We successfully represented basketball club Žalgiris in a case against the Lithuanian Competition Council before Vilnius Regional Administrative Court. The Competition Council fined the Lithuanian Basketball League and 10 of its clubs for an alleged anti-competitive agreement according to which they allegedly decided not to pay salaries or other compensation to their basketball players for […]
The Public Procurement team from our Latvian office helped SIA PROLUX successfully challenge the results of the negotiation procedure “Delivery and installation of kitchen equipment at the Jelgava state municipality educational institution Jelgava Technology Secondary School” (the Negotiation Procedure) at Meiju Road 9, Jelgava, organised by Jelgava city municipality (the Client) and held at the […]
We advised Capitalica Baltic Real Estate Fund I, the real estate fund managed by the SBA Group company Capitalica Asset Management, on issuing two-year bonds with a 5% annual interest rate and admitting the bonds to trading on First North market. The fund borrowed EUR 3 million on the capital market. The funds raised with […]
We assisted the INVL Baltic Sea Growth Fund in signing an agreement to acquire Nemunas, one of the most modern treatment centres in Birštonas, and Eglės Sanatorija – one of the largest SPA and treatment centres in the Baltics. Eglės Sanatorija, founded in 1972, provides rehabilitation, rest and medical services in Druskininkai and Birštonas. In […]
We advised Livonia Partners, one of the leading private equity funds in the Baltics, and their joint venture with the target’s management in the acquisition of Stebby, the largest wellness service marketplace in the Baltics. Stronger position in the Baltics According to Kestutis Mackelis, CEO of Stebby, the new ownership structure will allow Stebby to […]
