Deals & Cases
We acted as legal advisor in Estonia, Latvia and Lithuania for OP Corporate Bank in financing Veho Group. The mandated lead arrangers in the syndicate were OP Corporate Bank, Nordea Bank and Danske Bank. Syndicated financing was one method used to finance the acquisition of Silberauto enterprises. Silberauto, established in 1990, is one of the […]
Deals & Cases
We assisted US bank JP Morgan and French bank BNP Paribas in organising a five-year bond issue with a total value of USD 300 million for Avia Solutions Group – a Lithuanian aviation services group ‒ at an annual interest rate of 7.875% and a maturity date of 2024. The bonds were issued in US […]
Deals & Cases
A foreign company represented by our team won a case concerning recognition of a foreign arbitral award in Lithuania. Debtor claimed that damages were punitive A dispute over implementing a sale and purchase agreement between the company and its debtor was resolved by a foreign arbitration tribunal in favour of the company. After the company […]
Deals & Cases
We advised Flex-n-Roll, a market leader in the field of self-adhesive labels, in connection with launching a project in the China-Belarus “Great Stone” Industrial Park. The client acquired Great Stone resident status on 6 November 2019, signing a resident agreement at the China International Import Expo 2019 in Shanghai. Our support included advice on the […]
Deals & Cases
We advised Google in acquisition of Fitbit, the world’s leading wearables brand headquartered in San Francisco, California, with one of the R&D offices located in Minsk, Belarus. Acquisition at USD 7,35 per share represents Fitbit’s total equity value USD 2,1 billion. The transaction is expected to close in 2020, subject to receipt of regulatory approvals […]
