Advising the Nordic Environment Finance Corporation (NEFCO) in connection with its investment in the Second Mezzanine Fund managed by FlyCap. About NEFCO NEFCO is an international financial institution established in 1990 through an intergovernmental treaty between Denmark, Finland, Iceland, Norway and Sweden with the objective of generating positive environmental impact through its investments, with a […]
Deals & Cases / Laurynas Lukošiūnas, Greta Kubiliūnaitė
We successfully represented Alfa Bank, a creditor of Arvi ir ko, in a case concerning annulment of company sales transactions by Arvi ir ko. A panel of judges of the Lithuanian Court of Appeal ruled to annul the sale of Lietuvos cukrus, Rietavas veterinarinė sanitarija and Arvi kalakutai to Cypriot companies. This court decision will […]
Invega invited financial institutions to apply to participate in implementing the incentive financial instruments Portfolio Guarantees for Loans 2 and Portfolio Guarantees for Factoring 2. Both measures are designed to help businesses access or restructure funding when they lack funds. Measures implemented through financial institutions The Portfolio Guarantees for Loans 2 instrument is designed to […]
After protracted efforts, Lithuanian investor E energija will finally receive compensation of EUR 3.1 million for being forced out of the heat supply market in Latvia. By a decision of 8 April 2020, a special committee of the International Centre for Settlement of Investment Disputes (ICSID) rejected an application by Latvia to annul the award of 2018 by […]
We advised Auth0, the first identity management platform for application builders, on its acquisition of Apility.io, an anti-abuse application programming interface company, that identifies blacklisted IP addresses, domains and email addresses. First-ever acquisition by Auth0 This was a first-ever acquisition by the Seattle based cybersecurity firm which secures more than 100 million logins each day, […]
