We advised investment management company Orion Asset Management on acquiring Plėtros investicijos, managing the Palanga bypass. SPV-39, a company managed by Orion Infrastructure Fund, acquired Plėtros investicijos from Kauno tiltai. The value of the transaction is not disclosed. Orion Infrastructure Fund is a closed-end investment undertaking intended for informed investors. One of the first public-private […]
We are pleased to announce that four of our integrated arbitration team’s practitioners are featured in the Who’s Who Legal: Arbitration guide. Connectedness and collaboration helped our regional international arbitration practice become one of the first teams from the Baltics and Belarus to join these prestigious ranks. Who’s Who Legal named the following four of […]
A foreign company represented by our team won a dispute in the Lithuanian Court of Appeal whose decision forms new case law exempting creditors from stamp duty if claiming annulment of transactions when bankruptcy proceedings are initiated against natural persons. So far the practice has been applied only in the case of bankruptcy of legal […]
On 25 November 2019, the Latvian Competition Council (Council) published a report on “Medicines: Price formation and possible restrictions on competition affecting their financial availability”. The aim of the study was to consider the factors affecting prices and financial availability of medicines in Latvia. The study compared the regulatory frameworks of Latvia, Lithuania and Estonia […]
We advised Nordic Investment Bank (NIB) on signing a EUR 17.5 million financing agreement with Kauno autobusai. The 15-year loan finances modernisation of the Kaunas public transport system and will be used to purchase 85 new low-floor electric trolleybuses to replace the majority of the current old electric vehicles in Kaunas. Says Henrik Norman, President […]
