- What is the Corporate Counsel 100?
- How to nominate in-house counsel
- Australia/New Zealand
- Asia Pacific
- Latin America
- Middle East
- UK Regional Powerlist
- United Kingdom
- United Kingdom - Rising Stars
- United States
- United States - Rising Stars
- How do the awards work?
- The Legal 500 United Kingdom Awards 2014
- The Legal 500 United States Awards 2014 - In-house winners
- The Legal 500 United States Awards 2014 - Law firm winners
- The Legal 500 Latin America Awards (coming soon)
- The Legal 500 Germany Awards (coming soon)
- Frequently asked questions
- Editor's Letter
- Inside GC: Executive Summary
- In-house survey 2014
- A dangerous game of bluff
- From client to colleague
- Harvard thinking
- How to be Chief Executive of your own career
- Rules of engagement
- The 5-minute financial analysis
- The third way
- The world's greatest management thinker: Clayton Christensen
- What I wish I'd known: moving in-house
- What's your IP strategy?
- Corporate Counsel 100 Brazil roundtable
- Mexico City: Corporate Counsel 100 discussion
- The Legal 500 Corporate Counsel Summit
- Corporate Counsel 100 United States roundtable
- General Counsel: United States
- Intellectual property: debate
- Risk management
- Private equity
- Data security
- Leadership and management
- Intellectual property
- Legal market overview
- Banking and finance
- Corporate and M&A
- Dispute resolution
- EU and competition
- IP, IT and telecoms
- Real estate and construction
- Shipping and transport
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cape Verde
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Faroe Islands
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- Netherlands Antilles
- New Zealand
- Papua New Guinea
- Saint Martin
- Sao Tome E Principe
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal market overview
The Latvian economy has been one of the fastest recovering in Europe since the downturn, but economic growth slowed in 2013, and the country saw a significant increase in business restructurings, bankruptcy and litigation. The real estate market also remains sluggish, despite increasing interest from foreign investors.
That said, Latvia’s entry into the eurozone in January 2014 is beginning to fuel significant interest from abroad which may generate legal work. Furthermore, the government has ushered in changes to corporate income tax law, which will see an attractive holding company regime come into effect in 2014, allowing tax-free repatriation of dividends, interest and royalties to non-residents; and implement a participation exemption for capital gains from sale of shares.
Lawin, Raidla Lejins & Norcous and Sorainen remain market leaders, and cornered the majority of the market’s upper-end deals in 2013. Attorneys at Law Borenius, Kronbergs & Cukste and Glimstedt & Partners are also prominent across a broad spectrum of practice areas.
In another development, Latvian firm Adversus joined forces with Nordeus in Estonia and The Attorneys of Pavlov & Mamontovas in Lithuania to form new firm Fort.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
Search News and Articles
Inside this issue: Latest case law in labour matters Protection of proprietary in-terests of a company at the European Court of human rights — why not? Assessing the transfer of an undertaking NEWS – ANNOUNCEMENTS – EVENTS
The amendments made - Significant amendments to the Commercial Law regarding reorganization of companies, convening of shareholders’ meetings, as well as declaring the beneficial owners came into effect on 1 and 13 July 2011.
Legal News at Your Glance - European Union: Treaty of Lisbon signed -- Estonia: Changes in Income Tax Act -- Latvia: Latvian Supreme Court upholds restrictive doctrine of foreign state immunity -- Lithuania: Amendments in the business accounting standards
A practical insight to cross-border Corporate Tax work
This article covers two topics (1) Estonian employment contracts and their termination (2) Amendments in Law “On State Social Insurance”
Latvia: 2007 year in review.
The new Insolvency Law has come in to force as of 1st January 2008
Read entire article by clicking here...
GSK advises Rockspring on the formation of a joint venture and the acquisition of 23 big box retail parks with a value of EUR 350 million
Mateusz Chmielewski has considerable international experience in providing legal advice on capital markets transactions. He has advised leading financial companies and institutions on important private and public offerings of shares, bond issues (including high-yield bonds and convertible bonds), as well as medium-term bond programmes. Mateusz Chmielewski graduated in law from the University of Warsaw and the University of Cambridge. Before joining Gide, he worked for Greenberg Traurig in Warsaw, and before that, as a solicitor in the London and Singapore offices of Ashurst. After returning to Poland, Mateusz Chmielewski worked on many of the largest IPOs and secondary offerings of shares.
On 9 February 2015, Erste Bank Hungary entered into an agreement with the Hungarian Government and the European Bank for Reconstruction and Development (EBRD). Pursuant to the agreement, both the Hungarian Government and the EBRD will participate in Erste Bank Hungary’s capital increase and will each acquire a 15% of the share capital of the bank, which is part of the Vienna-based Erste Group. With the planned increased capital, Erste Bank Hungary has committed to increasing its lending activity in certain sectors (public, energy, and agricultural sectors) that the Hungarian Government views as strategically important. It is envisaged that Erste Bank Hungary will provide credit facilities in the aggregate amount of approximately EUR 550 million for the above-mentioned sectors. read more...
Der schwedische Private Equity Investor EQT hat in der vergangenen Woche die E.I.S. Aircraft Gruppe vollständig übernommen. Die E.I.S. Gruppe besteht aus der E.I.S. Holding GmbH, der E.I.S. Aircraft GmbH und der DEVA-Kunststofftechnik GmbH. Auf Verkäuferseite stand eine Gruppe von Privatinvestoren. Über den Kaufpreis wurde Stillschweigen vereinbart.
Der schwedische Private Equity Investor EQT ist in Deutschland seit Anfang 2014 über seinen Midmarket-Fonds am Bäckerei-Discounter Backwerk beteiligt. EQT unterzog die Beteiligungsfinanzierung bzgl. der BackWerk-Gruppe nun einer komplexen Refinanzierung.
Representing a well-known international retailer, HaoLiWen IP and customs lawyers have recently settled a trademark lawsuit concerning OEM products shipped from China. The shipment once seized by China Customs was released to the satisfaction of the client.
Stuarts Walker Hersant Humphries is pleased to announce the promotion of Richard Annette to Head of the Litigation department.
Die Hauptversammlung der nextevolution Aktiengesellschaft, Hamburg, hat am 19. Dezember 2014 mit großer Mehrheit die Übertragung der Aktien der Minderheitsaktionäre auf die Hauptaktionärin HeidelbergCapital Private Equity Fund II GmbH & Co. KG gegen Gewährung einer angemessenen Barabfindung in Höhe von EUR 6,23 je Aktie beschlossen.