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 […]
We advised Tenova India Private, an international innovative solutions provider for metals and mining, in asset recovery. Client officially recognised as victim The case involved a cross-border criminal investigation for fraudulently transferred funds in large amounts and money laundering. Due to effective cooperation with the investigative authorities and prosecutors, we obtained official recognition of the […]
Publication / Alexey Anischenko, Maria Rodich
The Belarusian government is not rushing with adopting measures to combat the Coronavirus: as of today, the borders are open, Belarus is not on lockdown, and not even an individual quarantine policy for educational establishments has been introduced. Recognition of the impact of the Coronavirus on Belarusians began with the Ministry of Healthcare adding COVID-19 […]
Publication / Alexey Anischenko, Maria Rodich
The package adopted by the Belarusian Government on 31 March 2020 in connection with the consequences of COVID-19 included measures aimed at regulating legal aspects in the field of public procurement. Under the general rule,[1] the parties to a public procurement contract cannot change the following terms of the contract: the subject of public procurement […]
In the coming months, many companies will face indebtedness and liquidity problems that can be alleviated by acting prudently. It is important to address indebtedness and the resulting liquidity problems at the earliest possible stage. Otherwise, they may deepen and become insurmountable, when it may no longer be possible to return from bankruptcy, writes our […]
