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Publication / Ieva Andersone, Private: Gunvaldis Leitens
On 30 January 2020, State Secretaries will discuss a draft law at a meeting to amend the Consumer Rights Protection Law. Although the amendments are still being prepared for submission to the Parliament, it is already clear that they will significantly supplement the rights and powers of the Consumer Rights Protection Centre (CRPC). The amendments […]
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We advised Credit Suisse on Latvian and Lithuanian law in connection with a EUR 27 million financing facility to Amber Beverage Group (ABG), an international producer and distributor of alcoholic beverages. The financing will improve the effectiveness of its operations and is the first step towards further ABG expansion. Our input We provided a mandatory […]
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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 […]
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On 21 January 2020 Competition Council published the results of the market supervision on beer sales market in Latvia. During the market supervision a specific emphasis was put on issues of HoReCa and public event sectors. Exclusive contracts and their role in the market According to the report, the consequences of exclusive sales contracts are […]
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Belarus begins the new year hoping to quickly resolve current uncertainty in relations with Russia. Problems began a year ago when the President and the Government of Belarus raised the issue of compensation for losses to the Belarusian budget due to a Russian tax manoeuvre as well as the issue of elimination of barriers in […]
