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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 […]
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We successfully represented the bankruptcy trustees of Saaremaa Laevakompanii in a dispute over the recognition of a EUR 9 million claim. The opposing party in the litigation was the bankruptcy trustee of the insolvent company Reyna Trade, whose claim was completely dismissed. This court victory significantly impacts Saaremaa Laevakompanii’s bankruptcy proceedings, as it will lead […]
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In last year’s Shared Mission project, we provided pro bono legal assistance to Fintelligence during the development phase of its reputation check IT tool. About Fintelligence Fintelligence has developed a reputation-checking IT tool using AI and machine learning, searching and analysing information in 100+ languages. The solution provides a reputation and risk assessment (security, sanctions, […]
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We advised Giraitės ginkluotės gamykla, the largest military and civilian ammunition manufacturer in the Baltics, on entering into partnership with the German defence technology company Rheinmetall, the Lithuanian energy transmission and exchange group EPSO, and the state-owned company Valstybės investicinis kapitalas (State Investment Capital). A shareholders’ agreement was concluded to regulate the acquisition of shares […]
