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We are representing Pärnu real estate developer Parem Kallas against the Estonian state during proceedings at the European Court of Human Rights. The complaint is for compensation for damages caused by expropriation for an unreasonable duration (more than 20 years). Unprecedented legal battle In this unprecedented dispute, the ECHR has, for the second time in […]
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We represented banks-dealers in Lithuania’s issuance of two new Eurobond issuances: a €1 billion, 5-year bond and a €1 billion, 15-year bond. “Today, we have borrowed a significant amount, securing one-third of this year’s planned foreign borrowing. Additionally, for the first time since 2021, we issued a bond with a maturity of more than 10 […]
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We advised DECENTRALIZED GLOBAL PAYMENTS, S.L., a part of Block Inc. group, in the sale of its subsidiary holding an e-money institution license, Verse Payments Lithuania, UAB. This transaction marks a significant step in the fintech sector and opens new opportunities in the financial services market. It is expected, that the new owners will continue […]
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We assisted the Ministry of Transport and the Latvian state in signing an agreement with Lufthansa Group, a strategic investor in airBaltic. According to the transaction documents signed, Lufthansa Group will acquire a convertible share representing a 10% stake in airBaltic, which will be issued at a subscription price of EUR 14 million. Additionally, Lufthansa […]
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We advised Oxipit, an AI medical imaging application developer, on a major partnership deal. On 17 February 2025, Unilabs, a leading European diagnostic services provider, announced the selection of Oxipit’s AI solutions to be deployed for chest X-rays throughout Unilabs’ European network. With this collaboration, two great companies are paving the way to better and […]