We provided legal assistance and represented the client in a post-M&A dispute, which arose from foreign investment in a Latvian company.

Development of the proceedings

To ensure a positive outcome for the client, in national court we requested security of the claim before initiating the arbitral proceedings. Subsequently, we initiated the arbitral proceedings in the Court of Arbitration of the Latvian Chamber of Commerce and Industry (LCCI) and represented the client at the hearing. After successfully defending the client’s interests during arbitration proceedings and obtaining a favourable arbitral award, we also advised the client during the enforcement stage.

Our involvement

By representing the client in the Latvian court, during arbitral proceedings, as well as at the enforcement stage, we obtained a desirable result for the client.

The Sorainen team was led by partner Valts Nerets. The client was advised and represented by senior associate Agita Sprūde and associates Agneta Rumpa and Elvis Grinbergs.