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The Lithuanian Court of Appeal ruled in favour of our client, the municipal company Susisiekimo paslaugos, ruling that the terms of the approximately EUR 1 billion tender announced by Vilnius City Municipality for 300 new electric buses and passenger transport services are lawful. The court of first instance, having examined the complaint submitted by one […]
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Deals & Cases
We assisted Digmatix a regional IT services company specialising in digital transformation solutions built on Microsoft Cloud – in obtaining a positive ruling from the Latvian tax authorities regarding the applicability of the thin-cap exemption to interest payments made to an investment fund established in another EU member state. About the case The outcome is […]
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We advised the shareholders of Kurekss, which is one of Latvia’s leading sawmills and has over 30 years of industry experience, on the sale of 100% of shares in the company and, indirectly, its subsidiary Kurzemes granulas (a wood pellet producer in Latvia, in operation since 2005) to HS Timber Group. About Kurekss Established in […]
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Acting as Estonian counsel through international law firm Clifford Chance, we advised Erste Group Bank AG, J.P. Morgan SE and Société Générale, which were acting as joint managers for a EUR 500 million government bond issue by the Republic of Estonia. The bonds were issued under the Euro Medium Term Note (EMTN) Programme and are […]
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We advised the European Bank for Reconstruction and Development (EBRD) on the technical cooperation project “Development of a Legal and Regulatory Framework for Derivatives in Estonia”. On 15 October 2025, the Estonian Parliament adopted amendments to the Securities Market Act and other related acts, which introduce the uniform application of close-out netting regulation into Estonian […]
