COBALT beats notable competitors to win the coveted title of Baltic Law Firm of the Year 2013 at a Chambers Europe’s celebration on 25 April, where the world's leading independent legal analysts announced the Chambers Europe Awards for Excellence 2013.
In recognising COBALT, Chambers Europe emphasised the firm’s sterling reputation: ‘Extolled for its excellent corporate and commercial work, Baltic titan COBALT has an admirable reputation in the region, with clients noting its effective cross-border collaboration on pan-Baltic deals. It retains top-tier rankings across many practice areas, with its Lithuanian energy practice particularly gaining recognition.’
According to Chambers Europe, COBALT merited particular plaudits for landmark cases involving the banking and energy sectors. Among notable instructions included the firm’s representation of Höegh LNG on its long-term lease agreement for a floating LNG terminal in Lithuania and advising AB Ūkio Bankas on the transfer of assets worth EUR 785 million to AB Šiaulių Bankas.
COBALT partners were delighted to receive the prestigious Chambers Europe award.
Dr Irmantas Norkus, Managing Partner of COBALT Lithuania and Belarus offices, points out: ‘We are especially honoured to have been placed among this group of elite award winners, which is yet another recognition of our top place on the Baltic market. At the same time, it is an incentive and an obligation for the future to strive to provide the highest quality services to our clients in four countries, including our newest office in Belarus.
We stand out as an M&A focused full service law firm capable of handling multiple complex transactions simultaneously (AB Ūkio bankas, AB Linas Agro Group, Eesti Post, UAB ATEA Baltic, etc.). Furthermore, we have been involved in the majority of the biggest transactions in virtually every industry in our region.’
Dace Silava-Tomsone, Managing Partner of COBALT Latvia office, stated: ‘We are thrilled to receive this international recognition for our hard work on some of the most challenging assignments in the region. Our offices have been top ranked by Chambers Europe across all practice areas for almost a decade, and we continue to challenge ourselves to exceed clients’ expectations.’
Chambers Europe Awards for Excellence honour outstanding law firms and legal professionals in Europe. The award reflects both pre-eminence in key practice areas, and achievements over the last 12 months, including notable work, strategic growth, excellence in client service, and contribution to the legal profession.
Chambers Europe is one of the world’s leading and most prestigious legal directories, which has been conducting research of legal markets for over two decades now in 51 jurisdictions in Europe and provides an in-depth analysis of the legal market of each country. The rankings are independent and objective; they are based on a large number of confidential interviews with clients and law firms in the market.