Cobalt > Vilnius, Lithuania > Firm Profile

Cobalt
Lvivo 25
09320 Vilnius
Lithuania

Lithuania > Banking, finance and capital markets Tier 1

Advising a combination of financial institutions, venture capitalists, and companies, Cobalt advises both lenders and borrowers on large cross-border investments, financings and transactions, with other areas of expertise covering restructuring and bond issues.  The practice is led jointly by M&A and financing expert Eva Suduiko and Akvilė Bosaitė, noted for her experience assisting startups and venture capitalists, among others. They are also joined by well-known M&A, banking, and competition lawyer Elijus Burgis along with managing associate Aurelija Balčiūnė, who brings additional depth in compliance, anti-money laundering and aircraft finance. Senior associate Vytautas Vosylius is also highly active, focusing on regulatory compliance and security transactions. The firm has broad sector experience encompassing companies operating in foods, tech, and aviation.

Practice head(s):

Akvilė Bosaitė; Eva Suduiko

Other key lawyers:

Elijus Burgis; Aurelija Balčiūnė; Vytautas Vosylius; Marina Kotkas

Testimonials

‘Cobalt Banking team has excellent expertise in corporate finance field. Their main strengths are good listening to the client needs, orientation to the result. We like direct approach of the question at hand.’

‘Partner Eva Suduiko is extremely experienced in her practice field.’

‘The team takes a commercial approach with solid experience and quick response times.’

‘We enjoy working with partner Marina Kotkas who is a very skilled lawyer and provides solid advice and project management.’

‘Availability, flexibility and strong orientation to result.’

‘Ability to look at situation from different and unexpected angles.’

Key clients

Luminor Bank AS

INVL Asset Management

DNB Markets, Carnegie Investment Bank AB, DNB Bank ASA, Nordic Trustee & Agency AB (publ)

HKScan

SEB

Kevin EU, UAB

The IT Channel Company

Teltonika IoT Group

AS Repharm

European Bank for Reconstruction and Development

Hegelmann

mBank S.A.

European Investment Fund

Equitte

Red holdings

Coffee Address

Genesis

LHV Asset Management and LHV pension funds

Arion Bank

Work highlights

  • Advised Luminor Bank AS on issues of covered bonds in Ireland, where the underlying collateral is located inter alia in Lithuania, Latvia, and Estonia.
  • Advised INVL Asset Management in the securitization project for the modernisation of buildings sponsored by Šiaulių bankas (as originator).
  • Advising European Bank for Reconstruction and Development on the structuring of the transaction with Invalda INVL, Nord Security and ME Investicija on the sale of 18 per cent stake in Šiaulių Bankas.

Lithuania > Commercial, corporate and M&A Tier 1

Advising a wide range of local and multinational clients, Cobalt is highly active in a plethora of major M&A spanning from defence and aerospace to maritime, transportation, energy, and IT. The firm is also noted for its strong cross-border capabilities, assisting acquisitions both into and out of Lithuania. A highly experienced team, managing partner Irmantas Norkus has broad transactional, banking, and competition experience, as does partner Elijus Burgis . Heading the M&A practice group is corporate and private equity expert Juozas Rimas , meanwhile life science and EU pharmaceutical expert Zilvinas Kvietkus also supports. Akvilė Bosaitė, co-head of the banking and finance practice, is another notable expert on M&A.

Practice head(s):

Irmantas Norkus; Elijus Burgis; Juozas Rimas; Žilvinas Kvietkus

Other key lawyers:

Deimantė Pagirienė; Akvilė Bosaitė

Testimonials

‘The team were very responsive and had good knowledge of the Venture Capital market in Europe and Lithuania.’

‘Juozas Rimas led a competent team and was very responsive and great to deal with. Deimantė Pagirienė and Akvilė Bosaitė also provided competent support and it really felt like a unified effort.’

‘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.’

‘We recently worked with COBALT’s Corporate and M&A team on a complex transaction, and we couldn’t have been more pleased with the results. Elijus Burgis, Irmantas Norkus and Juozas Rimas provided expert guidance throughout the entire process. Their deep knowledge of the industry and attention to detail helped us achieve our goals.’

Key clients

Highland Europe

Kongsberg Defence & Aerospace AS

AURELIUS

BEWI ASA

MEKO AB

Mid Europa Partners

Johnson & Johnson

Aviva

IBM

Adampolis Group

KJK

Repharm

STADA Arzneimittel

RS Group

European Energy

Novian Group

Avena Nordic Grain

Work highlights

  • Assisted RS Group in buying Distrelec Group from AURELIUS.
  • Advised the UK-based VC firm Highland Europe on its participation, together with VC firms Elephant and Energize, in a $100m Series B financing round of PVcase, a solar energy software startup.
  • Advised E energija on the sale to Ignitis Group of a wind farm with the expected capacity of 300 MW and the investment by Ignitis Group of around EUR 550m.

Lithuania > Dispute resolution Tier 1

Cobalt‘s large and comprehensive disputes practice is a prominent force in the region’s litigation and arbitration proceedings, receiving notable engagements in the energy and sport sectors as well as transport and real estate-related cases. As head of the dispute resolution department, Rimantas Simaitis handles a broad range of disputes, mediations, and negotiations, notably in the energy and transport industries. Paulius Markovas focuses on bankruptcy and restructuring work, while Mindaugas Bliuvas adds further breadth, focusing on white-collar crime issues. Marius Inta is experienced in insurance issues, while Rasa Zaščiurinskaitė is a key name for competition disputes. Other integral members include public procurement head Deividas Soloveičik and Milda Markevičiūtė, who leads on administrative and business disputes. The team is further enhanced since Žygimantas Pacevičius joined.

Practice head(s):

Rimantas Simaitis

Testimonials

‘Profound knowledge of the law and clear guidance and communication.’

‘Cobalt are 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.’

‘Marius Inta is a pragmatic, results focused advocate and a great communicator.’

Key clients

AB Lietuvos geležinkeliai (Lithuanian Railways)

Veolia group companies in France and Lithuania, including Veolia Environnement S.A., UAB Vilniaus energija, UAB Litesko

Enercon GmbH

Lithuanian Car Roads Administration

Uždaroji akcinė bendrovė GRIFS AG

Riga International Airport

AB ORLEN Lietuva

UAB Merko statyba and Merko Ehitus AS

UAB ATEA Baltic, UAB ATEA, UAB ELSIS and related group of ATEA/Ementor companies

Air Baltic Corporation A/S

Diaverum klinikos, UAB

Modus energy, AB group companies

Scandagra, UAB, a Scandagra group AB company

Vakarų medienos grupė

UAB ARX

UAB Pramonės energija (E-energija group)

BOD group

UAB Alna, UAB Alna Business Solutions, UAB Alna Software

UAB ITALIANA LT

Steinmuller Babcock GmbH

Rituals Cosmetics enterprise B.V.

AB ORLEN Lietuva

A/S BMGS

Work highlights

  • Representing Veolia Group companies in a case regarding €240m damages, initiated by the Republic of Lithuania (represented by the Ministry of Energy).
  • Representing an independent player in the Nordic energy market in the out-of-court insolvency proceedings of AB Inter Rao Lietuva.
  • Represented UAB Vilniaus Energija 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 assists global household names including Amazon, Google, and FedEx, with compliance with local employment regulations, especially issues relating to recent changes to the Labour Code. The firm has also seen several mandates regarding employee disputes, reorganisations, employee transfers, and migration issues. The employment team is spearheaded by Jovita Valatkaitė, who provides guidance on a broad spectrum of employment and relocation matters, and also has niche expertise in employee data protection work. Eglė Gliaudelytė is central at associate level, while legal counsel Dalia Foigt-Norvaišienė  and Žilvinas Kvietkus also contributing to the practice.

Practice head(s):

Jovita Valatkaitė

Other key lawyers:

Žilvinas Kvietkus; Eglė Gliaudelytė; Dalia Foig-Norvaišienė

Testimonials

‘Jovita Valatkaitė is very easy to talk to and consult. Usually after her consultations no more questions come up.’

‘Very nice, high quality, good responsiveness.’

‘Dalia Foigt-Norvaišienė – high management skills, very fast.’

‘Straight to the point.’

‘Cobalt Lithuania is excellent in combining local, sometimes very bureaucratic legislation, and the needs of our global company.’

‘Their knowledge level is excellent, and they have very good experience working with domestic and international companies.’

Key clients

Google

Amazon.com, Inc

ERGO

FedEx

AT&T Inc.

Guidehouse

Visma Custom Solutions

Remote

Doctors Without Borders (Médecins sans frontières)

Softeq

Bloomberg L.P.

LIDL Stiftung & Co. KG

Wolt Enterprises Oy

BMI Group

Work highlights

  • Assisted Google with significantly updating its policies and practices.
  • Provided comprehensive advice to Amazon.com, Inc., in respect of local requirements and rules regarding mandatory medical checks, including requirements for the medical examination provider, health check procedures, compensation requirements, personal data protection, liability issues, and other related risks.
  • Advised on changing the General Manager and Board Member at ERGO entities (ERGO Life Insurance SE, ERGO Insurance SE).

Lithuania > EU and competition Tier 1

Cobalt provides advice on high-value merger clearances, cartel investigations, public tender disputes, and private enforcement proceedings, acting for a broad spectrum of international and local clients. Practice head Rasa Zaščiurinskaitė has extensive experience covering Lithuanian and EU competition and state aid law, with clients also praising her ‘in-depth knowledge’ and ‘ deep sense of business’. Supporting her are senior associates Laura Ryzgelytė, who is experienced in antitrust and state aid issues; Justinas Šileika, who is noted for abuse of dominance work and regulations; and Manvydas Borusas, who brings further breadth on whistleblower protection work, litigation, and EU sanctions. In late 2023, the firm saw the addition of managing associate Simona Liuimienė, who has previous experience at the Competition Council of Lithuania as well as the European Commission.

Practice head(s):

Rasa Zaščiurinskaitė

Testimonials

‘Professionals in their field, responsibly performing their work, offering concrete solutions. They listen, pay attention, delve into each question.’

‘Qualified competition law experts who understand business, its processes, do tasks on time, are available.’

‘Rasa Zaščiurinskaitė is a very qualified law expert, has much experience, and performs tasks with quality and on time. Manvydas Borusas is the lawyer I would like to recommend as competition law expert as well. Both are always available and qualified, meet business expectations.’

‘Cobalt has been advising us on various EU law and national competition law matters for several years. We have always been impressed with their depth of knowledge, attention to detail, and commitment to client service. They are a true partner to our business. Their compliance services are exceptional and unmatchable.’

‘Proactive, suggesting necessary changes long before they take effect. If necessary, drafts of the necessary documents are offered. Reliable partner.’

‘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.’ 

‘Our main contact is Rasa Zaščiurinskaitė who is a true expert in the field. We especially value, appreciate and cherish Rasa who not only has strong expert knowledge, but also a deep sense of business, always provides accurate insights and advice in order to achieve the best result. She is always up to date with the latest legal developments and is able to provide clients with creative and effective solutions to even the most challenging legal issues. Rasa is not only a reliable lawyer, but business consultant who sees every question and situation from various angles, so the help she provides is especially helpful in developing various business projects.’

Key clients

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 (RoyalUnibrew Group)

Brink’s Lithuania

Lego Group

Birštono mineraliniai vandenys

Graina

Merko statyba

Atea

Air Baltic Corporation

Moller Auto

G4S

Rituals Cosmetics Enterprise

Estrella Baltics (part of Intersnack Group)

Lietuvos geležinkeliai (Lithuanian Railways)

Riga International Airport

Avitela

KJK Management

ARX (official Skoda importer in Lithuania)

Kesko Senukai Lithuania

Media bitės

Lords LB Asset Management

Medipresa

Huqsvarna

Innovative Pharmaceutical Industry Association (IFPA)

Kauno grūdai

Bayer

Baltcap

Vilniaus energija

Mediterranean Shipping Company

ORLEN Lithuania

Lyra Group

European Investment Bank

Lithuanian Business Support Agency

Apranga

Cgates

Lietuvos paštas (Lithuanian Post)

Biržų ranga

Consolis

Benu, Tamro (Phoenix group)

Tolimojo keleivinio transporto kompanija

Lithuanian basketball league

AkzoNobel Baltics

Concretus Group

Rokiškio pienas

Pieno žvaigždės

Novian Technologies

AS REPHARM

Elektrum (Latvenergo AS subsidiary)

Work highlights

  • Represented the LKL (Lithuanian basketball league) and the basketball club Pasvalio “Pieno žvaigždės” basketball club in an antitrust investigation of the Competition Council in relation to an alleged cartel between basketball clubs and the League regarding the conditions of payment of salaries to basketball players related to the quarantine declared because of Covid-19.
  • Successfully represented UAB Grifs AG in two antitrust investigations by the Lithuanian Competition Council regarding alleged price fixing and market sharing which were terminated successfully.
  • Successfully advised 15min Group on performing assessments of the prospects of obtaining competition clearance for several contemplated acquisitions of significant competitors through all merger clearance procedures.

Lithuania > Fintech Tier 1

Cobalt has experience handling financial institution licensing work, assisting with obtaining regulatory approvals for the establishment of investment funds, and advising on transactions. Local regulatory mandates are also a key area of work, with the firm advising international clients PayPal, Blackrock, and Blockchain.com. Jointly leading the team are banking, finance and M&A experts Akvilė Bosaitė and Eva Suduiko. Senior associate Vytautas Vosylius adds experience in transactions, regulatory compliance work and money laundering preventions, while managing associate Aurelija Balčiūnė has further expertise in e-money and permit work.

Practice head(s):

Akvilė Bosaitė; Eva Suduiko

Testimonials

‘We were looking for a cross Baltic firm and came to the right place. With one point of contact (Eva Suduiko) we were provided with excellent advice covering all three markets. The knowledge of our sector was very good, the communication was easy. They were pragmatic and flexible and handled follow up questions in a fast and efficient way.’

‘Eva Suduiko did a great job in coordinating the advice and listened to our needs.’

Key clients

TT Express UAB

European Bank for Reconstruction and Development

Raft Capital

Practica Capital

Firstpick

INVL Asset Management

BlackRock

Euroclear

PayPal

Blockchain.com

Nordea Bank AS

Kevin EU, UAB

Work highlights

  • Advised INVL Asset Management on the securitisation project for modernisation of buildings sponsored by Šiaulių bankas (as originator).
  • Advising the European Bank for Reconstruction and Development on the structuring of the transaction with Invalda INVL, Nord Security and ME Investicija on sale of an 18% stake in Šiaulių Bankas.
  • Advised Raft Capital on obtaining a management company licence from the Bank of Lithuania.

Lithuania > Intellectual property Tier 1

Cobalt‘s IP team particularly stands out for its focus on the healthcare, pharmaceuticals and life science sectors, where it regularly represents multinational industry giants in patent protection, infringement, and enforcement cases. Alongside these areas, the IP practice also provides advice in the fields of data protection and IT. The practice is led by Žilvinas Kvietkus, who has extensive experience advising on copyright, trade mark and patent issues in the Lithuanian and EU pharmaceuticals sectors. Managing associate Julija Beldeninovienė is another core member of the team with knowledge of the pharmaceuticals, infotech, and IP spaces.

Practice head(s):

Žilvinas Kvietkus

Other key lawyers:

Testimonials

‘Outstanding lawyers with great expertise and commitment to the matter. Highly recommendable!’

‘Excellent trial attorneys, also for complex pharmaceutical patent litigation.’

‘Žilvinas Kvietkus and Julija Beldeninovienė stand out, extremely responsive and excellent trial briefs.’

‘COBALT provides practical, high-level opinions. They are very responsive.’

‘Žilvinas Kvietkus has a good knowledge about his practice area.’

‘Intelligence and professional attitude of Cobalt’s partners are remarkable.’

Key clients

Berlin-Chemie AG

Bayer Intellectual Property GmbH

Novartis Group

Merck Sharp & Dohme LLC

Meril Life Sciences Pvt. Ltd

Swiss Pharma International AG

ÇOLAKOĞLU METALURJİ A.Ş.

Work highlights

  • Representing Bayer Intellectual Property GmbH in a complex patent invalidation case (initially there were four separate patent invalidation cases initiated by Krka, EGIS, Zentiva and Polpharma which were merged into one 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”.
  • Advising Merck Sharp & Dohme LLC on complex issues related to potential patent/SPC infringement litigation.

Lithuania > Real estate and construction Tier 1

Cobalt‘s real estate and infrastructure team is highly skilled in advising on transactions, PPPs, and joint ventures, and has a strong track record in handling a number of high-profile projects in the region. The practice is led by Simona Oliškevičiūtė-Cicėnienė, who brings two decades of experience in assisting with related private equity transactions and M&A and often acts for local and international investors and government entities. Artūras Kojala has expertise in advising on logistics, waste management and retail work in the space, and is adept at handling zoning and planning issues. Vydmantas Grigoravičius is well versed in assisting with leasing work and disputes.

Practice head(s):

Simona Oliškevičiūtė-Cicėnienė

Other key lawyers:

Testimonials

‘Cobalt’s team understands my business and provides much wider support than just legal services. It is a great partner during a negotiation phase.’

‘Cobalt’s lawyers are professional and follow the highest ethical standards. I am comfortable knowing that I will get professional support.’

Key clients

BaltCap Infrastructure Fund

EECP AS

LIDL

Northern Horizon / Baltic Horizon Fund

Prosperus Asset Management

Union Asset Management

Acquila Capital Management GmbH

European Energy A/S

Lithuanian Railways conversion project “Vilnius connect”

InReal

Work highlights

  • Advising BaltCap Infrastructure Fund on the development and construction of the National Stadium in Lithuania.
  • Advised the Norwegian investment company EECP on the sale of a portfolio of retail stores in Lithuania.

Lithuania > Tax Tier 1

Cobalt‘s 'outstanding' tax practice is sought after by a diverse client base of international and domestic entities, including private individuals, asset management companies, and manufacturers. The team has extensive expertise in advising on matters across a range of sectors, and is adept at handling tax litigation as well as advisory work. The group has seen an uptick in instructions involving double taxation treaties. Practice head Rokas Daugėla has considerable experience in handling cross-border tax and transfer pricing issues, and managing associate Rasa Mikutienė is well versed in advising on VAT matters. Martynas Bielskis is active on cases involving corporate income tax.

Practice head(s):

Rokas Daugėla

Other key lawyers:

Testimonials

‘The lawyers are very responsive and the services are outstanding.’

Key clients

Devbridge

Practica Capital

Linas Agro Group

Contrarian Ventures

PVcase

Orbio World

Hollister Lietuva

G4S Lietuva

NEPI Rockcastle

East West Agro

Komfovent

Amazon

Kauno Grūdai

Citus

Corum

Bolt

ProtonMail

Prosperus Asset Management

OP Finance

SCT Lubricants

Work highlights

  • Advised Hollister Lietuva on securing a number of corporate income tax incentives on a large-scale investment project carried out in the Kaunas free economic zone.
  • Assisted Komfovent with obtaining a tax refund.

Lithuania > Projects and energy Tier 2

Under the leadership of Simona Oliškevičiūtė-Cicėnienė, the team at Cobalt has established strength in representing large domestic and international investors, developers, transmission and distribution companies in mandates. Key sector strengths for the group include real estate, transport, infrastructure, and renewable energy, with a focus on wind and solar power projects. Further key names include Paulius Markovas, Vydmantas Grigoravičius, Artūras Kojala and managing associate Aušrys Šliavas.

Practice head(s):

Simona Oliškevičiūtė-Cicėnienė

Key clients

Lietuvos geležinkeliai AB

BaltCap Infrastructure Fund

Acquila Capital Management GmbH

Prosperus Asset Management

Orion 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

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

UAB “Energia futura”

Work highlights

  • Advising European Energy A/S 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.
  • Advised BaltCap Infrastructure Fund on an investment in a development project in Vilnius.

Lithuania > Shipping and transport Tier 2

At Cobalt, the team is highly regarded for its expertise in transport law, and is recognised for its strength in handling cross-border transport disputes, often involving customs and delay, damage, or loss of cargo issues. The client base includes transport, logistics and insurance companies. Practice head Vaidas Mackonis brings over 15 years of experience advising on transport and regulatory matters. Managing associate Nerijus Jurkus, who assists with customs and tax issues, is a key name.

Practice head(s):

Vaidas Mackonis

Other key lawyers:

Testimonials

‘The team were very professional and kind.’

‘Knowledge, readiness to help, communication skills.’

Key clients

Kuehne + Nagel, UAB

Alpi Baltika, UAB

Lithuanian National Road Carriers Association LINAVA

TOKIO MARINE KILN INSURANCE LIMITED

UAB “BTL Group“

Helvetia Assurances SA

UAB “BRETALITA”

UAB “Transfera”

AB Lietuvos geležinkeliai (Lithuanian railways)

Litlumber Group OU

Air Baltic Corporation A/S

FlixBus Polska sp. z o.o. / UAB FlixBus Lithuania

TollNet a.s.

UAB Serfas

Blue/Yellow

Work highlights

  • Acting for ALPI Baltika, UAB in a dispute regarding the theft of computer hardware during the carriage of goods by road.

Lithuania > TMT Tier 2

Representing major technology giants Huawei and Apple, as well as payment service providers and pharmaceutical companies, Cobalt's team has a solid track record in handling prominent TMT matters in Lithuania. Practice head Zilvinas Kvietkus stands out for his 'exceptional knowledge of pharmaceutical business', and is adept at advising on contentious and non-contentious TMT cases in the sector. Renata Vasiliauskienė focuses on data protection, licensing, and regulatory compliance, and managing associate Julija Beldeninovienė handles contentious mandates. Juras Žymančius is another key contact.

Practice head(s):

Žilvinas Kvietkus

Testimonials

‘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.’

‘Zilvinas Kvietkus has exceptional knowledge of pharmaceutical business. He helps us a lot in the communication with governmental authorities. Juras Žymančius has a very good knowledge of the data privacy regulations.’

Key clients

Huawei Technologies (Vilnius), UAB

Wolt Enterprises Oy

Evolution Lithuania, UAB

AT&T

Volkswagen Gmbh

Apple

15min

Bayer

Masergy Communications, Inc.

Visa

Mastercard

eObuwie.pl, S.A.

Johnson & Johnson Poland Sp. Z o.o.

Novartis

Ipsen Pharma

Merck Sharp & Dohme

Danone

Work highlights

  • Advising AT&T on telecommunication regulatory compliance issues.
  • Acting as counsel to Volkswagen on the enrolment of on-demand functions of mobile online services and connected services in VW vehicles.
  • Provides ongoing advice to Huawei Technologies (Vilnius), UAB on Lithuanian regulation related to 5G development and assisting the company in communication with the government in relation to 5G development in the country.

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

With over 30 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
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
Julija Beldeninovienė photo Mrs Julija Beldeninovienė Julija Beldeninovienė is a Managing Associate, Attorney-at-Law having over 12 years of…
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…
Simona Cicėnienė photo Mrs Simona Cicėnienė Simona Oliškevičiūtė-Cicėnienė is a Partner and Head of Real Estate and Infrastructure…
Rokas Daugėla photo Mr Rokas Daugėla Rokas Daugėla is a partner and Head of the Tax Practice Group. Rokas…
Marius Inta photo Mr Marius Inta Marius Inta is a Partner and Head of the Commercial Disputes Practice…
Žilvinas Kvietkus photo Mr Žilvinas Kvietkus Žilvinas Kvietkus is a Partner at COBALT Lithuania and Head of Corporate…
Irmantas Norkus photo Mr Irmantas Norkus Dr Irmantas Norkus is the Managing Partner of COBALT Lithuania. During his career…
Juozas Rimas photo Mr Juozas Rimas Dr Juozas Rimas is a Partner and the Head of the Mergers and…
Rimantas Simaitis photo Mr Rimantas Simaitis Professor Dr Rimantas Simaitis is Partner and Head of the Dispute Resolution…
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…
Rasa Zaščiurinskaitė photo Mrs Rasa Zaščiurinskaitė Rasa Zaščiurinskaitė is a Partner and Head of the Competition Practice Group at COBALT…
Number of Partners : 40
Number of Lawyers : 203
Estonian
English
Latvian
Lithuanian
Finnish
German
Italian
Russian
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.


‘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.’
Commercial, Corporate and M&A, Legal 500

‘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.’
TMT, Legal 500

‘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.’
Employment, Legal 500

‘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.’
Employment, Legal 500

‘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.’
Tax, Legal 500

‘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.’
Commercial, Corporate and M&A, Legal 500

‘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.’
Dispute resolution, Legal 500

‘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.’
EU and Competition, Legal 500