Cobalt has advised Arunas Kuraitis on a 30-year lease of a building in Vilnius's Old Town from Lithuania's Jesuit Province. Wint advised the Jesuit Province on the deal.

Cobalt has advised Practica Capital on the final close of the Practica Venture Capital II fund, which included a EUR 2 million investment from Swedbank Asset Management. The total fundraising amount reached EUR 28.5 million.

Cobalt Latvia has advised two natural persons in an administrative appeal of a decision of Latvia's Office of Citizenship and Migration Affairs denying them residence permits due to non-compliance with the provisions of the Immigration Law.

Cobalt has successfully represented Protex Balti in a dispute with Amigtex before the Harju County Court and Tallinn District Court.

Cobalt has successfully represented textile solutions supplier Protex Balti AS in a dispute with Amigtex, the vendor of Optitex software, before the Harju County Court and the Tallinn District Court.

Cobalt has represented Latvia's Central Election Commission in proceedings before the Regional Administrative Court in Riga regarding the annulment of extraordinary elections to the Riga City Council.

Cobalt has advised Dithmarschen Baltic GmbH on its acquisition of 100% of Dan-Lat Invest and ODK & RB. Actus Q reportedly advised the sellers on the deal.

Dispute Resolution specialist Zygimantas Pacevicius has moved from Sorainen to Cobalt in Lithuania.

Cobalt has advised capital300 and Chalfen Ventures on a EUR 5 million series A investment into Riga-based startup Lokalise.

The Lithuanian office of Cobalt and Denmark's Accura law firm have advised INVL Baltic Sea Growth Fund on its acquisition of a 48% stake in MBL from Accession Mezzanine Capital III and the Lauritsen family. The Horten, Gessel, and Norton Rose Fulbright law firms reportedly advised the sellers.

The Lithuanian office of Glimstedt has advised UAB CGP Management on the sale of four private medical service operators in Lithuania to Latvia's Repharm healthcare group. Cobalt advised Repharm on the deal.

The ongoing COVID-19 pandemic and various related restrictive measures have created an extraordinary human, business, and legal situation in Lithuania. The Energy sector (like all others) has become subject to various restrictions and challenges, including restrictions on the movement of workers, partner liquidity issues, reduced demand for energy resources, etc. As everywhere else in Europe, Lithuanian electricity market participants have faced a significant decrease in wholesale electricity market prices. Moreover, it is already clear that COVID-19 has negatively affected the international supply chain, as the energy market participants experience disruptions and delays in the performance of contracts and project delivery. In these extraordinary circumstances, industry players (including operating power plant operators, project developers, and so on) have a reasonable expectation that the government will take the effect of the ongoing international crisis into account if developers do not bid in time in auctions or miss their project deployment deadlines.

Cobalt has successfully represented the Latvian Television public TV network before the Administrative District Court and Administrative Regional Court of Latvia against an association of political parties challenging the rules set by the network related to the allocation of airtime leading up to the elections of the 13th Saeima (parliament) as unlawful.

TGS Baltic has advised Moller Real Estate Baltic AS on the acquisition of a 2,300-hectare land plot near the Riga International Airport and a former British American Tobacco Latvia office-warehouse building located on it. Cobalt advised the unidentified sellers on the deal.

Cobalt has advised UAB Sonex Consulting on the sale of a 6,948 square meter business center in Vilnius to EfTen Real Estate Fund III, which is managed by EfTEN Capital. Fort Legal advised EfTen on the deal.

Cobalt has advised the Rubylight technology investment fund on its participation Tandem's USD 5.7 million Series A round of financing, which also included investors Brighteye Ventures, Trind Ventures, and GPS Ventures.

Cobalt has advised Estonia's Helmes on its acquisition of all shares of software development company T2T from Latvia's Tet. 

Cobalt has advised Estonia-based real estate development and management company Capfield OU on a EUR 85 million financing it received from Luminor.