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M&A and CorporateRegulatory & Competition
On 16 March, in London, Eugenija Sutkienė was awarded as the European Managing Partner of the Year in The Lawyer European Awards 2017. E. Sutkienė is the Managing Partner of TGS Baltic, a leading law firm in the Baltics, and has worked in commercial law for over 30 years.
TGS Baltic’s M&A and litigation teams assisted Estonian company 1Home Group AS with acquisition and commencement of management of a student hotel at Lauvas 2, Riga, Latvia, that borrowed a loan of EUR 8.4 million from AS DNB banka for expansion of the business of rental housing for students in the Baltics and Poland.
TGS Baltic’s M&A team assisted 20% shareholder of SIA VUDLANDE (LV) with buy-out of 80% shareholder of the company - Latvian Timber Ltd. (UK), obtaining 100% shares of SIA VUDLANDE as the result of the transaction.
The firm’s M&A team led by associate partner Kadri Kallas advised Citypark Eesti, one of the largest parking services providers in Estonia, on selling its shares to a Stova which belongs to the Lithuanian headquartered Modus Group.
TGS Baltic advised a private investor in sale of the shares in UAB Verslama, which develops a new construction project in Vilnius city. Our assistance included drafting and negotiating transaction documents, as well as complete assistance in achieving conditions precedent and closing the transaction.
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