We advised Koinveticinis fondas on investing in Ligence – a Lithuanian startup, which is developing an automated cardiac ultrasound diagnostic solution based on artificial intelligence. Koinvesticinis fondas together with Vladas Lašas and other members of the business angels network LitBan has invested EUR 360 000 in the startup. The product will contribute to the fight against […]
We advised Montonio, a new generation fintech, in raising EUR 500 000 provided by both Estonian and international investors. Innovation in point-of-sale financing Montonio, which is making its mark in the hire purchase markets of Estonia and Lithuania, has created a new point-of-sale financing solution that allows online shoppers to receive several instalment offers from […]
We successfully defended the Union of Lithuanian journalists and other journalists’ interests in a case investigated by Lithuania’s Supreme Administrative Court regarding defence of the constitutional right to receive, to collect and to share information. Court affirms that the Government violated journalists’ rights The Union of Lithuanian journalists and other concerned journalists went to court […]
On 16 July 2020, the Court of Justice of the European Union (CJEU) issued a judgment in the so-called “Schrems II” case (case C-311/18, see full text and press release), which will have a significant impact on transferring personal data outside the EU and the EEA. The decision is likely to cause some uncertainty and […]
We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]