Former Sorainen Senior Associate Dalia Augaite has joined TGS Baltic as an Associate Partner in Lithuania, at the beginning of September.

Sorainen has advised the Vilnius Coding School on the acquisition of Baltijos Kompiuteriu Akademija from its founders.

Former Lietuvos Pastas Head of Legal and Public Procurement Gabija Kuncyte has joined Compensa Life Vienna Insurance Group SE as its Chief Legal and Compliance Officer in Lithuania.

Ramunas Kontrauskas has joined TGS Baltic's Lithuanian office as a Partner and Co-Head of the Dispute Resolution Specialisation Group. 

Cobalt has advised Trophy Games Development on its acquisition of Piu-Piu.

On September 1, 2022, Cobalt announced that Bewi's Acquisition of BalPol (reported by CEE Legal Matters on July 22, 2022) has now closed.

Motieka & Audzevicius has advised the Linas Agro Group on its sale of assets in Russia and Belarus to undisclosed buyers and exit from the Russian market.

On June 28, 2022, CEE Legal Matters reported that Motieka & Audzevicius, working with Osborne Clarke, had advised the Orion Private Equity Debt Fund I on its EUR 7 million acquisition of secured mezzanine bonds issued by Austrian real estate developer Soini Asset to finance its real estate projects in Germany. CEE In-House Matters spoke with Benas Poderis, Head of Investment Management Department at the Orion Private Equity Debt Fund I to learn more about the deal.

Walless has advised LitCapital on its investment in the peer-to-peer sharing platform Sena.lt (Horizontal Media).

TGS Baltic has successfully represented Vilnius CHP in front of the Stockholm Chamber of Commerce arbitral tribunal on a contract termination dispute with Polish boiler maker Rafako.

Radu Taracila Padurari Retevoescu and TGS Baltic have advised GreenGroup on its acquisition of Lithuanian recycling company Ecso.

Influenced by geopolitics and the ongoing state of emergency measures, Lithuania is dealing with high construction prices and a decreasing number of investments, according to Noor Managing Partner Giedrius Murauskas.

Motieka & Audzevicius has advised Orbio World on the acquisition of Neorus from Ingrida Cerniauskaite. Noor advised the seller on the deal.

Cobalt has advised Braitin on its acquisition of the Prie Vilneles project in Markuciai from developer Realco.

As the main trends of the transaction market in the first half of 2022, the boom of startups and the changes in their valuations, the undiminished confidence of foreign investors despite the geopolitical situation, and the ongoing consolidation of the health care and renewable energy sectors can be singled out.

Noerr has advised Rebelle as the target company of a public takeover offer made by Lithuania's Vinted. Gernandt & Danielsson reportedly also advised Rebelle. Roschier and Hengeler Mueller reportedly advised Vinted.

Fort Legal has advised Eften Capital on the acquisition of the Talino real estate project from Rewo. Walless advised the seller.

BNT Attorneys in CEE has advised Aros Marine on the insolvency proceedings of Germany’s MV Werften group.