Major Assignments - Corporate & Commercial

TRINITI advised Thermory on the acquisition of VMS Timber. TRINITI’s work included drafting the letter of intent and the share purchase agreement, advising on the negotiations and assisting with the closing of the transaction. Read moreThermory is one of the world’s largest producers of thermal wood and sauna materials. VMS Timber is a Latvian company whose main activity is the production of sawn timber from aspen. In addition, VMS Timber manufactures and exports thermowood barrel saunas, sauna houses and small houses to USA, Australia and Europe.

TRINITI has for almost 15 years advised SIA TET and SIA TET Estonian branch in various commercial & corporate law and employment law matters. SIA TET (previously Lattelecom) is the leading Latvian Internet, TV and telecommunications services provider, as well as leading IT solutions and data centres technologies and digital content company.

For more than 10 years, TRINITI Estonia has advised Apranga Group companies in various commercial & corporate law matters, including establishment of subsidiaries, change of share capital, amendment of articles of assocation, change of management board. Read moreApranga Group is a leading fashion retailer in the Baltic States which has partnerships with the most famous European and global brands. Apranga Group is consisted of main company Apranga APB and 25 subsidiary companies. Main company Apranga APB is listed on Nasdaq Vilnius Stock Exchange since 1997. Starting from year 2005 company was listed on Baltic Equity list.

Legal advice was provided to the client during the acquisition of shares of a group of companies managing several hotels in Lithuania. The deal had a foreign element and required profound and comprehensive knowledge of various fields of law as well as coordination of the documents with the securities account manager. TRINITI team is proud to have contributed to successful completion of the deal. The transaction is expected to have a positive effect on the hospitality market.

Certificate of Eligibility was issued to a TRINITI client as a result of efficient cooperation among the Ministry of Economy and Innovation of the Republic of Lithuania, the NATO Communications and Information Agency, the NATO Support and Procurement Agency and TRINITI lawyers. The document certifies compliance of the client‘s company to the financial, technical, professional and security requirements. As of 21 July 2020, the company represented by TRINITI lawyers is included into the NSPA suppliers list eligible to participate in NATO procurement.

Eddy Travels, a travel tech startup founded by Lithuanians and based in Toronto, has raised €1.1 million in a pre-seed funding round, led by Baltic VC Practica Capital with participation from Lithuanian firm Open Circle Capital, Techstars Toronto, and angel investors.

Founded in 2018, the company has developed an AI travel assistant, which communicates with users via chat apps such as Facebook Messenger, WhatsApp, and Telegram. Pulling from Skyscanner, the digital assistant can search flights, accommodation, restaurants, and travel insurance.

For now the funding will go to immediate product development work that is adapting the app for travelers during the COVID-19 pandemic. Once the disease is contained and travel restrictions lifted, the startup will shift focus and expand into new markets.

During the course of advising AS Info-Auto, among other things we helped to carry out mergers, divisions, transfers, and exchanges of holdings, increases, and decreases in share capital. Info-Auto is an Estonian car company which was founded in 1993. It is the authorised representative in Estonia of the Volvo Car Corporation and the Ford Motor Company. The company has branches in Tallinn, Tartu, and Pärnu, with a total of more than 150 employees.

Attorneys of TRINITI have advised on matters concerning anti-money laundering compliance, including companies from different sectors (from accounting providers and real estate agencies to creditors and banks). We have helped our clients to assess money laundering risks in their entities and determine risk appetite, as well as establish rules of procedure and internal control. We have consulted and represented companies also in supervisory proceedings of Financial Intelligence Unit.

We advised the purchaser acquiring leading Estonian Software developer HÄT Systems. Our assignment included preparation of the transaction documents and assistance during the negotiations as well as the planning process. HÄT Systems is established in 2005 and offers economic and business analysis software focusing on Dynamics NAV based solutions. Columbus Eesti has for years been a leading economic software developer in Estoni and has to date grown into wide-range digitalization company

We advised the share capital restructure and amending of Articles of Association of Andmevara AS, the subsidiary of Nasdaq Vilnius exchange listed investment company INVL Technology