siksniute-Vaitiekuniene, while also celebrating the 20-year Anniversary of its entry into the EU and NATO.
TGS Baltic, DGKV, and RASK Advise on Ifco Systems' Acquisition of Bepco
TGS Baltic and Djingov Gouginski Kyutchukov & Velichkov have advised Ifco Systems on its acquisition of Bepco. RASK advised Rostock Capital, Navitas, and Green Technology on the sale.
Motieka Successful for Srbijagas Before Lithuanian Supreme Court on Enforcement of Arbitral Awards
Motieka & Audzevicius has successfully represented Srbijagas before the Lithuanian Supreme Court in a dispute regarding the recognition and enforcement of ICC arbitral awards against a non-signatory to the arbitration agreement.
TGS Baltic Advises Mitsubishi on Acquisition of 20% Stake in European Energy
TGS Baltic, working with Baker McKenzie and Accura, has advised Mitsubishi on its acquisition of a 20% stake in Denmark-based European Energy through a EUR 700 million investment.
TGS Baltic Advises on EIB and Siauliu Bankas Agreement for New EUR 200 Million Renovation Fund
TGS Baltic has advised the European Investment Bank on its agreement with Siauliu Bankas to set up and manage a second, EUR 200 million, apartment building renovation fund in Lithuania.
Dentons Advises Republic of Lithuania on EUR 1.5 Billion Bond Issuance
Dentons and, reportedly, TGS Baltic have advised the Republic of Lithuania on updating its Euro Medium Term Note Program and successfully issuing EUR 1.5 billion in 3.5% notes due 2034. Freshfields Bruckhaus Deringer and Sorainen reportedly advised the underwriters.
Ellex Advises Hollister Incorporated on Expansion in Lithuania
Ellex has advised Hollister Incorporated on launching a new shared services center in the Kaunas Free Economic Zone, in Lithuania.
Walless Advises Med Grupe on Sale of Distribution Business to Straumann
Walless has advised the Med Grupe shareholders on the sale of their pan-Baltic dental equipment distribution business to Straumann. Sorainen reportedly advised the Straumann Group.
Adon Legal Advises City Service on EUR 18.9 Million Loan from Swedbank
Adon Legal has advised facility and property management holding City Service on securing an EUR 18.9 million financing from Swedbank.
Marius Dobilas and Renata Jatuzyte-Muleviciene Make Partner at Walless
Lithuania's Marius Dobilas and Renata Jatuzyte-Muleviciene have been appointed as Partners at Walless.
Ellex Advises Capitalica Asset Management on Establishing Capitalica Debt Fund
Ellex has advised Capitalica Asset Management on the establishment of its Capitalica Debt Fund targeting Baltic companies' high-yield bonds.
Ellex Advises Investmira in Redeeming 2021 EUR 55 Million Bond Issuance
Ellex Valiunas has advised Lords LB Asset Management-managed Investmira on the successful redemption of its EUR 55 million bond issuance from 2021.
The Inside Track: Parting Ways
In The Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. Given the importance of relationships between in-house legal departments and law firms, this time we asked GCs: What is the most common reason for which you cease working with a specific law firm and what would you suggest firms definitely do to ensure they do not make the same mistake?
The Corner Office: Budget, Budget, Budget
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2023 marching to an end, we looked ahead and asked about strategies for next year: As the budgeting period is around the corner, compared to 2023, what are the main budgeting lines you expect to increase for 2024 and why?
Charting Scandinavian FDI in the Baltics
Looking into the historical context of Scandinavian foreign direct investment in the Baltic states, TGS Baltic Managing Partner Ivars Grunte, Walless Partner Rolan Jankelevitsh, Ellex Valiunas Partner Ruta Pumputiene, and Klauberg Baltics Managing Partner Theis Klauberg explore the economic and legal ties between the two regions.