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Deals & Cases / Augustas Klezys, Dalia Augaitė, Rimantas Bendorius
We advised Baltic Mill, a Baltic grain processing group, on its successful two-year bond issue with a total value of EUR 3 million. With this bond issue, organised by Šiaulių bankas, our client refinanced a two-year bond emission issued in 2017, with redemption set for 4 November 2019. Comments Vygantas Reifonas, CFO of Baltic Mill: […]
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Deals & Cases / Laurynas Lukošiūnas, Greta Kubiliūnaitė
The Lithuanian Court of Appeal upheld the first instance court ruling in a precedent-setting case concerning damages related to company losses. The Court of Appeal dismissed the appeal and ordered Kėdainių aruodai to pay the litigation costs. On 30 October 2019, the court decided in a final ruling that potential loss-making business transactions do not automatically […]
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We advised Nordea Bank and DNB, major financial services groups in northern Europe, on the financing that Nordea and DNB provide to Luminor Group for developing Luminor’s lending activities, group liquidity buffers and refinancing existing debt. Securing the financing We also advised Nordea and DNB in negotiating a highly bespoke collateral package to secure the […]
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A pre-checked checkbox does not constitute consent which a website user must give for storage of and access to cookies on their equipment. Therefore companies need to change their current practice. This was the conclusion reached by the Court of Justice of the European Union in its judgment in Case C-673/17 Bundesverband der Verbraucherzentralen und […]
