We successfully represented Unis Steel Baltija in an appeal to the Lithuanian Supreme Court in a dispute over the quality of goods sold by our client. In the appeal, Unis Steel Baltija challenged the client’s right to claim damages and the limitation period applicable to the claim. The Lithuanian Supreme Court’s decision develops case law. […]
We advised private equity fund INVL Baltic Sea Growth Fund on investing up to EUR 30 million in Grigeo’s cardboard and packaging business in several rounds. Under the signed contract terms, the fund’s subsidiary company BSGF Salvus will acquire up to 49.99% of the shares in Grigeo investicijų valdymas, a company owned by Grigeo, in two phases. The […]
Hotel Bergs ‒ a pearl of Riga architecture and design – a five-star boutique hotel in the heart of a city-centre pedestrian precinct, Berga Bazārs is the sole representative in Latvia of the prestigious Small Luxury Hotels of the World alliance. Well-organised documentation and competent employees are a significant step towards compliance with the new […]
We advised venture capital fund Open Circle Capital on investing EUR 100,000 in Lithuanian startup Attention Insight, which is developing an artificial intelligence-based tool. Lithuanian business angel network LitBAN and venture capital fund Koinvesticinis fondas also invested in the startup. Total investment amounts to EUR 200,000. Attention Insight system analyses user attention distribution Attention Insight […]
We advised Verse Payments Lithuania on obtaining an electronic money institution licence. Verse Payments Lithuania is a social payments app and is a fully owned subsidiary of Verse Technologies, based in Spain. Offers a full range of digital payment features The company plans to expand its operations in Lithuania and the EU offering users a […]