We represented IK Partners in the sale of Carspect Group to TÜV SÜD. The financial terms of the transaction have not been disclosed. Headquartered in Bromma, Sweden, Carspect Group is a leading provider of vehicle inspection services in Sweden, Estonia and Latvia. It carries out a range of vehicle services, including control, follow-up and registration […]
Generative AI systems, which rely on vast amounts of data to generate new content, are evolving rapidly. These systems rely on self-training methods, using machine learning algorithms that analyse extensive databases, including images and text available on the web. However, this practice raises significant copyright concerns, particularly regarding the reproduction of data, even if only […]
We advised EIKA Group on the sale of Pupa shopping centre in Vilnius, Pilaitė micro-district. EIKA Development remains the manager of the shopping centre and plans to invest the proceeds in the development and expansion of new projects in Lithuania and the region. The Pupa shopping centre, built by EIKA in 2008, was the first […]
Two years after announcing there would be discomfort compensation payments for wind turbines located in the vicinity of residential properties, the relevant amounts and payment mechanisms have been finally approved, and come into force on 30 August 2024. Below are the main points you need to know if you are a developer or a prospective operator […]