We successfully represented bankruptcy trustees in a dispute over substitution of wills, which increased bankruptcy assets by approximately EUR 150 000. A pioneering solution Traditionally, the consent of the other party is required in order to receive money from a notarial deposit. Thus, the main issue in the dispute was whether the court could replace the […]
We advised venture capital fund Vsquared Ventures on investing in the biotech startup Droplet Genomics. In the late seed funding round, the startup, which from now on will be known by the name Atrandi Biosciences, raised EUR 4.5 million. Among other investors in the company in this round were the venture capital fund Practica Capital […]
We advised MM prekyba, operating under the brand name Macadamia Nut Farm, on attracting an investment. The wholesale and retail company MM prekyba successfully attracted investment, sold 34% of the shares in the company to the investor, Baltijos biotechnologijos, and came to an agreement with the investor on company financing. Macadamia Nut Farm owns macadamia […]
On 24 March 2023, a Dutch investor, Van Ansem Participaties BV, submitted a notice of dispute to Latvia for violating the minimum standard of treatment under customary international law and invoking the protection under Article 49 of the TFEU and Article 17 of the EU Charter of Fundamental Rights. Van Ansem Participaties BV owns a […]
We successfully represented Saaremaa Laevakompanii (an Estonia-based shipping company) in a dispute over the recovery of a compromise agreement of EUR 60 million. Significant economic impact The dispute started in 2018, when the plaintiffs filed claims against Saaremaa Laevakompanii (SLK) to revoke specific clauses of the compromise agreement in recovery, claiming that they were damaging […]