Related Services

Experience

Successful representation of BAO in disputes for collection of insurance indemnity against Compensa Vienna Insurance Group and BTA Baltic Insurance Company.

Advising BAO AS, a leading Latvian waste management company, with its filing of an appeal to the Procurement Monitoring Bureau regarding the results of a high-profile tender.

Advising East Capital Real Estate Fund IV on the various legal aspects of its EUR 83,000,000 (approximate) acquisition of 100% of the shares in Deglava Real Estate SIA (a subsidiary of ICA Gruppen (Sweden)), which owns a modern 94,000 square meters logistical and office center in Riga.  The transaction is one of the largest and most significant real estate transactions to occur in Latvia during 2023.

Representing VW dealers in several follow-on antitrust damages litigations.

The VILGERTS’ finance team advised Advance Global Capital Ltd, a leading global investment management company, on the various legal aspects of its EUR 6 million revolving credit facility to an international factoring company, headquartered in Latvia.

VILGERTS team advised AS DelfinGroup on the conditions of the unsecured bond issue prospectus in the amount of EUR 15 million. The prospectus for the issue of unsecured bonds includes both the opportunity for new investors to purchase the new unsecured bonds from 4 August 2023, as well as the opportunity for existing investors of certain categories of bonds to exchange existing bonds for new ones.

The VILGERTS’ team is advising East Capital Real Estate on its acquisition of 100% of the shares in Hepsor U30 SIA (a subsidiary of the Estonian company, Hepsor Latvia OÜ), which owns a commercial building called “StokOfiss U30”, developed by Hepsor (with a total rental area of 3,642 m2). The transaction is valued above EUR 5 million. StokOfiss U30 is a multifunctional commercial building with a three-in-one leased space solution, including a sales premises, office space and a warehouse.

VILGERTS advised SIA "Biļešu paradīze", a company of Ekspress Grupp AS, in a dispute in which SIA "Biļešu serviss" contested the results of the procurement tender concerning the sale of tickets for the upcoming and the largest national “Song and Dance Festival” in Latvia.  As a result, the tender results were left unaltered and SIA "Biļešu paradīze" concluded a contract with the contracting authority.

The VILGERTS team advised the owner and manager of Galleria Riga, "East Capital Real Estate", in successfully finalising a significant long-term lease agreement with Workland. The agreement involves a remarkable investment (exceeding EUR 3 million) and aimed at transforming the expansive fifth floor of Galleria Riga, spanning an impressive area of 3,200 m2, into state-of-the-art co-working offices.

Providing a legal opinion to LVR Flote SIA regarding specific issues related to the application of the Port Services Regulation and the rules governing utilities procurement.

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