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Deals & Cases / Jānis Līkops, Roberts Prūsis, Raminta Karlonaitė-Durnan, Robin Teever, Aija Lasmane, Alise Igale, Andis Burkevics, Ieva Andersone, Ieva Prūse, Inese Heinacka, Kate Berlaua, Māris Liguts, Māris Simulis, Mariuss Raits Bergmanis, Nauris Grigals, Santa Rubīna, Santa Prauliņa, Vita Berlaua, Zanda Frišfelde
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]
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We are acting as collateral agent in an issue of public secured bonds worth EUR 10 million by Longo Group, the largest used car retailer in the Baltic region. Our assistance Our assistance involved reviewing the base prospectus from the collateral agent’s perspective, drafting the Latvian and Lithuanian law governed collateral and collateral agent agreement, as […]
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Assistant lawyer Natālija Ķīse compiled the material. Environmental, Social & Governance (ESG) Environmental, social and governance (ESG) ratings: Council greenlights new regulation Adopted: 19 November 2024 The Council adopted a regulation on environmental, social and governance (ESG) rating activities. To increase investors’ trust in sustainable financial products, the new regulation seeks to make grading practices in the […]
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Assistant lawyer Natālija Ķīse compiled the material. Consumer protection Commission warns the online market Temu of possible violations of EU consumer protection law Published: 8 November 2024 Consumer Protection Cooperation (CPC) Network of national consumer authorities and the European Commission informed the online market Temu about some actions on the platform that break EU consumer […]
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We advised Estonian startup company Miros on raising EUR 6 million. The investment round was led by the venture capital arm of the European Bank for Reconstruction and Development (EBRD), EBRD Venture Capital and Tera Ventures. Miros develops AI-based visual search platform software and licenses it to e-commerce platforms. The investment will be used to […]
