Practice Expertise

  • Financial Services Regulatory
  • Funds
  • Private Equity
  •  

Areas of Practice

  • Financial Services Regulatory
  • Funds
  • Private Equity
  • Asset & Project Financing
  • Capital Markets
  • Corporate Governance
  • Insurance
  • Mergers & Acquisitions (M&A)
  • Start-ups
  • Venture capital
  • View More

Profile

Akvile Bosaite is a Partner and Co-Head of the Banking and Finance Practice Group. She has specialised in banking, finance, investment funds, project financing, restructuring of financing, securities and M&A for over fourteen years. Akvile Bosaite is a recommended expert in finance law by international law firm directories. She holds a Master's degree in Law from Vilnius University and an LL.M. from Erasmus University, Rotterdam (The Netherlands).

During her legal practice, Akvile Bosaite has led a number of the largest financing, investment funds, capital markets and mergers and acquisitions projects both in Lithuania and foreign jurisdictions. She acted as an adviser in numerous banking-related assignments (including lending, refinancing and loan portfolio sale), one of the few initial public offerings of equity and debt securities in Lithuania, structuring and formation of various funds (including venture, seed and UCITS) and other finance law related projects.

Education
Erasmus University Rotterdam, the Netherlands, Postgraduate LLM in Business, Corporate and Maritime Law (specialisation Corporate Law) (2008)
PhD studies at the Faculty of Law, Vilnius University (2004-to date)
Faculty of Law, Vilnius University, Master's degree in Law (2004)
European and Comparative Law studies at University of Gent, Belgium (2003)
Member of the Lithuanian Bar (since 2009)

Areas of Practice

  • Financial Services Regulatory
  • Funds
  • Private Equity
  • Asset & Project Financing
  • Capital Markets
  • Corporate Governance
  • Insurance
  • Mergers & Acquisitions (M&A)
  • Start-ups
  • Venture capital

Professional Career

Significant Accomplishments
COBALT advised ValorPay UAB in obtaining a payment institution licence
COBALT advised KEVIN EU, UAB in obtaining a licence of a payment institution
COBALT advised Morgan Stanley in connection with the financing of the acquisition and takeover bid of Olympic Entertainment Group shares
COBALT advised Wallter, UAB in obtaining a licence of an electronic money institution
COBALT advised Practica funds on the sale of their shareholding in UAB NanoAvionika to AST&Science
COBALT is advising Agrosfera UAB on the sale of a shareholding in UAB ICOR
COBALT advised UAB GlobalNetint in obtaining a licence of an electronic money institution
COBALT advises managers of the Baltic entities of pharmaceutical wholesale company Oriola in management buy-out
COBALT represented a syndicate of banks in granting Telia Lietuva a syndicated loan of EUR 60 million
COBALT advised Mobilus-mokejamai in obtaining a licence of an electronic money institution
COBALT represented East West Agro in its preparations for an IPO
COBALT advised Practica Capital on its investment in Rubedo sistemos
COBALT advised UAB Bite Lietuva in obtaining a licence of an electronic money institution
COBALT advised 4finance Group on issue of EUR 100 million corporate bonds
COBALT advised Practica Capital on its investment to TRAFI
COBALT acted for AB Bobutes paskola in admission of its bonds to trading on First North market
COBALT advised AB Invalda LT on the acquisition of Finasta Group
COBALT advised UAB EPSO-G on the acquisition of shares in AB Amber Grid from E.ON Ruhrgas International
COBALT advised UAB Ukio Banko Investicine Grupe bankruptcy administrator on the sale of Hearts Football Club
COBALT advised Practica Capital on its investments in Cheap Data Communications
COBALT advised Practica Capital on its first investments under the JEREMIE initiative
COBALT advised Practica Capital on the establishment of business accelerator Startup.lt
COBALT advised UAB Martesa on the acquisition of 100% shares in UAB PONTEM
COBALT led an unprecedented transfer of good bank assets to a major Lithuanian bank
COBALT advised LKAB Klaipados Smelte in relation to EUR 65 million credit facilities
COBALT advised AB Linas Agro Group on the acquisition of Jungtine ekspedicija
COBALT advised AB Linas agro group on the acquisition of the remaining shareholding in UAB Dotnuvos projektai
COBALT contributed to the establishment of two Practica Capital funds
COBALT contributed to the establishment of the real estate fund Lords LB Baltic Fund III
COBALT contributed to the establishment of the umbrella hedge fund ORION PORTFOLIO FUND

Professional Associations
"Led by Akvile Bosaite, the Banking & Finance team excels in the full scope of banking matters, including handling high-profile banking industry transactions and litigation." (Legal 500, 2019)

"Akvile Bosaite has received widespread recognition from market sources for her efficiency and availability. She has extensive experience in transactional and regulatory issues, and also advises clients on venture capital matters." (Chambers Europe 2019, Banking & Finance)

"Banking team head Akvile Bosaite is a well-respected name on the market. "I think highly of her," one source says, adding: "She is smart and organised." (Chambers Europe 2016, Banking and finance)

"Akvile Bosaiteis excellent; very smart, efficient and proactive." (IFRL1000 2016)



Articles

COVID-19 in Lithuania: Business liquidity measures
COVID-19 in the Baltics: FAQ on Banking & Finance law issues due to COVID-19 outbreak
Civil Law. General part
European Corporate Law

Meet our Firms and Professionals

WSG’s member firms include legal, investment banking and accounting experts across industries and on a global scale. We invite you to meet our member firms and professionals.