We advised Digital Active, a virtual currency exchange and wallet service provider in Estonia on the process of submitting a complaint and an application for interim relief to the administrative court against the Financial Intelligence Unit in response to a decision to revoke the client’s virtual currency service activity license. Incorrect interpretation of the law […]
We represented Sunly Land, a part of Sunly, the Baltic renewable energy and cleantech innovation energy group, in the issue of bonds in the value of up to 14 million euros with a 5-year maturity. LHV pension funds will invest in the bonds. Focus on solar power plants With the investment, Sunly plans to grow its […]
Deals & Cases / Dalia Augaitė, Rimantas Bendorius
We advised Modus Group in launching a second public bond issue planned to attract investment of EUR 8 million. Funds will be used to refinance the EUR 5 million bonds issued three years ago and to finance renewable energy projects as well as development of sustainable mobility services. The bond issue is planned in two phases: […]
The UK is known as the largest insurance industry in the EU and the 4th largest in the world. According to the London Market Group, over GBP 9 billion of premium is brought annually to the London Insurance Market by brokers on behalf of EU clients. So, up until now, the UK has been a leading exporter of […]
Deals & Cases / Tomas Kontautas, Laura Matukaitytė, Liutauras Vasiliauskas
We advised Bittiq – a Netherlands-based company launching account information business across Europe. The Lithuanian subsidiary of Bittiq – Connectly – will be one of the first companies launching the business based on the new service under the second Payment Services Directive (PSDII) – account information service. Connectly enables consumer centric services based on analysis […]
