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The City of Rakvere overcame the State Shared Service Centre’s unjust claims
We successfully represented the city of Rakvere in a lawsuit against the financial correction decision of the State Support Services Centre (SSSC). The SSSC claimed back a 200,000 euro grant from the city of Rakvere in connection with the amendment of the construction contract for building the work and technology centre for basic schools. The […]
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B2B payment service provider Hokodo attracts EUR 100 million investment
We advised B2B payment service provider Hokodo on raising EUR 100 million financing in the form of a multi-jurisdictional securitisation transaction. The financing was provided by Viola Credit, a global alternative credit asset manager. With this new financing, Hokodo will facilitate more than EUR 1.5 billion of B2B transactions over the next 24 months. The […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]
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Renowned chef Jörgen Kohal divests interests in Poke Bowl and MEZE
We advised Jörgen Kohal, a decorated and highly renowned Estonian chef in divesting his interests in the businesses comprising the Poke Bowl and MEZE brands. The interests were acquired by Jörgen Kohal’s business partner and co-founder of the businesses, Mikk Rajaver. Poke Bowl was established in 2018 and is Estonia’s first and largest restaurant chain […]
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Mulgi parish successfully overturns a decision of the State Shared Service Centre
We successfully represented the municipality of Mulgi in a dispute with the State Shared Service Centre (SSSC) over the latter’s recent decision, by which the SSSC ordered Mulgi Municipality to return approximately EUR 50 000 of EU funding. The recovery order was related to Mulgi Municipality’s two public procurements for the demolition of an old […]