-
New legal platform for startups launched
To help Lithuanian startups during the early stages of running a business, we have created a free, publicly available platform together with Startup Lithuania, Unicorns LT and LT VCA, offering a package of legal documents relevant to startups and the entire startup ecosystem. Startup founders will be able to easily download the legal document template […]
-
INVL Baltic Forests Fund I sells its portfolio of 1,300 ha of forests in Lithuania
We advised INVL Forests Fund I, managed by INVL Asset Management, on the sale of its portfolio, which consisted of 1,300 ha of forests in Lithuania. Šiluona, the company that owned the fund’s entire forest portfolio, was acquired by the Swedish company Latvian Forest Company. Sustainable forestry management Launched in 2017, the INVL Baltic Forests […]
-
Europe’s largest insurer Allianz completes acquisition of Aviva’s operations in Lithuania and Poland
Our client Allianz SE, Europe’s largest insurer, completed the acquisition of life and non-life insurance operations, as well as the pension and asset management business, in Poland and Lithuania from Aviva Group (which includes its Lithuanian subsidiary Aviva Lithuania). The total value of the transaction is EUR 2.7 billion. Allianz’s largest deal globally in a […]
-
Largest acquisition in renewable energy sector in the Baltics this year: Taaleri Energy and Lords LB Asset Management acquire three wind farms in Lithuania
We advised Taaleri SolarWind II fund, managed by Taaleri energia, and investment company Atsinaujinančios energetikos investicijos, managed by Lords LB Asset Management, on acquiring three wind farms from European Energy, a Danish renewable energy company. This is the largest acquisition in the wind energy sector in the Baltics this year. The wind farms, developed in […]
-
Global Competition Review: recent trends in Estonia
We contributed to the Global Competition Review (GCR), focusing on recent events and trends in the competition field in Estonia. Class actions are unlikely to become common in Estonia Our team of lawyers, together with other prominent competition law practitioners, analyzed recent merger investigations and complaints and concluded that it is very unlikely that class […]