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Europe Guide
Firm Profile

COBALT

Firm Profile

Vilnius

  • Profile
  • Lvovo 25
  • Vilnius
  • Vilnius
  • Lithuania
  • LT-09320

Firm profile submitted by COBALT

Managing Partners: Dr Irmantas Norkus
Number of partners: 10 Number of lawyers: 70
Languages: English, French, German, Lithuanian, Russian


COBALT is a closely integrated alliance of top-tier law offices across the Baltics and Belarus uniting more than 180 attorneys and lawyers. COBALT offices are long-established and recognised top players in the Baltic and international legal market and have a strong track record of advising top international and regional businesses, financial institutions, state and local governments.



Banking & Finance:

3 partners, 4 fee earners based in Vilnius
■ Advising DNB Bank, the largest financial group in Norway and one of the leading credit institutions in the whole Nordic region, upon combining its operations with Nordea in Estonia, Latvia and Lithuania, with the aim of creating one of the leading banks in the Baltics. 
■ Advised Deutsche Bank as part of a consortium of international investors which financed the acquisition of a loan portfolio from bankrupt AB bank Snoras.
Key Clients: DNB Bank, Deutsche Bank, Nordea Bank AB, Estonia branch and Danske Bank A/S, EBRD, Landesbank Baden-Württemberg.
Contact: Akvilė Bosaitė, Elijus Burgis
Email: [email protected]; elijus.burgis@ cobalt.legal

Competition/Antitrust:
2 partners, 4 fee earners based in Vilnius
■ Together with Sheppard, Mullin, Richter & Hampton LLP in Brussels assisted the historical monopolist of the Lithuanian railways in the investigation currently conducted by the European Commission.
■ Advised Viking Malt Oy, the 5th largest European malting company and 9th largest in the world, in a merger clearance procedure and representing Viking Malt before the Lithuanian Competition Council.
Key Clients: Gjensidige Forsikring ASA, Deutsche Bank AG, Viking Malt Oy, UAB Coca-Cola HBC Lietuva, AB Lietuvos geležinkeliai (Lithuanian Railways)
Contact: Dr Irmantas Norkus, Elijus Burgis
Email: [email protected], elijus. [email protected];

Corporate/Commercial:
4 partners, 12 fee earners based in Vilnius 
■Advising DNB Bank, the largest financial group in Norway and one of the leading credit institutions in the whole Nordic region, upon combining its operations with Nordea in Estonia, Latvia and Lithuania, with the aim of creating one of the leading banks in the Baltics.
■ Advised Gjensidige, the second largest Nordic and Baltic insurance group, on the merger of its companies in the Baltic States.
Key Clients: DNB Bank, Deutsche Bank, Gjensidige, Nets, Mid Europa Partners, Coca-Cola HBC, AMIC Energy
Contact: Dr Irmantas Norkus
Email: [email protected]

Dispute Resolution:
3 partners, 20 fee earners based in Vilnius
■ Representing a major Latvian airport as a Respondent in a case initiated by former one of the biggest air carriers in Lithuania which is currently under bankruptcy proceedings.
■ Representing Lithuanian Railways in cases against the largest petroleum refining company in Baltic States AB Orlen Lietuva regarding reimbursement of debt for freight transportation.
Key Clients: Riga international airport, AB Lietuvos geležinkeliai (Lithuanian Railways), Veolia group companies in France and Lithuania, Enercon GmbH, SIA UniCredit leasing, Lithuanian subsidiary, East-West United Bank S.A.
Contact: Dr Rimantas Simaitis
Email: [email protected]

Employment:
1 partner, 3 fee earners based in Vilnius
■ Providing on-going advice regarding complex labour law issues in connection with operation of local subsidiary (data centre) of Western Union.
■ Undertook the revision of all standard employment documents used by the client, LIDL Stiftung & Co. and advised the client on their conformity to the employment law requirements of the Republic of Lithuania.
Key Clients: Western Union, LIDL Stiftung & Co. KG, ABS Europe Limited, Eli Lilly, Marks & Spencer, Caverion, CITCO.
Contact: Dalia Foigt-Norvaišienė
Email: [email protected]

Energy & Infrastructure:
1 partner, 10 fee earners based in Vilnius
■ Advised Vilniaus energija UAB, one of Lithuania’s largest heat and power producers and suppliers, in the civil case against Lesto AB regarding remuneration for the public services obligations for production of electricity power in combined heat and power plants.
■ Advised on development of Klaipeda LNG terminal, the Lithuanian floating storage and regasification project, which is one of strategic projects of Lithuanian government aiming at decreasing dependence of Lithuania’s energy sector on Russian energy resources. Key
Clients:
Rail Baltica Statyba, DANPOWER Baltic UAB, Lords LB Asset Management, LITGRID AB.
Contact: Simona Oliškevičiūtė-Cicėnienė
Email: [email protected]

Intellectual Property:
1 partner, 7 fee earners based in Vilnius
■ Advising Alcon Research Limited on different issues related to the patent infringement litigation.
■ Representing Bayer Schering Pharma AG in complex landmark litigation case relating to the infringement of patent.
Key Clients: AbbVie Inc. , Alcon Research Limited, Bayer Cropsience AG, Bayer Schering Pharma AG, Novartis Pharma AG
Contact:
Žilvinas Kvietkus
Email: [email protected]

Real Estate:
1 partner, 10 fee earners based in Vilnius
■ Advising Rail Baltica statyba UAB on the development of the strategic infrastructure project Rail Baltica.
■ Advised a private investor on the acquisition of a 35 000 sq. m Nordika shopping centre in Vilnius through the purchase of shares in UAB Nordika prekybos slėnis. The transaction was one of the largest in the Lithuanian real estate market in 2016.
Key Clients: EIKA UAB, AGUS Capital Management, Lords LB Asset Management UAB, Northern Horizon Capital, KS Boulevard C.V.
Contact: Simona Oliškevičiūtė-Cicėnienė
Email: [email protected]

Tax:
1 partner, 4 fee earners based in Vilnius
■ Advising a large regional real estate development company, in a unique and high profile dispute with the Lithuanian tax authorities on application of CIT exemption for collective investment vehicles.
■ Advising Lithuanian branch of Gjensidige Baltic on preparation and implementation of the new employee car policy.
Key Clients: Deutsche Bank, BOD Group, Gjensidige Forsikring, Bennet Distributors.
Contact: Rokas Daugėla
Email: [email protected]

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