EIRA annual report: energy investments in Latvia

VILGERTS Law Firm shared their expertise with the team behind Energy Investment Risk Assessment (EIRA) for the International Energy Charter. This prestigious publication will assist governments improve investment conditions for foreign investors in the energy sector.

VILGERTS Head of Regulatory, Katrīne Pļaviņa, recommends investors into renewables to be aware of the yearly amendments to the national feed-in tariff scheme, which intends to cut the subsidy levels sometimes below market price. As the EIRA report notes, the government lags behind ensuring  an open procedure for such amendments and safeguarding the investor’s interests.

EIRA intends to help countries make smart regulatory choices and develop effective strategies that ensure investor confidence is established and retained over time. It is premised on best practices and measures that enable a resilient investment environment, including a level playing field for domestic and foreign investors.

 

by Katrīne Pļaviņa, Attorney-at-law, Latvia

Related Lawyers

Katrīne Pļaviņa

Attorney-at-law

+371 26 164 110

katrine.plavina@vilgerts.comEmail

Andris Dimants

Associate

+371 28 350 347

andris.dimants@vilgerts.comEmail

Related Experience

Providing legal assistance to one of the largest Latvian glass manufacturers in a cross-border dispute with Italian company regarding the delivered goods. On 26 June 2019 the court satisfied client’s request to ensure the claim by seizing the debtor’s financial means in Italy.

Representing a marine insurance company in litigation against a Latvian retailer regarding the retailer’s failure to pay for the delivered goods according to United Nations Convention on Contracts for the International Sale of Goods.

Representing a Latvian top 15 company in an ongoing collective dispute with several trade unions. The dispute concerns the interpretation of the rules that determine the amount of compensation that employees may claim in case of business trips or work travel trips.

Representing the client before the State Employment Inspectorate regarding alleged discrimination of employees on the grounds of family status. The case shall clarify, whether employees must issue health insurance to employees, who are on parental leave.

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