News not to be missed

COBALT has once again been shortlisted for the ITR EMEA Tax Awards in the “Tax Firm of the Year” category for the Baltic States. Recognizing the Best Lawyers in the Baltics Having won this award in 2023, this nomination reinforces..

COBALT advised Latvenergo Group’s Estonian subsidiary Elektrum Eesti OÜ on the acquisition of 100% shares in Solarpark Kuusalu OÜ from Justkull OÜ. The Kuusalu solar park generates electricity with nearly 27,000 south-facing bi-facial panels with a total capacity of 17.4..

Fitek Holding OÜ, funded by BaltCap, acquired FitekIN and ONEA software platforms from Unifiedpost Group. The transaction covered six different jurisdictions in Europe and involved both asset and share deals. BaltCap is the largest and most experienced private equity investor..

Karma Ventures led Silicon Valley-based Pactum AI’s $20 million Series B funding round. Other investors in this round included 3VC, Atomico, Project A, Superangel, PortfoLion and Maersk. Pactum AI develops an AI-based system for autonomous negotiations. Over the past half-decade,..

Are you interested in joining industry experts and peers to explore the practical steps crypto entrepreneurs need to take to comply with the latest regulatory requirements? Come join us at the “Understanding the 1 July Crypto Asset Market Act: Essential..

Lennuabi, a company specializing in flight compensation recovery, successfully settled a dispute with the charter airline SmartLynx. As a result, Lennuabi’s customers received nearly half a million euros in compensation for delayed and unexpectedly canceled flights. This spring, the Latvian..

COBALT is recognized as the leading law firm in the Central and Eastern Europe (CEE) region for the number of deals advised on during the first half of 2024, according to the mergers and acquisitions (M&A) rankings released by Mergermarket...

In Latvia, arbitration is frequently used to settle disputes, albeit court litigation is still the more prevalent method of dispute resolution. The main advantages of arbitration are seen its efficiency, especially considering the length of court proceedings (on average 3-5..