Sorainen has advised UAB Sostines Bokstai on the launch of the sixth tranche of its bond issue. 

Walless has advised Iron Wolf Capital on the launch of its EUR 100 million early-stage fund.

Former Ellex Partner Migle Petkeviciene has joined Sorainen as a Partner.

Sorainen has successfully advised Saferoad on obtaining Lithuanian Competition Council clearance for the acquisition of 100% of the shares in Gatas.

On June 3, 2025, Sorainen announced that ICA Gruppen's sale of Rimi Baltic Group to Salling Group (as reported by CEE Legal Matters on March 12, 2025) has now closed.

Walless has advised Vilnius City Municipality on securing European Commission approval for key amendments to the financing structure of the National Stadium project in Vilnius.

Widen has advised Enghouse Systems Group on its acquisition of Trafi.

Sorainen has advised Alchemy on its acquisition of DexterLab.

Lithuania’s government has been active in constantly improving the business environment from a legal and tax perspective during the past several years, according to Triniti Partner Giedre Ciuladiene. With the recent change of the government in 2024, adjustments are expected in investment and tax policies, with potential effects on private equity, venture capital, stock options, and legal work around restructuring and deals.

Walless has advised Milgard Capital on obtaining a license from the Bank of Lithuania to operate as a manager of Collective Investment Undertakings for informed investors.

Widen, working with Mason Hayes & Curran, has advised Stp.One on its acquisition of Amberlo. Noor advised the selling shareholders of Amberlo.

Walless has advised joint lead managers Citigroup Global Markets Europe, ING Bank, and Skandinaviska Enskilda Banken on Akropolis Group’s EUR 350 million green bond offering. TGS Baltic advised Akropolis Group.

Big law firms can coast on boring slogans. They’ve got the clout, the infrastructure, and the impressive list of past clients to do the talking. But if you’re a smaller firm and your website sounds like everyone else’s, you are disappearing into the beige background of legal marketing noise.

Walless has advised Lithuanian biotech startup Vugene on its EUR 1 million investment round led by Superhero Capital, with participation from NGL Ventures, Coinvest Capital, and a syndicate of angel investors. TGS Baltic reportedly advised Superhero Capital and Coinvest Capital.

TGS Baltic has advised Vilniaus Prekyba on the sale of its subsidiary Delano to Defood.

The European Accessibility Act (EAA), approved in 2019, takes effect on June 28, 2025. The Act requires a wide range of products and services – such as consumer electronics, vending machines, websites, and mobile apps – to meet accessibility standards for people with disabilities.

Sorainen has advised Eiffel Investment Group on a EUR 20 million debt financing provided by the Eiffel Energy Transition III fund to Envolve Capital.

Ellex has advised Nordic Solar on securing EUR 24.15 million in financing from Swedbank for the completion of its 80-megawatt photovoltaic park in the Svencionys district in Lithuania.