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One of the largest recent foreign investments in Lithuania: Quaero Capital agrees to acquire a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group
We advised the infrastructure fund Quaero European Infrastructure Fund III, managed by Quaero Capital SA, on the acquisition of a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group. The Vilnius Combined Heat and Power Plant (CHP) – one of the most advanced facilities of its kind in Europe – is […]
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Preventing the spread of incorrect statements
We represented a state‑interest client in a cross‑border defamation matter of national importance. We sought the removal of false factual allegations from online articles published by Ukrainian and Czech media outlets. As a result of our work, the articles were amended, and the international spread of the incorrect statements was successfully curtailed. Our client team […]
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We stopped the unconstitutional increase in fine levels
We advised a client on a proposed amendment to the Forest Act that would have increased statutory fines by more than a hundredfold. We analysed the constitutionality of the draft legislation and submitted recommendations to bring it into line with the Constitution. As a result of our work, the unconstitutional increase in fine levels was […]
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A landmark judgment clarifying companies’ sanctions compliance duties
We successfully represented a leading telecommunications company in a sanctions‑related dispute arising from the suspension of retransmission in Estonia of 26 Russian‑language television channels. Following the imposition of international sanctions in 2022, our client became concerned that certain licence fees might, indirectly or covertly, reach sanctioned persons. The company therefore suspended contractual payments until the […]
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Pro bono legal support for the growth of Ascent Lumina
In last year’s Shared Mission project, we provided pro bono legal assistance to the Latvian company Ascent Lumina. About Ascent Lumina Ascent Lumina develops advanced artificial intelligence (AI) solutions for unmanned and autonomous vehicles, with a strong focus on real-time AI perception systems capable of operating in complex operational environments. Its services include the development, […]