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We represented “YIT LATVIJA” (“YIT”), part of the YIT Group – a major construction company in Northern Europe and the largest in Finland – in a dispute over the legality of a construction permit issued to YIT. Essence of the dispute In this matter, more than 40 applicants challenged a construction permit issued to YIT […]
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On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]
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We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
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Force maejure: Can construction contracts be suspended because of pandemic? Read more (in Latvian) here.
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Advising the Nordic Environment Finance Corporation (NEFCO) in connection with its investment in the Second Mezzanine Fund managed by FlyCap. About NEFCO NEFCO is an international financial institution established in 1990 through an intergovernmental treaty between Denmark, Finland, Iceland, Norway and Sweden with the objective of generating positive environmental impact through its investments, with a […]
