-
Court rules in favour of Kalnapilis-Tauro Group in of non-alcoholic beer advertising case
The Supreme Administrative Court of Lithuania adopted a decision in favour of our client the Kalnapilis-Tauro Group in a case regarding a fine imposed by the Drug, Tobacco and Alcohol Control Department (DTACD) for advertising Tauras Tradicinis nealkoholinis (Tauras traditional non-alcoholic) non-alcoholic beer. The court upheld the appeal of the Kalnapilis-Tauro Group and annulled the […]
-
Local Ocean developing a sustainable method to grow shrimps
We advised Local Ocean, a Lithuanian aquaculture technology company, on intellectual property matters related to its development of sustainable and eco-friendly farming technology for growing high-quality shrimp. Supplying quality shrimps while preserving marine life Local Ocean’s production method has been developed to ensure minimum ecological impact. The company’s farming methods involve the use of renewable […]
-
UAB Mezon wins court case against Telia Lietuva
Yesterday, the Supreme Administrative Court of Lithuania ruled in favour of our client UAB Mezon in a dispute over the transfer of frequencies together with the acquired Mezon business. In 2020, after Bitė Grup company UAB Mezon acquired the business operating under Mezon brand from LRTC (deal value – EUR 30 million), Telia appealed against […]
-
Lithuanian startup PVcase attracts EUR 20 million investment
We advised venture capital firm Elephant VC on investing in Lithuanian startup PVcase, a developer of software for solar power plants. In the series A round the startup raised EUR 20 million. Venture capital funds Practica Capital and Contrarian Ventures, which had previously invested in the company, also participated in this round of funding. The […]
-
Certares enters into strategic partnership with Avia Solutions Group
Certares, a US-based investment specialist dedicated to the travel, tourism and hospitality sectors, acquired a stake in Avia Solutions Group (ASG). Certares will provide a EUR 300 million structured equity investment to ASG. The transaction is subject to customary conditions and approvals and is expected to close in Q4 2021. Our pan-Baltic team conducted legal due […]