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 […]
In a recent judgement in Case C-40/17 Fashion ID GmbH & Co. KG v Verbraucherzentrale NRW eV the Court of Justice of the European Union (CJEU) handed down its ruling on 29 July 2019. The main conclusion: Internet websites that embed a Facebook “Like” button can be controllers jointly with Facebook within the meaning of […]
Our team contributed to the WTS CEE Tax Bridge 2019 summer issue, focusing on new developments with respect to the beneficial owner concept applied in Central and Eastern Europe. The publication offers an overview of what is happening in some EU countries (Austria, Czech Republic, Estonia, Hungary, Latvia, Lithuania and Poland) as well as third […]
We provided pro bono assistance to the Latvian Children’s Palliative Care Society to carry out a photo project, “Bridges of Dreams”, in collaboration with the world-famous Precious Baby Project artist Angela Forker. About the photo project In Latvia, for over 600 families the dream of a sunny childhood has disappeared, but instead they have been able […]
Potential changes in Lithuanian pharmaceutical industry: state owned pharmacies are coming on to the market On 27 March 2019, the Lithuanian Cabinet of Ministers approved Resolution No XIIIP-1939 drafted by the Ministry of Health (in Lithuanian), which proposes expanding the functions of state owned health care institutions. The Government of Lithuania has approved an amendment […]