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Our team wins case before Lithuanian Supreme Court
The Lithuanian Supreme Court ruled in favour of our client in a civil dispute over property rights and the legality of the sale of state-owned intervening land plots without auction. After examining the case in an oral hearing, the Court put an end to a dispute which had lasted three years. Precedent in the field […]
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VIG becomes sole shareholder in BTA
We advised one of the leading insurers in Europe, Vienna Insurance Group (VIG), on the purchase of the remaining 9.17% shares in BTA Baltic Insurance Company (BTA). This means that VIG has become the only shareholder in BTA. Seeing the positive tendencies and perspectives in the Baltic insurance market, VIG decided to acquire 100% of […]
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Baltic Horizon Fund completes secondary public offering and listing of new fund units
We advised Northern Horizon Capital in connection with a secondary public offering raising EUR 7.2 million and listing of new units of the Baltic Horizon Fund on Nasdaq Tallinn and Nasdaq Stockholm stock exchanges. Baltic Horizon Fund is a real estate fund with a focus on commercial properties in the capitals of the Baltic States. […]
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Lords LB to sell logistics centre in Riga
We advised Lords LB Baltic Fund III, which is managed by the Lithuanian investment company Lords LB Asset Management, on the sale of a logistics centre in Riga to EfTEN Real Estate Fund 4 belonging to Estonian investment company Eften Capital. This is the largest logistics sector transaction in Latvia since 2018. The transaction is […]
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Isnaudas Forest Holding sells subsidiaries, owners of forest and agricultural land
We advised our client Isnaudas Forest Holding in a transaction involving the sale of its five subsidiaries, which own forest and agricultural land, to SCA Mežs Latvija. Our role We were involved in most stages of the transaction, including advising on deal structure, performing complex reorganisation, reregistration of more than 650 properties with the Latvian […]