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We advised Digital Active, a virtual currency exchange and wallet service provider in Estonia on the process of submitting a complaint and an application for interim relief to the administrative court against the Financial Intelligence Unit in response to a decision to revoke the client’s virtual currency service activity license. Incorrect interpretation of the law […]
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Deals & Cases / Algirdas Pekšys, Vytautas Sabalys, Jurgita Tekorienė
We advised the founders of Emotika on attracting a EUR 100,000 investment from a US investor. Emotika is a Lithuanian startup developing an e-training ecosystem created by experts for the development of soft skills. The investment was made in two phases implemented upon achieving certain milestones. After completion of both phases, the investor now owns […]
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After assessing the epidemiological situation in Lithuania, the Government has adopted additional restrictions on business, education, movement of people, meetings and other fields. This resolution and the new restrictions will come into force as of Wednesday, 9 December 2020. In response to the additional restrictions, we have prepared this summary covering key information relevant to […]
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We represented Sunly Land, a part of Sunly, the Baltic renewable energy and cleantech innovation energy group, in the issue of bonds in the value of up to 14 million euros with a 5-year maturity. LHV pension funds will invest in the bonds. Focus on solar power plants With the investment, Sunly plans to grow its […]
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We advised PlanB Labs, an Estonian start-up developing the Language Drops language learning platform, in preparing for and closing the sale of Drops to Kahoot!, the world’s leading game-based learning platform. TOP 5 exit in Estonia Kahoot! is acquiring 100% of the shares in Drops for a total consideration reflecting an enterprise value of USD 31 […]
