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INVL Baltic Sea Growth Fund acquires 52.81% in Eco Baltia

by Vairis Dmitrijevs, Head of M&A, Latvia

VILGERTS assisted INVL Baltic Sea Growth Fund in acquiring 52.81% in Eco Baltia. Partners at INVL Baltic Sea Growth Fund, Mr. Vytautas Plunksnis and Mrs. Deimantė Korsakaitė, made a tremendous effort in making this land mark deal happening. VILGERTS team...

Downtime is not an option

by Gints Vilgerts, Partner, M&A, Latvia

Dienas Bizness  For a business, reducing costs in the event of decline in turnover is a matter of survival. One of the biggest costs is wages. How to address the issue of declining turnover? The government suggests implementing downtime. Business...

COVID-19 CONTRACT CLAUSE

by Gints Vilgerts, Partner, M&A, Latvia

To minimise financial risks, both parties shall consider including the following clause: “No Party shall be liable for delay, if it has exercised due professional diligence and, therefore, is not at fault for delay caused by spread of the COVID-19...

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