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After assessing the epidemiological situation in Lithuania, the Government has adopted additional restrictions on business, education, movement of people, meetings and other fields. This resolution and the new restrictions will come into force as of Wednesday, 9 December 2020. In response to the additional restrictions, we have prepared this summary covering key information relevant to […]
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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 […]
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We advised PlanB Labs, an Estonian start-up developing the Language Drops language learning platform, in preparing for and closing the sale of Drops to Kahoot!, the world’s leading game-based learning platform. TOP 5 exit in Estonia Kahoot! is acquiring 100% of the shares in Drops for a total consideration reflecting an enterprise value of USD 31 […]
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We assisted Topup in creating a new mobile application, called TopUp, by offering the necessary legal support. Our assistance This assistance included developing relevant documentation (including the terms and conditions, and agreements with clients and cooperation partners) to facilitate the smooth launch of the TopUp application. The application is a digital platform that connects companies […]
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We provided legal assistance and represented the client in a post-M&A dispute, which arose from foreign investment in a Latvian company. Development of the proceedings To ensure a positive outcome for the client, in national court we requested security of the claim before initiating the arbitral proceedings. Subsequently, we initiated the arbitral proceedings in the […]