We are advising KPMG Sweden on their acquisition of KPMG Latvia and KPMG Lithuania as part of KPMG’s international development. Bringing new opportunities The acquisition will bring new opportunities and will allow KPMG Sweden, KPMG Latvia and KPMG Lithuania to become even stronger market players in the region. According to Björn Hallin, Board Chairman at […]
We advised the state-owned Ignitis Group on a loan from the European Investment Bank (EIB) to Pomerania Wind Farm, a Polish company belonging to the group. The PLN 258 million (about EUR 60 million) loan will be used for developing a 94 MW wind farm. The EIB loan will cover around 47 % of project […]
Deals & Cases / Tomas Kontautas, Monika Tukačiauskaitė, Liutauras Vasiliauskas
We advised E4F Money on obtaining an electronic money institution licence in Lithuania. The sole shareholder of the company is Exchange4free, a UK-based company with more than 30,000 private and corporate customers worldwide. Expansion in Europe and Africa The company will offer currency exchange and payment service solutions in Lithuania and other European countries to […]
We successfully represented Amston, a leading provider of strategic HR solutions, accused of discriminating against a job candidate. The candidate’s complaint was examined by the Equal Opportunities Ombudsperson A candidate not selected by the employer filed a complaint with the Equal Opportunities Ombudsperson, claiming that the decision was based on discriminatory grounds: age, ethnicity, views […]
The Lithuanian Supreme Court ruled in favour of our client – Mindaugas Marcinkevičius, a minority shareholder in VP Group – in a case over his allegations about aggressive tax policies applied by VP Group companies. The result also represents failure of an attempt to dismiss M. Marcinkevičius’s allegations by Vilniaus Prekyba, Franmax and Leksita, all […]