Cobalt is home to a robust EU and competition team adept at handling the full range of regulatory and state aid disputes and merger filings. The team represents a broad range of clients, operating in industries as diverse as aviation, healthcare, energy and retail, and is well-regarded for its strong Competition Council record. Rasa Zaščiurinskaitė, praised by clients for her ability to ‘translate complex legal matters into practical, actionable advice’, leads the practice. She is closely assisted by Manvydas Borusas and Simona Liuimienė, as well as Edvinas Einoris, a recent hire from Ellex Valiunas. Former Ellex Valiunas practice co-head Lauras Butkevičius joined the team in November 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Exceptional attention to the client's problem, deep market knowledge, ability to adapt best practices to the client's situation, a broad team of specialists ensures a broad approach to the situation.’
- ‘Cobalt is known for its deep legal expertise, client-centric approach, and strategic insight across a wide range of industries. Lawyers are not only legal experts but also understand the business context of various sectors. Cobalt also offers proactive legal risk management and strategic planning, not just reactive legal services.’
- ‘Lawyers are not only technically brilliant but also strategic thinkers; they understand commercial drivers and tailor legal strategies to support broader business goals—not just legal compliance. I also would note the team's accessibility, speed, and consistency. I would mention Rasa Zasciurinskaite, Manvydas Borusas, Justinas Sileika.’
- ‘Rasa Zaščiurinskaitė and Simona Liuimienė are great professionals in the field.’
- ‘The most impressive aspect of working with COBALT is their extraordinary ability to grasp market dynamics and provide advice that surpasses any other. Their team is consistently available with analysis of the latest EU regulations. They always demonstrate professionalism and efficiency while keeping us informed at every stage. They excel at finding fair solutions to distribute economic and operational risks between the parties involved, making them an invaluable partner for our operations.’
- ‘Our primary contact at COBALT is Rasa Zaščiurinskaitė, and she has been an invaluable partner in our legal and business ventures. What sets Rasa apart is her ability to translate complex legal matters into practical, actionable advice that aligns with our business goals. She’s always ahead in keeping us informed about the latest changes in the legal field, and her approach has helped us navigate some of our most difficult challenges.’
Key clients
- Rheinmetall
- Mehilainen
- MBWS Distribution LT
- Vilniaus degtinė
- Conres
- ESSPO
- Investuok Lietuvoje
- Tenko Baltic
- Bigbox
- Vilniaus viešasis transportas
- Nepi Rockcastle
- Softeq
Work highlights
Represented the Lithuanian Basketball League and the basketball club Pasvalio “Pieno žvaigždės” in the 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.
Represented Citus, Resolution and Lendor Estate, three real estate brokerage companies, in an investigation by the Competition Council regarding alleged market sharing with regard to clients and employees.
Represented the European Bank for Reconstruction and Development in submitting multiple merger filings: (i) regarding its 100 million euro investment into Green Genius, a renewable energy infrastructure developer, (ii) regarding its 50 million euro investment into Releven, an office developer.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Edvinas Einoris

Simona Liuimienė
Practice head
Rasa Zaščiurinskaitė
Other key lawyers
Manvydas Borusas; Simona Liuimienė; Edvinas Einoris; Justinas Sileika

