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Deals & Cases / Laurynas Lukošiūnas, Greta Kubiliūnaitė
The Lithuanian Court of Appeal upheld the first instance court ruling in a precedent-setting case concerning damages related to company losses. The Court of Appeal dismissed the appeal and ordered Kėdainių aruodai to pay the litigation costs. On 30 October 2019, the court decided in a final ruling that potential loss-making business transactions do not automatically […]
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We advised Nordea Bank and DNB, major financial services groups in northern Europe, on the financing that Nordea and DNB provide to Luminor Group for developing Luminor’s lending activities, group liquidity buffers and refinancing existing debt. Securing the financing We also advised Nordea and DNB in negotiating a highly bespoke collateral package to secure the […]
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We are advising Baltic private equity investment fund Livonia Partners in the acquisition of Klaasimeister, an Estonia-based export-driven glass processing company. The parties have reached an agreement and the transaction is expected to close at a later date, subject to approval by the Estonian Competition Authority. Bringing the company to next phase Klaasimeister is a […]
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We assisted BnB Group, a rapidly expanding logistics company in Lithuania, in a dispute with a Latvian customs broker and Russian customs regarding a customs debt. The debt was imposed on our client for failing to deliver a cargo to customs within transit terms. The cargo was stolen using a scam scheme. Eventually, an amicable […]
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We represented Latvijas Pārtikas ražotājs, a popular Latvian manufacturer of culinary products and confectionery, that successfully developed “Latvijas Labumi” the trade mark, in a dispute that lasted almost three years with Andrejs Fraimanis for invalidation of an immovable property (production facility) purchase contract and revocation of an assignment contract. Essence of the dispute In this […]
