The Court of Appeal of Lithuania issued a favorable decision for our client, a company in Lithuania owned by the U.S. W. P. Carey investment fund, in a legal dispute against Kesko Senukai Lithuania regarding failure to pay rent for a logistics center owned by our client and rented to Kesko Senukai Lithuania. The court acknowledged that Kesko Senukai […]
We advised the Italian concern SAPI S.p.a. on acquiring a 15% stake in the Cross financing company, which is a holding company for Rietavo veterinarinė sanitarija and Reneta. This is the first investment by the Italian concern in the Baltic countries. The transaction is significant for both parties and as well as the whole region, […]
We advised IKI Lietuva on signing a lease agreement for commercial premises in the shopping centre Europa. This will be the first IKI store at shopping, entertainment and leisure centres. “As much convenience as possible for our customers is the constant goal of the team. This constantly encourages us to improve, so we are raising […]
We advised an Estonian deep tech company, Gearbox Biosciences, on raising EUR 380,000. The investment round was led by Specialist VC and UniTartu Ventures. With the funding secured, the company plans to further develop their protein production technology so that customers can use it in small-scale production. Novel antibiotic-free protein production Gearbox Biosciences, a startup […]
We advised VPH, one of the largest commercial real estate developers in Lithuania; and Riga Retail Park, owner of one of the largest lifestyle shopping centres in Latvia, on receiving a loan totalling EUR 48 million from Rietumu Banka for refinancing. This has been one of the largest loan financing transactions in Latvia in 2023. […]