Banking & Finance

Who We Are

Our banking practice mostly works against banks on behalf of corporate clients. Typical work is refinancing, leveraged buy-out financing, preparation and enforcement of sureties. In fintech sector, we cover mostly regulatory issues and help clients in M&A deals. Established financial institutions typically engage us due to excellence in public procurement, GDPR, litigation.

Practice In Detail
  • Acquisition Finance
  • Commercial Lending
  • Leverage Finance
  • Litigation with Banks
  • M&A
  • Restructuring & Insolvency
Clients
  • BPM Capital
  • CICC EHealthcare Fund
  • CNH
  • Cream Finance
  • East Capital Real Estate
  • Inova Baltic
  • Latvijas Garantiju aģentūra
  • Latvijas Hipotēku un zemes banka
  • MG Valda
  • SEB
  • Swedbank
  • Unicredit Leasing
  • Valmieras stikla šķiedra

Experience

Legal assistance to Lindstrom group OY during the APA procedures in Lithuania.

GDPR due diligence of a Latvian bank in cooperation with Datakom, an IT company.

Legal assistance to UniCredit Leasing Lithuania Branch in development of a new online financial product, inter alia AML regulatory advice.

GDPR due diligece of a single business process of a financial sector entity in cooperation with Datakom, an IT company.

Assistance to UK fund with focus on receivables financing for SME’s in relation to all aspects of Lithuanian law related to crediting relations, applicable security measures, transfer of claim portfolios and insolvency.

Legal assistance to the European Commission in relation to protection of the minority shareholders rights in private and listed companies in 28 jurisdictions including the Baltic States. Jurate acts as a project manager and prepares opinion on Lithuanian and EU law.

Legal assistance in a number of lawsuits against AB DNB bankas related to unlawful actions (recommendations) of the bank regarding bond issue that were linked to the shares index funds. The legal assistance involved deep analyses of EU banking and investment legislation including MiFiD and analyses of national legislation related to banking operations and non-professional investors.

We assisted BPM Capital with legal due diligence and preparation of legal documentation in respect of financing of management buy-out and further development of Optometrijas Centrs SIA, the leading Baltic optics chain operating stores with brands as “Vision Express”, “Pasaules Optika” and “Optio."

Representing VIMEX a second defendant in court case initiated by the insolvent AS Liepājas Metalurgs against its creditor Gesenice for declaring the agreements of delivery of steel products to Gesenice null and void and for collection of the damages in the amount of EUR 0.21 Mio.

Represented the Riga City Council’s Real Estate Department in disputes regarding bank certificates proving financial standing of the bidders. The case showed that the current laws on proving financial standing were not applicable in practice and should affect the new law still in the making.

Key Contacts

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