The International Chamber of Commerce (ICC) has published an updated edition of Incoterms 2020 terms of trade for the sale of goods. This ninth edition of Incoterms sees changes to both the structure and content of the rules. Although the changes are not as radical as expected, it is useful to understand the new rules […]
We assisted Autolux in taking over the operations and administration of the Hertz franchise in Estonia, Latvia and Lithuania. Car rental company Autolux won the tender and became the exclusive Hertz franchise operator in the Baltic states as of 1 January 2019. Autolux completed the required preparations on time and effectively centralised and streamlined the […]
We acted as Latvian law advisers for Joint Lead Managers J.P. Morgan and SEB bankas on the issue by Air Baltic Corporation of EUR 200,000,000 5-year bonds. So far this is the largest corporate bond issue originating from Latvia. More information on the project available here. The matter was handled by partner Rūdolfs Eņģelis, senior […]
Transport conglomerate Mootor Grupp is taking the Estonian state to court on the issue of compensation for free transportation of children, and people with disabilities, which it says should come from the state and not from its own coffers, Baltic News Service reports. Mootor Grupp is the parent company of Lux Express and SEBE coach […]
Dear clients and co-operation partners, As summer vibes seem to be just around the corner, we are delighted to share with you our summary of the main legal and business news in Belarus for the first few months of 2019. As at the end of 2018, the Belarusian-Russian relationship is the main provider of news […]
