Our team successfully provided legal assistance to the municipality of Carnikava region concerning the Administrative Territorial Reform. During the reform, Carnikava municipality will merge with Ādaži municipality in one joint Ādaži region municipality. In this regard, the municipality of Carnikava region states that by adopting the Administrative territory and populated area law, the legislator has […]
We represented “YIT LATVIJA” (“YIT”), part of the YIT Group – a major construction company in Northern Europe and the largest in Finland – in a dispute over the legality of a construction permit issued to YIT. Essence of the dispute In this matter, more than 40 applicants challenged a construction permit issued to YIT […]
The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
We represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]
More flexibility and clear priorities We advised Luminor Bank on the sale of its Head Office building in Riga, Latvia. Investors represented by Colonna acquired the property, on Skanstes 12, through purchase of the property holding company SIA Skanstes 12. As part of the transaction, Luminor signed a 10-year lease for the whole building, on […]