As of 1 November 2022, stricter requirements for the activities of virtual currency exchange operators and depository virtual currency monetary operators (VASP) entered into force in Lithuania. These requirements are provided by the amendment to the Money Laundering and Terrorist Financing Prevention Law of the Republic of Lithuania (PPTPF Law). Among the new requirements, minimum […]
Deals & Cases / Augustas Klezys, Agnė Sovaitė, Ieva Dagytė
We advised Legal Balance on the listing of their bonds on Nasdaq Baltic First North, an alternative bond market managed by Nasdaq Vilnius. The volume of the issue was EUR 2 million. The bonds were distributed by FMĮ Evernord and mature on 10 November 2025. Legal Balance offers professional services in the field of debt […]
Deals & Cases / Augustas Klezys, Asta Augutytė-Rapkevičienė, Lina Ragainytė-Mezenė, Ieva Dagytė, Simonas Šlitas, Justina Paškevičienė, Svetlana Rudaja, Goda Drąsutė, Laurynas Kontenis, Goda Jakubauskaitė, Sandra Aleksandravičienė, Andrius Pilitauskas
We advised the French investment company RGREEN INVEST on providing EUR 42 million in funding to the renewable energy company Green Genius. The funds will used to build eight solar projects in Lithuania, with a total capacity of 65.7 MW. Sharing a strong aspiration for sustainability “Faced with the imperative to end European dependence on […]