Deals & Awards

23
03 / 16

Swedbank received permission to take over the retail banking services of Danske Bank in Lithuania and Latvia

The Scandinavian financial group Swedbank has received the green light to take over a part of the Latvian and Lithuanian retail banking businesses and a part of the leasing business in Lithuania of Danske Bank, one of the Northern Europe’s leading financial institutions, after respective competition authorities and financial market authorities in both the countries have cleared the transition.

10
03 / 16

INVL Baltic Real Estate successfully allocated over EUR 9 million share issue

AB INVL Baltic Real Estate, an investment company specialising in investments into real estate, successfully allocated over EUR 9 million share issue on the NASDAQ OMX Vilnius. The Company's shares were admitted for trading on the regulated market at the beginning of March 2016.

08
03 / 16

Tark Grunte Sutkiene has successfully represented GFC Good Finance Company AS

Tark Grunte Sutkiene has successfully represented payment institution GFC Good Finance Company AS before the Estonian Financial Supervision Authority in the proceedings for application of the cross-border payment services provision in Polish Republic.

29
02 / 16

Successfully represented Ūkio Bankas in a dispute against Renaissance Insignia Limited

Tark Grunte Sutkiene successfully represented bankrupt Ūkio Bankas in a dispute against Renaissance Insignia Limited, a company registered in the island of Jersey, on recovery of funds by way of non-bankruptcy procedures by concluding a financial collateral agreement in accordance with the Financial Collateral Arrangements Law.

15
02 / 16

Tark Grunte Sutkiene successfully represents the Public Utilities Commission in the case on third party access to gas infrastructure in Latvia

The Administrative Regional Court terminated the judicial proceedings in the administrative case initiated by AS “Latvijas Gāze” regarding the Regulations on the use of natural gas transmission system and the natural gas underground storage facility in Inčukalns.

27
01 / 16

Lietuvos Energija acquired wind farms in Lithuania and Estonia for EUR 28 million

Tark Grunte Sutkiene advised Lietuvos Energija (Lithuanian Energy) on the acquisition of two companies – Eurakras and Tuuleenergia – that own wind farms in Lithuania and Estonia in two deals worth 28 million euros in total, marking the state-owned energy group's first investment abroad.

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