Ellex has advised Bigbank on its EUR 20 million issuance of subordinated bonds.
Cobalt Successfully Represents Latvian News Magazine Ir Before Supreme Court
Cobalt has successfully represented Latvian news magazine Ir before Latvia’s Supreme Court in defamation proceedings.
Latvia Leaning into Capital Markets, Fintech, and ESG: A Buzz Interview with Inese Hazenfusa of TGS Baltic
High levels of market activity despite regional tensions and rising uncertainty relating to the war in Ukraine, an ever-more inclusive financial regulatory framework, and a blossoming energy sector are the hot topics in Latvia, according to TGS Baltic Partner Inese Hazenfusa.
Sorainen Advises Fontes on Acquisition in Latvia and Lithuania
Sorainen has advised Estonia's Fontes Palgakonsultatsioonid on its acquisition of the remuneration system development and remuneration survey business in Latvia and Lithuania from Fontes Vadibas Konsultacijas.
Cobalt Successful for Martins Jansons Before European Court of Human Rights
Cobalt has successfully represented Martins Jansons before the European Court of Human Rights in a case regarding his arbitrary eviction during a legal dispute over apartment tenancy.
TGS Baltic and Sorainen Advise on CVE's Sale to Ignitis Renewables
TGS Baltic has advised the shareholders of wind and solar energy project development company CVE on the sale of 100% of its shares to Ignitis Renewables. Sorainen advised Ignitis Renewables on the acquisition.
Sorainen Advises Pet Baltija on Acquisition of Tesil Fibres
Sorainen has advised Pet Baltija on its acquisition of Tesil Fibres. Reportedly, German firm Lupp + Partner advised Tesil Fibres on the sale.
Andris Lazdins, Sarmis Spilbergs, and Martins Gailis Become Equity Partners in Ellex Latvia
Former Associate Partners Andris Lazdins, Sarmis Spilbergs, and Martins Gailis have become Equity Partners at Ellex Latvia.
Cobalt Advises FN-Serviss on Cross-Border Reorganisation
Cobalt has advised FN-Serviss on a cross-border merger of its group of companies in which the company's Estonian subsidiary was acquired by its Latvian parent company.
Latvia: Biofuels – The Wrong Enemy
In March 2022, the European Commission announced that the blending proportion of biofuels, as applied by member states, may be reduced so that less agricultural land is used for the production of biofuel feedstocks. It was clear by then that Russia’s unprovoked war in Ukraine would put pressure on the food and feed commodities markets.
Sorainen Advises PrivatBank Client Portfolio and Assets and Liabilities Transfer to Industra Bank
Sorainen has advised PrivatBank on transferring its client portfolio and part of its assets and liabilities to Industra Bank.
Latvia's Energy All-In: A Buzz Interview with Liga Merwin of Ellex
The energy crisis has a pivotal role in Latvia’s political agenda, with the government focusing on investments in onshore and offshore energy projects and legislative packages to mitigate the crisis-related outcomes, according to Ellex Managing Partner Liga Merwin.
Walless Advises JNG Investments on Balt-Hellin Acquisition
Walless has advised sales and distribution holding JNG Investments on its acquisition of wholesaler Balt-Hellin.
Sorainen Provides Pro Bono Legal Assistance to Papardes Zieds
Sorainen has provided pro bono legal assistance to the Papardes Zieds association on launching its new website.
Sorainen Provides Pro Bono Legal Assistance to Aswell for Reducing Food Waste
Sorainen has provided pro bono legal assistance to Aswell on setting up the terms and conditions for the corporate application users.
Cobalt and Eversheds Sutherland Advise on Coffee Address's EUR 5 Million Bond Issuance
Cobalt has advised Coffee Address Holding on its EUR 5 million unsecured bond issuance. Eversheds Sutherland Bitans advised on collateral agent matters and undertook collateral agent functions for the term of the bonds. Signet Bank was the arranger of the issuance.
Baltic Transaction Market Trends: The First Half of 2022 - Latvia
The first half of 2022 has not (yet) yielded such high profile deals as seen in 2021 (like Printful becoming the first Latvian “unicorn”) but there has been a steady trickle of transactions following the larger wave of 2021.
Latvia: Green Public Procurement
Green Public Procurement (GPP) is a process whereby public authorities seek to procure goods, services, and works with a reduced environmental impact throughout their life cycle, to achieve environmental policy goals relating to climate change, sustainable consumption, etc., ensuring that tenderers abide with a minimum level of compliance with environmental legislation.