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We are representing Ecoservice UAB (“Ecoservice”), a Lithuanian environmental services company and a subsidiary of AS Eco Baltia, during a dispute with Compensa Vienna Insurance Group ADB (Latvian branch) regarding an insurance claim following a fire at Ecoservice’s waste-sorting centre in Vilnius in August 2023. About the case The fire caused significant damage, and Ecoservice […]
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Deals & Cases / Jonas Kiauleikis, Sergej Butov, Tomas Kontautas, Dr Daivis Švirinas, Mantas Petkevičius, Indrė Pelėdaitė, Aliaksei Vashkevich, Aurelija Daubaraitė, Jurgita Tekorienė, Sidas Sokolovas, Linas Petronaitis, Auridas Litvinas, Barbora Bernatonytė, Aušra Kunčiuvienė, Izabelė Petrikaitė, Danas Šniutė, Raminta Matulytė, Simonas Šlitas, Andis Burkevics, Renāte Purvinska, Santa Rubīna, Agneta Rumpa, Annija Straupe, Kristers Pētersons, Kätlin Krisak, Lauri Liivat, Piret Lappert, Pirkko-Liis Harkmaa, Liisa Maria Kuuskmaa, Oliver Ämarik, Kevin Piho, Karl Oskar Pungas
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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We are helping clients, companies registered in Cyprus and the British Virgin Islands belonging to a real estate development group, to recover approximately 11 million EUR seized in Latvia as part of criminal proceedings. The clients’ funds were considered to be suspect and potentially related to money laundering activities, as the companies’ business activities are […]
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We advised Antalis during the acquisition of Pakella, which specialises in the manufacturing and distribution of industrial and food packaging to various business customers. Pakella is a leading packaging distributor in Latvia, Lithuania and Estonia, with a EUR 15 million turnover in 2023 and 60 employees at its three distribution sites. Antalis is a member […]
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We advised Bitė Group, the leading telecommunications and media group in the Baltics, on a EUR 920 million senior secured notes issue. The issue was a record for the Baltic States. Its distribution was very successful, with a sell-out in 3 days. ‘The senior secured notes issue we are launching today is an appraisal of […]