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8 New Articles

On December 6, 2021, CEE Legal Matters reported that Motieka & Audzevicius had successfully defended Olympic Casino Group Baltija before the Supreme Administrative Court of Lithuania. CEE In-House Matters spoke with Monika Jakume, Legal Counsel at Olympic Casino Group Baltija, to learn more about the matter.

On May 21, 2021, CEE Legal Matters reported that Ellex Valiunas had successfully represented Western Baltija Shipbuilding in its appeal of a public procurement award to a consortium of Finnish companies to provide a specialized vessel for the Lithuanian Armed Forces to eliminate pollution incidents and carry out rescue operations in the Baltic Sea. CEE In-House Matters spoke with Andrius Digrys, General Legal Counsel at Western Baltija Shipbuilding, to learn more about the deal.

On June 22, 2021, CEE Legal Matters reported that Motieka & Audzevicius had advised Elektroniniu Pinigu Bite on obtaining an electronic money institution license. According to the firm, Elektroniniu Pinigu Bite “serves related companies – mutual lending and crowdfunding platforms FinBee, FinBee for Business, and their customers.” CEE In-House Matters spoke with Darius Noreika, CFA and CEO at Finbee, to learn more about the matter.

On April 13, 2021, CEE Legal Matters reported that the Vilnius office of Walless had advised the founders of the Alwark Group on the sale of 66% of their shares in the company to the KJK Fund III. CEE In-House Matters spoke with Gediminas Simkus, Member of the Board of the Alwark Group, to learn more about the sale.

On April 22, 2021, CEE Legal Matters reported that TGS Baltic had advised the Evernord Real Estate Fund III, managed by Vilnius-based investment firm Evernord Asset Management, on its acquisition of a 65% stake in Riga's Novira Plaza business center. CEE In-House Matters spoke with Arnas Vedeckis, CFO and Member of the Board at Evernord, to learn more about the deal.

On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.

On March 26, 2021, CEE Legal Matters reported that Motieka & Audzevicius, working with Orrick, Herrington & Sutcliffe, had advised Lithuanian start-up Turing College on its relocation to the United States in order to participate in Silicon Valley accelerator Y Combinator. CEE In-House Matters spoke with Benas Sidlauskas, Co-founder & CBDO at Turing College, to learn more about the matter.

On April 7, 2021, CEE Legal Matters reported that Sorainen had advised private equity company ConHostinger on the acquisition of an approximately 31% stake in Hostinger, a company providing web hosting, VPS, Internet domain registration, website building software, and e-mail services. CEEIHM spoke with Thomas Strohe, Partner at ConHostinger, to learn more about the matter.

On February 25, 2021, CEE Legal Matters reported that Cobalt had advised the shareholders of AGACAD, a Vilnius-based developer of building information modeling software, on the sale of 100% of their shares to France’s Arkance. CEE In-House Matters spoke with Donatas Aksomitas, Managing Director at AGACAD, to learn more about the sale.

On January 28, 2021, CEE Legal Matters reported that Sorainen has advised Open Circle Capital on its investment in Monimoto, a company developing smart trackers for motorcycles. CEEIHM spoke with William Cardwell, Partner at Open Circle Capital, to learn more about the matter.

On March 4, 2021, CEE Legal Matters reported that Walless had advised Evli Growth Partners as one of the investors in the USD 9.5 million Series B funding round of 3D model trading platform CGTrader. CEEIHM spoke with Riku Asikainen, Managing Partner & Founder at Evli Growth Partners, to learn more about the deal.

On October 28, 2020, CEE Legal Matters reported that Triniti Jurex had successfully helped Termolink obtain damages from a general contractor for work the company performed on an unspecified project. CEEIHM spoke with Valdas Garmus, Director at the Termolink, to learn more about the dispute.

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