According to Valts Nerets, Partner at Sorainen in Latvia, recent municipal elections have resulted in a political change in the Latvian capital of Riga, while, on the national level, the Latvian legislature and government are trying to create a business-conducive environment, which has attracted new companies to the market, mainly from Belarus.

TGS Baltic lawyer Violeta Zeppa-Priedite has become Head of the White Collar Crime & Corporate Investigations practice in the firm's Latvian office.

Cobalt Latvia has advised two natural persons in an administrative appeal of a decision of Latvia's Office of Citizenship and Migration Affairs denying them residence permits due to non-compliance with the provisions of the Immigration Law.

Sorainen has advised Infracapital and AMP Capital on the sale of their combined ownership interest in Adven, a provider of clean energy solutions across the Nordics and Baltics, to unnamed institutional investors.

Walless of Lithuania, Derling Primus of Estonia, and Primus Derling of Latvia have signed an agreement to form a pan-Baltic firm operating under the Walless brand.

Cobalt has represented Latvia's Central Election Commission in proceedings before the Regional Administrative Court in Riga regarding the annulment of extraordinary elections to the Riga City Council.

On September 14, CEE Legal Matters reported that Sorainen had advised Brette Haus on the preparation of a sales contract template for prefabricated folding houses. CEEIHM spoke with Gennadii Bakunin, CEO of Brette Haus to learn more about the matter.

Cobalt has advised Dithmarschen Baltic GmbH on its acquisition of 100% of Dan-Lat Invest and ODK & RB. Actus Q reportedly advised the sellers on the deal.

Ellex Klavins successfully assisted Gulbenes Autobuss and Balvu Autotransports on contesting a procurement award involving a regional passenger carriage in Latvia before the Procurement Monitoring Bureau.

Cobalt has advised capital300 and Chalfen Ventures on a EUR 5 million series A investment into Riga-based startup Lokalise.

Sorainen has advised Brette Haus on the preparation of a sales contract template for prefabricated folding houses.

The Lithuanian office of Glimstedt has advised UAB CGP Management on the sale of four private medical service operators in Lithuania to Latvia's Repharm healthcare group. Cobalt advised Repharm on the deal.

Ellex has advised Quaero European Infrastructure Fund II on the acquisition of 100% of the shares of Digitalas Ekonomikas Attistibas Centrs from Solo Investments SIA, Astondesmit Astoni SIA, Duo Investicijas SIA, and KFP SIA. Triniti advised the sellers on the transaction.

The mandatory procurement of electricity (a “feed-in tariff,” or FIT) is one of the main schemes implemented in Latvia to support the production of renewable energy. FIT is a guaranteed right to sell a certain annual amount of electricity to the public entity for a fixed period of time at a price that exceeds the market price. The advantageous system is made available to combined heat and power (CHP) plants of high efficiency and producers using renewable energy. FIT is an important component of each renewable energy project, as renewable energy production without these rights is uncompetitive.

Cobalt has successfully represented the Latvian Television public TV network before the Administrative District Court and Administrative Regional Court of Latvia against an association of political parties challenging the rules set by the network related to the allocation of airtime leading up to the elections of the 13th Saeima (parliament) as unlawful.

TGS Baltic has advised Moller Real Estate Baltic AS on the acquisition of a 2,300-hectare land plot near the Riga International Airport and a former British American Tobacco Latvia office-warehouse building located on it. Cobalt advised the unidentified sellers on the deal.

The Latvian office of Sorainen has advised the Sarmants event planning association in an intellectual property dispute.

Sorainen and Loyens & Loeff have advised the Kekava ABT consortium on its agreement with Latvian State Roads to construct the Kekava Bypass part of the Via Baltica.