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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...

You do not have the right to remain silent

by Debora Pāvila, Partner, Latvia

Dienas Bizness | Opinion “I am no thief” – an accused person once said to defend himself in a 17th-century English courtroom. To which the judge coldly replied, “Then you must prove it.” The poor man was likely hanged, as...

VILGERTS IP Team Highly Ranked in World Trademark Review

by Ineta Krodere, Senior Partner, Latvia

We are excited to be ranked as one of Latvia’s leading IP law firms by the World Trademark Review 1000. This listing is a yet another great endorsement of our IP team’s hard work and expertise in the field of international...

If you intend to sell your business – plan ahead

by Gints Vilgerts, Partner, M&A, Latvia

If you want to sell your business for the highest possible price, you need to do your homework. Usually the to-do list is clear, but the list may become longer after receiving the first comments from potential buyers and advisors....

Related Experience

Provided legal advice on the possible effect to the commercial activities of the client’s group companies in relation to OFAC sanctions imposed to Aivars Lembergs.

Assisted various legal service providing companies throughout year 2019 by developing their internal AML/KYC procedures.

Audited consumer financing service provider Creamfinance and developed its internal AML/KYC procedure.

Assisted East Capital Baltic Property Fund III in acquiring Logistic Park near Riga International Airport for nearly 19 million euros. VILGERTS provided 100% legal support in the process including financing arrangements.

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