We advised venture capital fund Open Circle Capital on investing in the AI technology startup Perfection42. In the early-stage funding round, the Lithuanian startup raised more than EUR 1 million. In this round, other investors in the company were the venture capital fund CoInvest Capital, the LitBAN business angel syndicate and private investors. Since its […]
Deals & Cases / Laurynas Lukošiūnas, Žilvinas Briedis, Vincas Šniutė
We are representing Bitė Lietuva in its request to the Public Procurement Office on the lawfulness of procurement of communication services and equipment, required for the NATO summit to be held in the summer, by the state-owned Litexpo exhibition and congress centre. Procured from a single supplier Litexpo, which at the end of last year […]
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 […]
We advised streaming platform Fairmus on its merger with fan experience startup Fanvestory. As a result of the merger, Fanvestory will become a partner of Fairmus, and Fairmus will start using Fanvestory’s technology. Benefits both artists and fans According to Fairmus co-founder and CEO Reigo Ahven, Fairmus and Fanvestory are united by the idea of […]
We successfully represented bankruptcy trustees in a dispute over substitution of wills, which increased bankruptcy assets by approximately EUR 150 000. A pioneering solution Traditionally, the consent of the other party is required in order to receive money from a notarial deposit. Thus, the main issue in the dispute was whether the court could replace the […]
