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A foreign company represented by our team won a dispute in the Lithuanian Court of Appeal whose decision forms new case law exempting creditors from stamp duty if claiming annulment of transactions when bankruptcy proceedings are initiated against natural persons. So far the practice has been applied only in the case of bankruptcy of legal […]
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On 25 November 2019, the Latvian Competition Council (Council) published a report on “Medicines: Price formation and possible restrictions on competition affecting their financial availability”. The aim of the study was to consider the factors affecting prices and financial availability of medicines in Latvia. The study compared the regulatory frameworks of Latvia, Lithuania and Estonia […]
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We advised Nordic Investment Bank (NIB) on signing a EUR 17.5 million financing agreement with Kauno autobusai. The 15-year loan finances modernisation of the Kaunas public transport system and will be used to purchase 85 new low-floor electric trolleybuses to replace the majority of the current old electric vehicles in Kaunas. Says Henrik Norman, President […]
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Deals & Cases / Eva Berlaus, Jānis Bite
We are advising UniCredit on the disposal of UniCredit Leasing and its operations in the Baltics to Citadele Bank. The transaction involves branches of UniCredit Leasing in Lithuania and Estonia as well as its subsidiary UniCredit Insurance Broker and its branch in Estonia. Our role in the acquisition Our assistance covers all legal aspects of […]
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Deals & Cases / Marina Golovnitskaya, Yauheni Budchanka
We advised Moomin Characters Oy Ltd, a company established by Finnish writer and illustrator Tove Jansson and currently responsible for Moomin copyright and trademark protection. Tove Jansson created most of the Moominvalley characters in her books in 1945-1946 (such as The Moomins and the Great Flood and Comet in Moominland). Some of the characters are: […]
