Deals & Cases
We advised money transfer platform Opal Transfer on obtaining an electronic money institution licence in Lithuania. The company plans to expand its operations in Lithuania and the EU offering users a full range of features of their digital wallets including the possibility to deposit money and to make withdrawals from their wallet account. Well-established fintech […]
Deals & Cases
We advised Livonia Partners and its portfolio company Thermory AS on the acquisition of a majority shareholding in Siparila Oy. Siparila is a Finnish wood-processing company specialising in exterior and interior panels and cladding. Thermory is an Estonian wood-processing company which produces solid wood floors and terraces, lining boards and sauna materials using thermal processing […]
Deals & Cases
We successfully represented Krässik OÜ (formerly Daxin Baltic OÜ) and other fuel trading sector companies from the Daxin Group in complex legal proceedings related to abuse of position by Krässik’s previous management board. Supreme Court clarifies management board’s civil liability This case involved numerous civil, criminal, anti-money-laundering and white collar investigations. Our team represented the […]
Deals & Cases
Klaipėdos administratoriai, represented in court by our team, won a dispute over its removal from the post of bankruptcy administrator. The Lithuanian Court of Appeal found that a creditor seeking to remove our client did not have the right to apply for the administrator’s removal because its claim was less than the minimum amount set […]
Deals & Cases
Mobile communications operator Bite Latvija has signed a purchase contract to acquire telecommunications company Baltcom for an undisclosed price. Until permission is received, both companies will continue operating independently. A step closer to the company’s long-term development aims Says manager Kaspars Buls of Bite Latvija: “I am satisfied with the agreement reached; this is a […]
