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Gints Vilgerts invited as juror for 2020 CEE Deal of the Year Awards

by Gints Vilgerts, Partner, M&A, Latvia

Gints Vilgerts has been selected as a juror for the 2020 CEE Deals of the Year Awards — the most prestigious and sought-after peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deals of the Year...

State aid Temporary Framework: EU Commission approves extending and ex...

by Charles Clarke, Expert Counsel, Latvia

On 28 January 2021, the European Commission announced its decision to extend the validity of State aid Temporary Framework rules, as well as the previous scope to assist the European bloc in its fight against the ongoing economic strains caused...

State aid Temporary Framework rules: EU Commission approves Covid-19 s...

by Charles Clarke, Expert Counsel, Latvia

The European Commission has approved a EUR 5 million Latvian aid scheme whereby organizers of cultural events in Latvia affected by the coronavirus pandemic can receive state support.  The European Commission concluded the scheme was in line with the conditions...

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...

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Related Experience

Sale of shopping mall “Riga Plaza” to Summus Capital OU and Ivar Vendelin by LSREF3 Latvia Investments S.à r.l. where Vilgerts acted for the buyers.

Assistance to BPM Capital with exit from financing of DEAC and Smiltenes piens with mezzanine loans.

Provision of legal assistance and representing property development company that focuses its operations in Riga in court proceedings and arbitration proceedings concerning non-performance of contractual obligations by a bank and liability thereof.

Legal support to Nulles Depozīts SIA, a bidder for bottle deposit system in Latvia, with corporate and regulatory matters.