We have had the privilege to be part of many challenging and groundbreaking transactions to take place in the banking sector in the Baltics and Belarus – from business set-ups and mergers, such as the complex region-wide merger of Luminor in all three of the Baltic States, and setting up the new bank Inbank in Estonia; to restructurings and wind-downs, such as Snoras in Lithuania and ABLV Bank in Latvia, as well as market exits and business sales. Whether for pressing current needs or a future change to be anticipated – like anti-money laundering and sanctions compliance, or development of payment services and new funding options – our clients trust us to always find exact solutions. We have a voice in policymaking, too: in Lithuania we helped develop close-out netting legislation; in Latvia we are legal advisers on the panel for the Finance Latvia association, which unites the majority of Latvian commercial banks; and in all three Baltic States we are working on covered bond legislation to provide local banks with new tools for funding their growth.

We can help you with

  • Banking regulation
  • AML and sanctions compliance
  • Banking litigation
  • Lending (general lending, leveraged buyouts, leasing, asset and real estate finance, and other financing)
  • Structured finance
  • Debt restructuring
  • Banking services

Contact us


  • Legal Adviser


    Combining operations with DNB bank in the Baltics to create Luminor bank

    Combined asset value: EUR 13 billion
  • Legal Adviser

    ABLV Bank

    Advising on liquidation of the third biggest bank in Latvia: the largest liquidation in Latvia to date and the first voluntary liquidation of a bank in Latvia

    Assets under liquidation: approx EUR 2.4 billion
  • Legal Adviser


    Establishing commercial bank, starting from preliminary start-up advice

  • Legal Adviser

    Bank of Moscow

    Advising member of Russia’s VTB Group on the sale of its Belarusian subsidiary, Bank Moscow-Minsk, to the Belarusian state

  • Legal Adviser


    Advising novel financial institution on obtaining credit institution licence from Estonian Financial Supervision Authority (EFSA)

  • Legal Adviser


    Transfer of Nordea’s Baltic banking business to its Swedish parent company Nordea Bank

  • Legal Adviser

    Getin Holding

    Advice on acquisition of 95.5% stake in Belarusian Bank for Small Business

  • Legal Adviser

    European Merchant Bank established by Akce Holding Malta

    Assisting Akce Holding Malta in establishing European Merchant Bank in Lithuania and obtaining specialised ba