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Coinvest Capital has closed an investment in the Lithuanian crisp producer CHAZZ. Exactly six years after the first investment of the venture capital fund Coinvest Capital in the company Gusania, which produces CHAZZ chips, the fund sold its 26% stake.
MoreInMedica group continues its earlier expansion in the field of dental services and acquired Panevėžio odontologai, a dental clinic operating in Panevėžys. This is the second dental clinic acquired by the Group in Panevėžys and the fifth in Lithuania.
MoreTGS Baltic Estonian head of healthcare & life sciences, Ingeri Luik-Tamme, in cooperation with Dr Stephan Netzle (Times Attorneys, Switzerland) represented ESTCIS in appeal procedures in the Court of Arbitration for Sports (CAS, Lausanne, Switzerland). Now a Legal Counsel at Sunly, former TGS Baltic Associate Robin Luts, was also part of the team.
MoreTGS Baltic advised Kilo Health, active in health & wellness global market, on EUR 300 000 investment in Revolab, a Lithuanian startup that has developed a smart blood testing app. The investment will be used for product development in the EU and the US.
MoreOn 9 April 2020, a flight with the first cargo delivering one million surgical face masks arrived in Latvia. A total of 2 million surgical masks will be delivered to Latvia.
MoreTGS Baltic carried out a comprehensive assessment of the GDPR compliance of a pharmacy chain: we reviewed the business processes of all the companies in the group and drew up a particularly detailed report and action plan.
MoreTGS Baltic is representing the national TV broadcaster in a legal dispute with a software development company for creation and development of the content management system for Video on Demand services that the national broadcaster is providing for free to all its viewers.
MoreTGS Baltic advised VIKONDA Group (VIKONDA Concern), one of the biggest business groups in Lithuania with significant interests in food, trade, crop, media industries, construction, and other services, with a consolidated annual turnover of approximately EUR 145 million, on a complex holding restructuring.
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TGS Baltic advised LRT, a national broadcaster on acquisition of new content management system and software for its webpage and media archive, that now is accessible via the internet and other all content broadcasted by two channels LRT and LRT KULTURA as well as other original content. The matter related to the consultations of structuring of the transaction, IP acquisition matters, publishing matters in the internet and other.
On 1 June 2017, at a special awards ceremony at the Intercontinental Hotel in Warsaw, Eugenija Sutkienė was named the Market Maker for Lithuania, which is a special lifetime achievement award given to a senior lawyer identified by peers as having played the most influential and significant role in creating the country’s modern legal market
MoreTGS Baltic successfully represented an orthopaedic technical products manufacturer in Lithuania in a dispute with the National Health Insurance Fund with regard to the right to issue orthopaedic technical products to the patients and receive compensation from state funds.
MoreTGS Baltic successfully represented one of the largest companies in the sector of orthopaedic technical products in a legal dispute against the Republic of Lithuania regarding the refusal to compensate the client for orthopaedic technical products issued by the company to patients (case re State liability).
MoreIFLR1000 (International Financial Law Review) is the guide of world’s leading financial law firms. The guide analysis and ranks more than 120 jurisdictions in the world.
MoreTGS Baltic is the main legal advisor of Northway Group, which consists of 11 companies dealing in pharmacy and biotechnologies, provision of health care services and investments.
MoreTGS Baltic advised Novo Nordisk on the reorganization of its supply chain for medicinal products in the Baltic States, and prepared the relevant documentation.
MoreTGS Baltic provides day-to-day legal assistance to a manufacturer and distributor of medicinal products in Latvia, including regarding discounts for medicinal products offered to hospitals through public tenders and donations of medicinal products to hospitals, clinical trials, safety reporting, suspected unexpected serious adverse reactions, scientific services, M&A and corporate, employment, data protection, bribery and competition law issues.
TGS Baltic drafted an agreement of manufacturers of medicinal products with the National Health Service on including of innovative medicinal products in the list of reimbursable medicinal products pursuant to the requirements set by the Cabinet regulations No.899 “Procedures for the Reimbursement of Expenditures for the Acquisition of Medicinal Products and Medicinal Devices Intended for Out-patient Medical Treatment”.
Chambers Europe, a major European legal directory, gave TGS Baltic the highest rankings in corporate/commercial, employment, competition/antitrust and energy practices in its 2013 edition.
MoreTGS Balticconsulted and represented Laifarma, a group of companies engaged in the distribution and marketing of medical substances and devices, in matters related to IP protection, trademark registration procedures, claims against Laifarma and all issues of IP portfolio management.
TGS Baltic represented a number of associations of healthcare institutions in the successful request for the European Commission to open a case regarding potential violations of EU law in proposed amendments to Lithuania's Law on Health Insurance.