We provided legal assistance and represented the client in a post-M&A dispute, which arose from foreign investment in a Latvian company. Development of the proceedings To ensure a positive outcome for the client, in national court we requested security of the claim before initiating the arbitral proceedings. Subsequently, we initiated the arbitral proceedings in the […]
Deals & Cases / Piret Jesse, Piret Lappert, Paul Künnap, Algirdas Pekšys, Jānis Taukačs, Norman Aas, Andis Burkevics, Darius Raulušaitis, Dr Kaido Künnapas, Lise-Lotte Lääne, Renāte Purvinska, Britta Retel, Agita Sprūde, Natālija Ešenberga, Robin Teever, Līva Aleksejeva, Juliana Pavilovska, Nele Suurmets
We advised Hexatronic, a Swedish industrial group, on the acquisition of Estonia-based Baltronic and Canada-based Toronics, acting as local advisors through Advokatfirman Vinge, one of the largest law firms in Sweden. Strong presence in the Baltics as a result of the transaction Baltronic and Toronics supply and assembly fibre optic products with a focus on […]
We assisted a client in obtaining a favourable award in the Court of Arbitration of the Latvian Chamber of Commerce and Industry (LCCI). Our client is a service provider from the Baltic region and Belarus, while the opponent was a global materials manufacturer with its headquarters in the United Arab Emirates. Initially we advised the […]
We advised an international oil trading company and its cooperation partner – a company operating the port terminal in Liepaja ‒ in multi-party negotiations for claims arising out of contamination of oil products. About the dispute The products were partially contaminated while they were being loaded on board ship. The dispute arose with regard to the […]
After protracted efforts, Lithuanian investor E energija will finally receive compensation of EUR 3.1 million for being forced out of the heat supply market in Latvia. By a decision of 8 April 2020, a special committee of the International Centre for Settlement of Investment Disputes (ICSID) rejected an application by Latvia to annul the award of 2018 by […]
