We assisted Riga Retail Park, owner of one of the largest shopping centres in Latvia, Saga, in refinancing its bonds, which are governed. Our assistance and team Our assistance included negotiations with the financier, a Latvian credit institution and the bondholder regarding the refinancing documents – the financing agreement and bond redemption documents – as […]
We are representing a player in the international technology sector in an investigation in Latvia initiated by the Latvian Corruption Prevention and Combating Bureau. A former employee of the client was convicted in a foreign country for a large-scale bribery, with payment of more than EUR 2 million in bribes alleged. About the case A case […]
We successfully represented audit firm KPMG in their dispute with the Estonian Auditing Activities Oversight Board (AJN) in district court. As a result, the ”yellow” quality label assigned to KPMG will expire. In addition, the disciplinary sanction imposed on KPMG was also revoked and the AJN must return the EUR 16,000 fine already paid by […]
We advised Baltic Horizon Fund, a real estate fund managed by the Norther Horizon Capital, on the sale of the G4S office building in Tallinn to HITS Investments. Continued growth in the Baltics This is the first-ever transfer of an item of the Baltic Horizon Fund portfolio. The sale price reached in a non-market agreement […]
We advised Baltic Mill, a Baltic grain processing group, on its successful two-year bond issue, which has a total value of EUR 3 million. With this bond issue, organised by Šiaulių bankas, our client refinanced a two-year bond emission issued in 2019, with redemption taking place on 4 November 2021. Vygantas Reifonas, CFO of Baltic […]
