Cobalt > Vilnius, Lithuania > Firm Profile

Cobalt
Lvivo 25
09320 Vilnius
Lithuania

Lithuania > Banking, finance and capital markets Tier 1

The banking and finance practice group at Cobalt assists clients with large financing transactions, M&A transactions involving financial institutions, financial regulatory matters, and financial compliance. Recently, the firm has seen involvement in some of the largest assignments in the market, and alongside its Estonian and Latvian offices, provides advice across the Baltics. The team benefits from the joint leadership of Akvilė Bosaitė, who is well respected for her experience in large financing projects, both in Lithuania and foreign jurisdictions, and Eva Suduiko, who in recent years has been involved in large banking industry transactions, large financing transactions, and complex capital market deals.

Practice head(s):

Akvilė Bosaitė; Eva Suduiko

Testimonials

‘They are good at getting deals done and take over the client’s goals as their own. Highly responsive.’

‘Given that Cobalt satisfies all our needs we have never needed to instruct another law firm in Lithuania. Highly responsive and always meets the deadline. They make difficult things happen.’

‘They are highly effective advisors who guide us through complex financing tasks. The COBALT team leverages its outstanding members to provide expert advice on preparing necessary documentation, ensuring compliance with market standards, representing us before authorities, and more. We highly recommend their services.

‘Very professional team. Listens to the client’s needs, and understands the bigger picture while providing assessments and opinions.’

‘Eva Suduiko is a top professional in the banking field. Has deep knowledge of the banking field and regulations.’

‘Cobalt’s unique point is its dynamic, forward-thinking approach to law. The team is not just great at providing legal advice—they’re brilliant at understanding the bigger picture and the specific needs of each client.’

‘We want to express our sincere appreciation for Eva Suduiko’s exceptional contributions. Her insightful input, attention to detail, and proactive approach have driven success.’

Key clients

Luminor Bank AS

Vinted

Viola Credit

Invalda

Eika

Consilium optimum

EBRD

European Energy A/S

Work highlights

  • Assisted Vinted, UAB one of the largest and most successful startup companies in Lithuania (now operating across several jurisdictions in Europe), with obtaining its first-ever bank loan from ING and BNP Paribas.
  • Advised Viola Credit on a multi-jurisdictional securitisation transaction involving a Lithuanian originator UAB Hokodo (electronic payment institution).
  • Advised Invalda INVL on the issuance of EUR bonds in the amount of up to EUR25m and listing thereof with the Baltic Bond List of Nasdaq Vilnius.

Lithuania > Commercial, corporate and M&A Tier 1

Cobalt‘s team, comprising both the corporate and M&A and commercial practices, handles some of the most prominent transactions in the region. With specialties in renewable energy, deep technology, agriculture, e-commerce, healthcare, and financial services, the practice is able to draw upon a wide and varied experience when handling client matters. The team provides advice to majority shareholders on sales, and both the targets and purchasers on major M&A transactions and share purchase agreements. The team is jointly led by Irmantas Norkus, who has extensive experience in private and public M&A transactions, and Elijus Burgis , who heads the firm’s corporate transactions department. Further, Juozas Rimas specialises in private equity M&A deals, and Žilvinas Kvietkus has a well-established practice and reputation in the areas of life sciences and pharmaceutical law.

Practice head(s):

Irmantas Norkus; Elijus Burgis; Juozas Rimas; Zilvinas Kvietkus

Key clients

Kongsberg Defence & Aerospace AS

Highland Europe

Avitelos prekyba

Akola

E energija

Mid Europa Partners

Johnson & Johnson

Sygnity S.A

Kesko Senukai Lithuania

STADA Arzneimittel

RS Group

Moog Inc

European Energy

Bauer Media

Novian Group

Masergy Communications, Inc.

AT&T

Huawei Technologies (Vilnius), UAB

Bolt

Volkswagen Gmbh

Mastercard

Visa

Work highlights

  • Advised Bauer Media Group as the local counsel on the merger by Netrisk Group and Bauer Media Group of online comparison businesses in Central and Eastern Europe.
  • Represented JSC E energija, in completing the sale of a wind farm of the E energija Group to JSC Ignitis Renewables, which belongs to Ignitis Group, one of the largest energy companies in the Baltic States.
  • Represented Hawk Infinity, a Norwegian investment company, in the acquisition of RoboLabs, an artificial intelligence-based financial accounting software startup.

Lithuania > Dispute resolution Tier 1

Cobalt‘s dispute resolution team regularly handles a range of business-related disputes. With a strong team demonstrating a considerable breadth of experience and knowledge, the firm is engaged by clients in public procurement disputes, white-collar crime cases, and bankruptcy and restructuring litigation, as well as handling unfair competition, competition infringement, and real estate and construction-related disputes. The talented Rimantas Simaitis leads the team, with areas of expertise including both litigation and alternative dispute resolution; he has considerable knowledge and an ability to handle client issues in the energy and transport industries.

Practice head(s):

Dr Rimantas Simaitis

Testimonials

‘Excellent collaboration, professional experience, and business context understanding.’

‘Warm communication.’

Key clients

AB Lietuvos geležinkeliai

Veolia Environnement S.A.

UAB Vilniaus energija

Enercon GmbH

Uždaroji akcinė bendrovė GRIFS AG

Riga International Airport

AB ORLEN Lietuva

UAB Merko statyba

Merko Ehitus AS

VIA LIETUVA, AB,

UAB ATEA Baltic

Air Baltic Corporation A/S

Vakarų medienos grupė

UAB ARX

UAB Pramonės energija

BOD group

UAB Alna

UAB Alna Business Solutions

UAB Alna Software

UAB ITALIANA LT

Steinmuller Babcock GmbH

Rituals Cosmetics enterprise B.V.

A/S BMGS

Work highlights

  • Representing Veolia Group companies in a case regarding damages, initiated by the Republic of Lithuania (represented by the Ministry of Energy).
  • Represented one of the largest creditors (an independent player in the Nordic energy market) in the out-of-court insolvency proceedings of AB Inter Rao Lietuva.
  • Represented UAB Vilniaus Energija (a Veolia Group company) in a dispute against Lithuanian distribution network operator Ignitis, AB regarding discrimination against other CHP plants and the state-owned electricity plant.

Lithuania > Employment Tier 1

Cobalt‘s employment law practice group serves a diverse range of clients from a variety of industries, including financial services, healthcare, technology, manufacturing, and retail. The team advises clients on policy updates, contract reviews, dispute resolution, and cross-border restructurings. Recent work includes comprehensive advice to McDonalds regarding various employee training programmes in Lithuania, alongside updating employment contracts to align with local laws and regulations for Wolt Enterprises Oy. The team is led by Jovita Valatkaitė, who brings particular expertise in handling group redundancies, complex individual redundancies, restructurings, and employee reduction strategies.

Practice head(s):

Jovita Valatkaitė

Testimonials

‘Truly hearing customer’s needs and offering tailor-made solutions.’

‘Jovita Valatkaitė – an experienced professional who can stand in customer’s shoes and, therefore, offer the best solutions. Good listener.’

‘Very professional advice on employment, great advice, professional service.’

‘Jovita Valatkaitė is extremely professional and customer-oriented. New ways of working with customers.’ 

‘The professionalism, quick response and strict adherence to deadlines.’

‘Lawyers not only know their work well, but also listen carefully to the needs of us, as the specific clients.’

‘Attentive approach and valuable advice, cooperation and continuous consultation, professional case preparation and management of large amounts of information.’

Key clients

Google

Vipps MobilePay

McDonalds

Spa Birštonas

Fortrea

Amazon.com, Inc

ERGO

Endress+Hauser

FedEx

AT&T Inc.

Guidehouse

Visma Custom Solutions

Remote

Doctors Without Borders

Softeq

Bloomberg L.P.

LIDL Stiftung & Co. KG

Wolt Enterprises Oy

BMI Group

Work highlights

  • Advised Vipps MobilePay (a Scandinavian mobile payment leader) on structuring the closure of its branch in Vilnius.
  • Advised McDonalds on violence and harassment prevention training in Lithuania.
  • Advised Wolt Enterprises Oy (a Finnish technology company best known for its food delivery platform) on updating its employment contracts to align with the latest local laws and regulations.

Lithuania > EU and competition Tier 1

Cobalt‘s EU and competition law practice group is regularly engaged in a range of matters across the market. The firm represents a variety of clients, therefore dealing with a diverse selection of EU and competition law services from various businesses in differing sectors, stretching from banking and finance to heavy industry, energy, and infrastructure. The team handles complicated merger control procedures, competition law issues, and state aid matters. The team is led by the experienced Rasa Zaščiurinskaitė, who regularly advises clients on EU law and all aspects of competition law, from abuse of dominance, to state aid and merger control, as well as private enforcement.

Practice head(s):

Rasa Zasciurinskaite

Key clients

Pro Bro Group

Roche

Kautra

SEB

Coca-Cola Hellenic

Orlen Baltics Retail

Hanner

Taba Invest

Alma Littera Group

Parkdema

Green Factory Baltic

Practice Venture Capital

Kotryna

Jumbo Transport

Valentis Baltic

Star Cloud LLC

Merck Sharp & Dohme

Tailwind Airlines

Scandagra

Gitana

Compensa Life

Wolt

Karcher

Eugesta

Danone

Daisena

Alter Domus

Ministry of Social Security and Labour of the Republic of Lithuania

Tele2

Tetas

Tece Baltikum

Johnson & Johnson

Woodline

Hollister Lietuva

Kalnapilio-Tauro grupė

Brink’s Lithuania

Lego Group

Birštono mineraliniai vandenys

Graina

Merko statyba

Atea

Air Baltic Corporation

Moller Auto

G4S

Rituals Cosmetics Enterprise

Estrella Baltics

Lietuvos geležinkeliai

Riga International Airport

Avitela

KJK Management

ARX

Kesko Senukai Lithuania

Media bitės

Lords LB Asset Management

Medipresa

Huqsvarna

Innovative Pharmaceutical Industry Association

Kauno grūdai

Bayer

Baltcap

Vilniaus energija

Mediterranean Shipping Company

ORLEN Lithuania

Lyra Group

European Investment Bank

Lithuanian Business Support Agency

Lietuvos paštas

Biržų ranga

Consolis

Benu, Tamro

Tolimojo keleivinio transporto kompanija

Lithuanian basketball league

AkzoNobel Baltics

Concretus Group

Rokiškio pienas

Pieno žvaigždės

Novian Technologies

AS REPHARM

Elektrum

Work highlights

  • Represented three real estate brokerage companies, Citus, Resolution, and Lendor Estate, in an investigation by the Competition Council regarding alleged market sharing of clients and employees.
  • Representing Lithuanian Railways in an action against the European Commission before the General Court to annul the Commission’s decision to refuse default interest payment and to order the Commission to pay the default interest.
  • Represented Coca-Cola Hellenic in preparing and submitting a national merger filing in Lithuania for the acquisition of the Finlandia vodka brand.

Lithuania > Intellectual property Tier 1

The IP team at Cobalt is significantly active in the field of pharmaceutical IP work and it receives a steady workflow in regulatory, IP transactions, trademark and design prosecution, and IP enforcement work. Intellectual property, information technologies and data protection remain core areas for the team, with the practice regularly advising global players in these markets. The team has been engaged by various clients to advise on the management of their trademark portfolios, with a strong track record of successful outcomes in trademark and patent-related disputes. The team is led by Žilvinas Kvietkus, who has a well-established practice in the areas of life sciences and pharmaceutical law, handling a range of related intellectual property and dispute resolution work in these sectors.

Practice head(s):

Žilvinas Kvietkus

Testimonials

‘Excellent knowledge in the industry, always well within reach and very client-orientated.’

‘Žilvinas Kvietkus has shown excellent teamwork to reach the best possible result for us as a client providing a profound and clear picture in a complex matter.’

‘Super high quality and one of the best for pharma patent litigation teams in the Baltics.’

‘Deep technical understanding of complex patent disputes, very attentive to detail.’

‘The Cobalt patent litigation team has an in-depth knowledge of patent law and practice before the Lithuanian courts.’

Key clients

Berlin-Chemie AG

Bayer Intellectual Property GmbH

Novartis Group

Bristol-Myers Squibb Holdings Ireland Unlimited Company

Meril Life Sciences Pvt. Ltd

ÇOLAKOĞLU METALURJİ A.Ş.

Work highlights

  • Representing Bayer Intellectual Property GmbH in a complex patent invalidation case.
  • Representing Berlin-Chemie AG in a civil case against a parallel importer UAB Lex Ano regarding the parallel import of the medicinal products “Letrox” from Hungary to Lithuania, which were reboxed and renamed “L-Thyroxin Berlin-Chemie”.
  • Representing Bristol-Myers Squibb Holdings Ireland Unlimited Company in a patent invalidation case initiated by EGIS Gyogyszergyar Zrt.

Lithuania > Real estate and construction Tier 1

The real estate and infrastructure department at Cobalt is regularly engaged in a wide variety of real estate and construction issues. The practice caters to various clients’ diverse needs, handling real estate transactions, tenancy relationships, property and infrastructure development, regulatory aspects and environmental matters. Boasting an experienced and large team, the firm has a specialised infrastructure practice group that focuses on handling complex investment projects that cover real estate and concession law areas. Head of the department, Simona Oliškevičiūtė Cicėnienė, is an experienced lawyer, with expertise in advising on mergers and acquisitions, joint ventures, as well as private equity transactions in the real estate and infrastructure markets.

Practice head(s):

Simona Oliškevičiūtė – Cicėnienė

Testimonials

‘Competent team.’

‘Everything is arranged by proper way.’

Key clients

BaltCap Infrastructure Fund

Pepco Group

European Energy A/S

Northern Horizon / Baltic Horizon Fund

Prosperus Asset Management

Forum Cinemas

Evecon

EECP

Union Asset Management

Workland

Eastern Light

Lords Asset Management

Nter Asset Management

Kėdainiai LEZ

Šiauliai LEZ

Corum Asset Management

European Energy A/S

Work highlights

  • Advising BaltCap Infrastructure Fund on the development and construction of the National Stadium in Lithuania under the recently concluded concession agreement.
  • Advised client Prosperus Asset Management on the transaction regarding the acquisition of office 30,000 sq. m warehouse and logistics complex Megarenta in Vilnius from the Norwegian company Nor Property Investments.

Lithuania > Fintech Tier 2

Cobalt‘s fintech practice covers a range of fields in the financial services regulatory market, from assisting clients in obtaining various financial licences and permits, to working with e-money institutions, financial brokerage companies, and banks. The team also offers a suite of services related to AML, compliance, and sanctions work. The practice is led by co-heads Eva Suduiko and Akvilė Bosaitė, who together bring a wealth of financial market experience to the team.

Practice head(s):

Akvilė Bosaitė; Eva Suduiko

Testimonials

‘Attitude, people, performance.’

‘Akvilė Bosaitė is the go-to person. The level of alignment is unparalleled, which results in the process being handled the right way and also allows us to focus on commercial aspects of any deal.’

Key clients

Alter Domus

Alpha Asset Management

S8 Global Fintech & Regtech Fund

Vipps

Practica Capital

Simpled Card Exploitatie B.V.

Socios.com

Viola Credits

European Bank for Reconstruction and Development

BlackRock

Work highlights

  • Advised Alter Domus (a fully integrated Fund and Corporate services provider, dedicated to international private equity and infrastructure houses, real estate firms, private debt managers, multinationals, capital markets issuers, and private clients) on obtaining a payment institution license in Lithuania.
  • Advised Alpha Asset Management on all matters related to obtaining an activity permit, prepared the required documentation for permit issuance, and represented the management company’s interests at the Bank of Lithuania.
  • Advised Slovenian asset management company S8 Global Fintech & Regtech Fund registered with the Slovenian Securities Market Agency on all aspects concerning the acquisition of 100% of shares of the payment institution ValorPay, UAB, under the supervision of the Bank of Lithuania.

Lithuania > Projects and energy Tier 2

Cobalt‘s project development and energy practice is an experienced group with an in-depth focus on energy and infrastructure matters. With clients involved in energy generation, transmission and distribution, as well as investment funds and developers, the team is well-experienced to handle a wide range of issues. Whether the issue relates to infrastructure financing, PPP projects or the development of wind or solar parks, Cobalt has experienced lawyers on hand to assist. Simona Oliškevičiūtė Cicėnienė leads the practice and has years of experience in advising various market-leading companies.

Practice head(s):

Simona Oliškevičiūtė – Cicėnienė

Testimonials

‘Full-service offering with deep market knowledge. Cobalt is a stepping stone for any entry to the Lithuanian market.’

‘Simona Oliškevičiūtė-Cicėnienė – a leading partner in the energy sector. Simona is very well-connected and pushes the agenda in the sector.’

Key clients

Lietuvos geležinkeliai, AB

BaltCap Infrastructure Fund

Aquila Capital Management GmbH

Prosperus Asset Management

Nter Asset Management

Evolis, UAB

Merko statyba, UAB, a member of Merko Ehitus Group

LITGRID, AB

Invest in Lithuania

Šiauliai Free Economic Zone Management Company

Kėdainiai Free Economic Zone Management Company

Enery Lithuania

Amberwind, UAB

European Energy A/S

Lords LB Asset Management

E Energija Group

Enefit Green UAB

Höegh LNG

Vėjų spektras, UAB

Vėjo gūsis, UAB

Vėjo vatas, UAB

Work highlights

  • Advising European Energy A/S, a Danish privately-owned leading wind energy project development company on the acquisition and/or development of several wind and solar energy parks in Lithuania.
  • Advising BaltCap Infrastructure Fund on the development and construction of the National Stadium in Lithuania under the recently concluded Concession Agreement.
  • Advising one of the players in the project development market on the participation in a public-private partnership (PPP) project for the construction of a new prison institution in Lithuania.

Lithuania > Shipping and transport Tier 2

The environment, transport and regulatory practice group at Cobalt boasts extensive experience across the market. The firm provides legal advice to carriers, freight forwarders and companies engaged in the transport of goods by road, sea, air and rail as well as the storage of goods, customs procedures and passenger transport services. The team is led by Vaidas Mackonis; with a wealth of experience in this area, he advises clients on various shipping and transport matters.

Practice head(s):

Vaidas Mackonis

Testimonials

‘Cobalt has a wide range of experts in most fields our company needs. Always professional and willing to find an original approach to cases.’

Key clients

Kuehne + Nagel, UAB

Alpi Baltika, UAB

Lithuanian National Road Carriers Association LINAVA

TOKIO MARINE KILN INSURANCE LIMITED

UAB “BTL Group“

UAB “Baltic transline”

UAB “Baltic transline transport”

Helvetia Assurances SA

UAB “BRETALITA”

UAB “Transfera”

AB Lietuvos geležinkeliai

Litlumber Group OU

Air Baltic Corporation A/S

FlixBus Polska sp. z o.o.

UAB FlixBus Lithuania

TollNet a.s.

UAB Serfas

Blue/Yellow

VšĮ “European Local Development Action”

UAB “Iksija”

UAB “Grinda”

UAB “Terra Recycling”

UAB “Global Commerce”

UAB “Cargopro”

UAB “Mavis”

UAB “Aibera”

UAB “Aike Logistics”

UAB “Mylios”

SKAT Transport P.S.A.

UAB “Amber Distribution Lithuania”

UAB “Hollister Lietuva”

Work highlights

  • Representing client KUEHNE + NAGEL, UAB in a dispute with UAB Swiss Steel Baltic Lithuania regarding the storage of goods (steel products) delivered from Turkey to Klaipeda Sea Port Terminal, Lithuania.
  • Representing the Client UAB ‘BRETALITA’ in a dispute regarding the loss of goods from France to Poland by road transport.
  • Represented the Client UAB Transfera, a transport company engaged in the provision of international transportation services, employment of carriers across Europe, and supply of trucks to logistics companies, in a dispute with the State Tax Inspectorate regarding a tax audit.

Lithuania > Tax Tier 2

The tax practice at Cobalt is regularly engaged to work in high-profile and complex projects within the market. The firm has strengths in various areas including, assisting clients in tax audits, and relevant litigation with the tax authorities, structuring real estate investment funds and subsequent representations of those funds in tax audits, as well as developing a unique competence in cross-border tax advisory and structuring work involving the United States. The team is led by Rokas Daugėla, who brings ‘an in-depth understanding of complex tax topics’ to the team.

Practice head(s):

Rokas Daugėla

Testimonials

‘They have several qualified lawyers who have their areas of expertise and know those areas very well. Our private banking clients appreciate that they can receive expert consultations on the most complex matters and in many cases very specific situations. The team also has a very positive and attentive attitude and is always very quick to react.’

‘Rokas Daugėla is a very experienced lawyer with an in-depth understanding of complex international and local tax topics, yet he has a gift of communicating the most difficult and technical aspects in a very straightforward and easy-to-understand manner. He also has loads of experience that he relies on when advising or simply speaking to our clients and I know that the clients appreciate that.’

Key clients

Civinity

Orbio World

I Asset Management

Contrarian Ventures

PVcase

Heavy Finance

HOMA group

Akola Group

Hollister Lietuva

G4S Lietuva

Practica Capital

Demus Asset Management

Komfovent

Citus

Corum

Bolt

ProtonMail

Prosperus Asset Management

SCT Lubricants

Finėjas Group

Bison Office

Work highlights

  • Representing Victory Development II, a real estate fund managed by Demus, a Lithuanian real estate fund manager, in a tax audit conducted by the Lithuanian tax authorities, focusing on the eligibility of the fund to apply the corporate tax exemption.
  • Advised the client Heavy Finance, having an international team of soil scientists, agronomists and agricultural finance experts, on corporate income tax and VAT aspects related to the carbon farming program implemented by the client and their customers.
  • Advising Vinted, a online marketplace for buying, selling and exchanging new or second-hand items headquartered in Lithuania, on various Lithuanian tax aspects about DAC7 compliance.

Lithuania > TMT Tier 2

Cobalt‘s TMT team, as a part of its general commercial law department, is continuously engaged to handle a variety of matters across the practice area. The practice group offers a wide range of legal services from advising on regulatory compliance and legal environment matters, to handling large mandates brought by global companies involving new media or new technologies. The team is led by practice head Žilvinas Kvietkus, who has particular expertise in the life sciences and pharmaceutical sectors.

Practice head(s):

Žilvinas Kvietkus

Testimonials

‘High-level professionals, provide excellent service in all 3 Baltic countries. We receive the answers very quickly, they have a really good understanding of our business needs.’

‘COBALT’s TMT team stands out for its highly professional approach, prompt responsiveness and practical attitude, consistently delivering tailored, client-focused advice. Their deep expertise across technology, media and telecommunications, combined with a commitment to understanding each client’s unique needs, ensures that their guidance is not only precise but also commercially effective.’

‘Žilvinas Kvietkus, as a senior member of COBALT’s team, stands out for his exceptional knowledge and deep expertise in the TMT sector. His strategic approach and attention to detail ensure that clients receive insightful and practical solutions tailored to their specific needs. Zilvinas’s ability to anticipate challenges and provide proactive advice distinguishes him from competitors, and his dedication to client service is truly unparalleled.

‘Great team, one of the best in Lithuania. They always deliver easy-to-understand advice on agreed schedules.’ 

‘Zilvinas Kvietkus is a great lawyer and easy to work with.’

‘COBALT is a great and very competent partner. It consults us in many legal matters – from commercial law to GDPR questions. They have greatly assisted us in preparing and reviewing different documents, agreements etc. They also organise physical meetings and webinars on different legal topics that are greatly helpful for us and our association members.’

‘First of all, the people at COBALT have an individual approach. After long years of cooperation, we can call them friends. Work is very efficient with them and the entire firm overall.’

Key clients

Huawei Technologies

TiVo SmartTV

Wolt Enterprises Oy

Bolt

UAB Media bitės

Evolution Lithuania

TikTok

Volkswagen Gmbh

Apple

Bayer

Masergy Communications, Inc.

Lithuanian Basketball League

Ferrero

Virto Commerce

Johnson & Johnson Poland Sp. Z o.o.

Atea Baltic UAB

Membershop

Novian technologies

Danone

Work highlights

  • Advised a US-based provider of smart TV solutions – TiVo Smat TV regarding the launch of services in Lithuania.
  • Negotiating a contract on behalf of a National Basketball League (LKL) with an official broadcasting partner regarding the tracking and broadcasting services which include augmented reality.
  • Advising Huawei Technologies (Vilnius), UAB on Lithuanian regulation related to various statutory compliance issues, e.g., 5G development.

COBALT is a trusted legal advisor, providing expert support on both daily legal matters and high-stakes transactions and disputes.

With over 35 years of experience, we has grown into a leading alliance of top-tier law offices in the Baltics, bringing together over 250 legal professionals and support staff.

Our firm’s broad spectrum of legal expertise and established position as a market leader enable us to provide full-service business law advice tailored to the needs of our clients.

We are proud to work with international and regional businesses, financial institutions, state and local governments, and emerging start-ups. Our services cover key sectors such as Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

Our recent recognitions include:

  • Baltic Law Firm of the Year 2024 by Chambers Europe
  • Baltic States Tax Firm of the Year 2023 by ITR EMEA Tax Awards
  • Baltics Firm of the Year 2023 by Women in Business Law EMEA Awards
  • Tier 1 law firm in 25 practice areas in Estonia, Latvia and Lithuania 2024, consistently top ranked over 15 years by The Legal 500
  • No.  1 law firm in the Baltics according to the Prospera Law Firm Review 2024
  • Regularly featured among top legal advisors in Mergermarket, Bloomberg and Refinitiv deal tables

Recent Baltic publications:

  • Baltic Disputes Market Overview 2024. Please access it here.
Department Name Email Telephone
M&A AND CORPORATE TRANSACTIONS Dr Irmantas Norkus [email protected] +370 687 81323
M&A AND CORPORATE TRANSACTIONS Elijus Burgis [email protected] +370 687 93933
M&A AND CORPORATE TRANSACTIONS Martin Simovart [email protected] +372 511 2020
M&A AND CORPORATE TRANSACTIONS Guntars Zile [email protected] +371 2942 7809
M&A AND CORPORATE TRANSACTIONS Peeter Kutman [email protected] +372 502 2426
CORPORATE ADVISORY & EMPLOYMENT Žilvinas Kvietkus [email protected] +370 699 54702
CORPORATE ADVISORY & EMPLOYMENT Karina Paatsi [email protected] +372 514 6405
CORPORATE ADVISORY & EMPLOYMENT Gatis Flinters [email protected] +371 2655 6592
CORPORATE ADVISORY & EMPLOYMENT Toms Šulmanis [email protected] +371 2911 0761
BANKING, FINANCE & CAPITAL MARKETS Marina Kotkas [email protected] +372 525 3086
BANKING, FINANCE & CAPITAL MARKETS Lauris Liepa [email protected] +371 2920 6001
BANKING, FINANCE & CAPITAL MARKETS Akvilė Bosaitė [email protected] +370 698 06964
BANKING, FINANCE & CAPITAL MARKETS Kristel Raidla - Talur [email protected] +372 513 6997
BANKING, FINANCE & CAPITAL MARKETS Eva Suduiko [email protected] +370 610 40646
EU & COMPETITION Elo Tamm [email protected] +372 512 0573
EU & COMPETITION Ugis Zeltins [email protected] +371 2632 8671
EU & COMPETITION Rasa Zaščiurinskaitė [email protected] +370 655 38008
IP, IT & DATA PROTECTION Egon Talur [email protected] +372 518 8579
IP, IT & DATA PROTECTION Indrikis Liepa [email protected] +371 2928 4852
REAL ESTATE, ENERGY & ENVIRONMENT Aivar taro [email protected] +372 528 8508
REAL ESTATE, ENERGY & ENVIRONMENT Dace Silava-Tomsone [email protected] +371 2947 7302
REAL ESTATE, ENERGY & ENVIRONMENT Simona Oliškevičiūtė-Cicėnienė [email protected] +370 698 88460
REAL ESTATE, ENERGY & ENVIRONMENT Artūras Kojala [email protected] +370 659 20404
TAX Sandija Novicka [email protected] +371 2914 2856
TAX Rokas Daugėla [email protected] +370 688 84503
DISPUTE RESOLUTION Jaanus Mody [email protected] +372 501 5407
DISPUTE RESOLUTION Dr Rimantas Simaitis [email protected] +370 652 36366
Photo Name Position Profile
Aurelija Balčiūnė photo Mrs Aurelija Balčiūnė Aurelija Balčiūnė is a Specialist Counsel at the Banking and Finance Practice…
Julija Beldeninovienė photo Mrs Julija Beldeninovienė Julija Beldeninovienė is a Managing Associate, Attorney-at-Law having over 12 years of…
Martynas Bielskis photo Mr Martynas Bielskis Martynas Bielskis is an Associate in the Tax Practice Group at COBALT…
Mindaugas Bliuvas photo Mr Mindaugas Bliuvas Mindaugas Bliuvas is a Partner and Head of the Prevention and Criminal…
Manvydas Borusas photo Mr Manvydas Borusas Manvydas Borusas is a Senior Associate of EU and Competition Practice Group.…
Akvilė Bosaitė photo Mrs Akvilė Bosaitė Akvilė Bosaitė is a Partner and Co-Head of the Banking and Finance…
Elijus Burgis photo Mr Elijus Burgis Elijus Burgis is a Partner and Head of the firm’s Corporate Transactions…
Rokas Daugėla photo Mr Rokas Daugėla Rokas Daugėla is a partner and Head of the Tax Practice Group. Rokas…
Dalia Foigt-Norvaišienė photo Dr Dalia Foigt-Norvaišienė Dr Dalia Foigt-Norvaišienė is a Specialist Councel at the Employment Law Practice…
Vydmantas Grigoravičius photo Mr Vydmantas Grigoravičius Vydmantas Grigoravičius is an Partner with more than 16 years of experience…
Marius Inta photo Mr Marius Inta Marius Inta is a Partner and Head of the Commercial Disputes Practice…
Nerijus Jurkus photo Mr Nerijus Jurkus Attorney at Law Nerijus Jurkus is a Managing Associate at COBALT Lithuania,…
Artūras Kojala photo Mr Artūras Kojala Artūras Kojala is a Partner in the Real Estate and Infrastructure Department.…
Žilvinas Kvietkus photo Mr Žilvinas Kvietkus Žilvinas Kvietkus is a Partner at COBALT Lithuania and Head of Corporate…
Simona Liuimienė photo Mrs Simona Liuimienė Simona Liuimienė is a Managing Associate, specializing in all aspects of competition…
Milda Markevičiūtė photo Dr Milda Markevičiūtė Dr Milda Markevičiūtė is Associate Partner and chairs the Administrative and Business…
Paulius Markovas photo Dr Paulius Markovas Dr Paulius Markovas is a Partner with more than 25 years of…
Rasa Mikutienė photo Mrs Rasa Mikutienė Rasa Mikutiene is a Specialist Counsel at COBALT Lithuania. She specialises in…
Irmantas Norkus photo Mr Irmantas Norkus Dr Irmantas Norkus is the Managing Partner of COBALT Lithuania. During his career…
Žygimantas Pacevičius photo Mr Žygimantas Pacevičius Žygimantas Pacevičius is a Partner in the firm’s Dispute Resolution team. Mr…
Juozas Rimas photo Mr Juozas Rimas Dr Juozas Rimas is a Partner and the Head of the Mergers and…
Justinas Šileika photo Mr Justinas Šileika Justinas Šileika is a Managing Associate at COBALT Lithuania. He specialises in…
Rimantas Simaitis photo Mr Rimantas Simaitis Professor Dr Rimantas Simaitis is Partner and Head of the Dispute Resolution…
Aušrys Šliavas photo Mr Aušrys Šliavas Aušrys Šliavas is a Specialist Counsel and has been involved in numerous…
Deividas Soloveičik photo Dr Deividas Soloveičik Dr Deividas Soloveičik is a Partner and Head of Public Procurement practice…
Eglė Stražnickienė photo Mrs Eglė Stražnickienė Eglė Stražnickienė is a Senior Associate practising in the Employment Law Practice…
Eva Suduiko photo Mrs Eva Suduiko Eva Suduiko is a Partner and Co-Head in the Banking and Finance…
Jovita Valatkaitė photo Ms Jovita Valatkaitė Jovita Valatkaitė has over 9 years’ experience of legal practice in the fields…
Renata Vasiliauskienė photo Mrs Renata Vasiliauskienė Renata Vasiliauskienė is a Senior Associate in IP & IT and Regulatory…
Vytautas Vosylius photo Mr Vytautas Vosylius Vytautas Vosylius is a Senior Associate in the Banking and Finance Practice…
Rasa Zaščiurinskaitė photo Mrs Rasa Zaščiurinskaitė Rasa Zaščiurinskaitė is a Partner and Head of the Competition Practice Group at COBALT…
Juras Žymančius photo Mr Juras Žymančius Juras Žymančius is a Senior Associate, practising in the IP & IT…
Number of Partners : 42
Number of Lawyers : 220
Estonian
English
Latvian
Lithuanian
Finnish
German
Italian
GALA (Global Advertising Lawyers Association)
Lex Mundi
World Services Group (WSG)
Ius Laboris
INTA - International Trademark Association
IBA (International Bar Association)
Mindful Business Charter (MBC)
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Diversity and inclusion are foundational principles at our law firm, reflecting our commitment to creating an equitable workplace culture. Notably, our Latvian office stands as the sole law firm member of the Latvian Diversity Charter since 2022, championed by our Diversity Partner, Sandija Novicka. Recognition for our dedication to diversity was further solidified when we received the prestigious “Diversity Award Latvia” in 2024, affirming our pioneering efforts in fostering an inclusive business environment.

Over the years, we’ve seen an increase in female representation within our partnership, exemplified by the addition of two female partners in the recent years. Moreover, our Partner, Rasa Zasčiurinskaitė, plays a pivotal role in promoting diversity and gender equality within the legal profession, actively participating in initiatives such as W@Competition and mentoring programs.

Our commitment to equality extends beyond mere rhetoric to concrete actions in our human resources management practices. We operate a comprehensive career development program, ensuring transparent criteria for promotions and equal opportunities for all genders. Our talent acquisition efforts prioritize diversity, with traineeship programs boasting a balanced gender representation and equal success rates. Additionally, we uphold equal pay and bonus policies, regularly scrutinizing salary structures to guarantee fairness across all levels of the firm. This steadfast commitment underscores our belief that every member of our team is indispensable to our collective growth and sustained success.


CLIENT: Commercial, Corporate and M&A, Legal 500
TESTIMONIAL: What makes COBALT outstanding is covering a broad variety of fields, meaning the client can rest assured in having one partner for all legal needs. Having leaders in the team with loads of previous experience adds further comfort in knowing the quality of advice is always filled with practical experience rather than just theory.


CLIENT: TMT, Legal 500
TESTIMONIAL: COBALT’s offices are established in all Baltic countries, and they are able to work as one team when solving the issues related to all Baltics. COBALT covers all the areas needed for business companies-starting from labour law and finishing by M&A processes. The answers and solutions given by them are clear and easy to implement. They are offering not only legal advice, but also different training, including the specialized training for our company.


CLIENT: Employment, Legal 500
TESTIMONIAL: Speed of interaction is exceptional, and the quality of the feedback is always extremely thorough with the opportunity to talk through case management to explore the best solutions. Solutions are always followed by cited legislation.


CLIENT: Employment, Legal 500
TESTIMONIAL: The COBALT employment practice has exceptional knowledge for the complex matters in the field of employment. Their expertise is business-oriented, and they always provide pros and cons for various scenarios of the outcome.


CLIENT: Tax, Legal 500
TESTIMONIAL: Highly professional and diverse team which provides the opportunity to cover every matter from different angles. They have good understanding of the company’s business, legislation in force in Latvia, but also in other Baltic countries if such a necessity should arise.


CLIENT: Commercial, Corporate and M&A, Legal 500
TESTIMONIAL: We’ve worked with COBALT on a number of M&A deals over the years, and they always deliver exceptional service. Their Corporate and M&A team is second to none, and they have a deep understanding of the unique challenges and opportunities that arise in this space. We appreciate their responsiveness and attention to detail, and we know we can always count on them to provide the highest level of service.


CLIENT: Dispute resolution, Legal 500
TESTIMONIAL: COBALT is a uniquely Baltic state focused full service law firm with considerable expertise as well as deep relationships in the various countries that they operate. They are consistently excellent at what they do and a pleasure to work with. Their service standards are comparable to the best London firms.


CLIENT: EU and Competition, Legal 500
TESTIMONIAL: COBALT‘s in-depth knowledge of European and national competition and regulatory law and their strategic guidance helped us navigate complex regulatory issues with confidence. COBALT‘s team is incredibly adept in analysing market dynamics and their strategic advice is unmatchable. They constantly provide us with expert guidance on compliance with EU regulations in a very professional, timely and business oriented manner.