Cobalt has advised Hepsor Latvia on its sale of the property located at Ulbrokas Iela 30 in Riga to the East Capital Real Estate Fund IV in a share deal. Vilgerts advised the East Capital fund.

Cobalt has advised Indutrade on its acquisition of Labema.

Cobalt has advised BaltCap Private Equity Fund III on its acquisition of HansaMatrix via subsidiary SIA Emsco.

Cobalt has successfully represented Polish cereals seller Diaspolis in a dispute over purchased organic buckwheat deemed of poor quality.

At the end of 2022, the Latvian Supreme Court finally made a judgment in one of the dozens of civil cases stemming from the so-called Zolitude tragedy. 54 people died and dozens were injured back in 2013, when the roof of a trade center located in one of the suburbs of Riga, Zolitude, collapsed.

Cobalt has advised the Linas Agro Group on its acquisition of Grybai LT from Auga. Walless advised Auga.

Did You Know that, of the 30 lawyers who have worked on Estonian client matters reported by CEE Legal Matters so far this year, only seven have worked on more than one? The 2023 Estonian leaderboard is currently led by Sorainen Partner Toomas Prangli, who has worked on four reported client matters so far this year.

Cobalt has advised the Adampolis Group on becoming the official representative of MAN Truck and Bus SE in Finland by acquiring the MAN Truck & Bus Finland business from K-Auto.

Cobalt has advised BaltCap on its acquisition of Senior Baltic from Orpea. Ellex advised the seller.

Cobalt has advised Change Ventures on launching its EUR 20 million Fund III.

Cobalt has advised Baltu Lanku Vadoveliai on its partnership with the Klett group. Reportedly, Sorainen advised the Klett group.

Cobalt has advised the 888 Holding on its sale of two Latvian businesses – Mr. Green Latvia and William Hill Latvia – to Paf Consulting for a total consideration of up to EUR 28.25 million. QAP Legal reportedly advised Paf Consulting.

Cobalt has advised Lithuanian venture capital fund management company Practica Capital on its investment in anti-money laundering start-up Amlyze.

Cobalt has advised the Baltic Horizon Fund on its agreement with ECRE IV (Lux) for the full sale of BH Duetto – the owner of the Duetto I and II office buildings in Vilnius, Lithuania.

Cobalt has successfully represented the Republic of Estonia during the judicial proceedings in the VEB Fund case, with the fund having been established 30 years ago to address the issue of banking funds blocked in the Russian Federation.

Contributed by Cobalt.

Sorainen has advised BaltCap on its acquisition of a 70% stake in the Hansab Group. Cobalt advised Hansab's majority shareholders on the sale.

Cobalt has successfully represented the interests of Tukuma Auto in a dispute against the Road Transport Administration in Latvia regarding amendments to procurement agreements executed with Nordeka for the provision of public transport services by buses on regional route networks.