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On behalf a client we filed the first individual constitutional claim in the history of the Lithuanian legal system. We are challenging a ban on suspended sentences for people convicted of serious crimes as set in the the Lithuanian Criminal Code. This case sets a precedent that may influence the practice of criminal law in […]
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We advised Credit Suisse on Latvian and Lithuanian law in connection with a EUR 27 million financing facility to Amber Beverage Group (ABG), an international producer and distributor of alcoholic beverages. The financing will improve the effectiveness of its operations and is the first step towards further ABG expansion. Our input We provided a mandatory […]
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The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
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Deals & Cases / Augustas Klezys, Dalia Augaitė, Rimantas Bendorius
We advised Baltic Mill on issuing a third bond issue and listing the bonds on Nasdaq Baltic First North, an alternative bond market managed by Nasdaq Vilnius. The bond issue ‒ with a total value of EUR 3 million ‒ was organised by Šiaulių bankas. The annual coupon rate is 4.5% and the bonds mature […]
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We advised LHV Varahaldus in investing in Peetri Keskus (Peetri Centre), situated in Peetri village on the outskirts of Tallinn. LHV pension funds have acquired secured bonds maturing in five years in the total value of EUR 8,5 million, issued by Peetri Keskus under two separate issues. Vahur Vallistu, CEO of LHV Varahaldus, said the […]