On 1 November 2021, important legal changes that will apply to companies that sell food, drinks or agricultural products will come into effect. The UTP (Unfair Trading Practices) Directive will be transposed to Lithuanian law. One of the goals of this Directive is to ensure balanced relationships between buyers and suppliers. What does this mean […]
We advised Estonian real estate company Arco Vara on the secondary public offering of shares and listing new shares on the Main List of the Nasdaq Tallinn stock exchange. Great interest from the market The issue of Arco Vara was extremely popular among investors with the offering being over-subscribed 4,8 times. According to Miko Niinemäe, […]
We advised venture capital firm Global PayTech Ventures on investing in the Lithuanian payment startup kevin. In the seed funding round, the company raised USD 10 million. This is the largest seed round investment total in the Baltics this year, and one of the largest in the whole of Europe. Global PayTech Ventures, founded by […]
Several amendments to the Latvian Insolvency Law have been adopted over the course of the Summer. In addition, a separate law providing for the discharge of obligations of natural persons has been passed and will come into force on 1 January 2022. Here is an outline of these changes. Our colleague Edvīns Draba sharing the […]
We advised the French asset manager Eiffel Investment Group on providing EUR 20 million in funding to the renewable energy company Green Genius. The funds will be used to complete the development of solar power plants in Italy and Spain. Innovative financing for diversified projects Pierre-Antoine Machelon, Managing Director and CIO Energy Transition at Eiffel Investment […]