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 assisted BnB Group, a rapidly expanding logistics company in Lithuania, in a dispute with a Latvian customs broker and Russian customs regarding a customs debt. The debt was imposed on our client for failing to deliver a cargo to customs within transit terms. The cargo was stolen using a scam scheme. Eventually, an amicable […]
We represented Latvijas Pārtikas ražotājs, a popular Latvian manufacturer of culinary products and confectionery, that successfully developed “Latvijas Labumi” the trade mark, in a dispute that lasted almost three years with Andrejs Fraimanis for invalidation of an immovable property (production facility) purchase contract and revocation of an assignment contract. Essence of the dispute In this […]
Litigation We successfully represented a Kazakh company in a case on recognition and enforcement of a Kazakh court judgment in Latvia. The Latvian court agreed to recognise and enforce the EUR 10 million judgment. We assisted in obtaining security to enforce the Latvian court decision as a vitally important tool to actually allow collection in […]
An arbitral tribunal by the World Bank International Centre for Settlement of Investment Disputes (ICSID) has made an award in an investment dispute between energy group E energija (Lithuania) and the Republic of Latvia. This is the first decision on the merits in an ICSID case against the Republic of Latvia, and the only ICSID […]