TGS Baltic > Riga, Latvia > Firm Profile
TGS Baltic Offices
ELIZABETES STREET 63-11
1050 RIGA
Latvia
- Go to...
- Rankings
- Firm Profile
- Main Contacts
- Lawyer Profiles
- Notable Cases
- Client Testimonials
- Legal Briefings
TGS Baltic > The Legal 500 Rankings
Latvia > Dispute resolution Tier 1
TGS Baltic has a strong disputes resolution practice with a focus on public sector work, representing government ministries, municipal councils and state-owned transport giants, as well as well-known private multinationals like Mastercard. The practice is led by Ivars Grunte, a highly experienced arbitrator and mediator. Linda Štrause leads on many of the firm’s key disputes matters and specialises in major infrastructure and public buildings projects, while Sandis Petrovičs regularly represents clients engaged in litigation in the financial services sector. Agnese Hartpenga notably works on disputes in the sporting world, including contractual disputes between athletes and agents.Practice head(s):
Ivars Grunte
Other key lawyers:
Linda Štrause; Sandis Petrovičs; Agnese Hartpenga; Zane Sklamina
Testimonials
‘Strong team of professionals, deep knowledge in different business fields.’
‘Professionalism and involvement.’
‘The managing partner of the firm has over 40 years of experience and is a true litigator. You can’t get better service than at TGS Baltic!’
‘Managing partner Ivars Grunte is and always will be a top tier attorney! Partner Linda Štrause is one of the most responsive attorneys we have worked with. Associate Zane Sklamina seems like the up-and-coming star of the firm – just wait and see, she will go far!’
Key clients
Valsts Nekustamie Īpašumi (State Real Estate)
Flebomedika SIA
LDZ Cargo SIA, Latvian Railway
Rīgas Dzirnavnieks AS
Riga City Council
B-Bus SIA
Public Utilities Commission
Mastercard Europe
Latvenergo AS
University of Latvia
Sadales tīkls AS
DPD Latvija SIA
Work highlights
- Representation of the Riga City Council versus VELVE in relation to the recovery of damages caused by an infringement of competition law.
- Representation of AS Latvijas Dzelzceļš and SIA LDZ Cargo in court proceedings against the Latvian Competition Council.
- Represents the interests of Mastercard Europe S.A. in the claim brought by legal entity requesting annulment of the transaction and recovery of damages.
Latvia > EU and competition Tier 1
TGS Baltic’s comprehensive practice covers merger clearance, abuse of dominance cases, high profile cartel investigations, compliance, transaction structuring and state-aid. The firm is particularly notable for overseeing major transactions in the telecoms and retail sectors. The team is jointly led by M&A expert, Andra Rubene , and Māra Stabulniece-Veldruma, who acted on some of the firm’s key cases, including advising Latvian Railways in its abuse of dominance defence against the Competition Council. Vladlena Rudusāne-Simiča and Elīza Siliņa are further names to note in the team which, in addition to government bodies and state-backed companies, also represents major private enterprises and educational institutions.Practice head(s):
Andra Rubene; Māra Stabulniece-Veldruma
Other key lawyers:
Key clients
TET SIA
The Akropolis Group
The Public Electronic Mass Media Council of Latvia
(Sabiedrisko elektronisko plašsaziņas līdzekļupadome, SEPLP)
VAS “Latvijas Dzelzceļš” (Latvian Railways)
SIA “LDZ CARGO”
AS “Latvenergo”
The Riga City Council
The University of Latvia
VIAPLAY
Phillip Morris
Novartis SIA
SEB Banka
Inchcape Motors Latvia
Schwenk
Mylan Healthcare/Viatris
Euroaptieka
European Commission (in cooperation with MILIEU and SPARK Legal)
Work highlights
- Assisted fixed-line telecom operator TET in acquiring 100% shares of a B2B telecom and IT company Telia Latvija, including obtaining merger clearance from the Latvian Competition Council.
- Assisted Akropolis Group in acquiring the biggest shopping center in Riga, ALFA, and obtaining merger clearance from the Latvian Competition Council.
- Representing state-owned railway infrastructure company VAS “Latvijas dzelzceļš” (Latvian Railways), in court proceedings against the Latvian Competition Council challenging alleged abuse of dominant position.
Latvia > IP, IT and telecoms Tier 1
TGS Baltic acts for a diverse range of clients in sectors from the automotive industry through to sports. The firm assists with EU trademark registration and also has significant strength in data security matters, including emergency data breach response. Sandis Petrovičs and Arina Stivriņa co-head the technology and data protection practice group at the firm with the latter recommended by clients as she ‘understands the technological processes‘. Andra Rubene is a corporate and M&A lawyer with a TMT specialism who heads the IP and telecoms practice, providing advice on data privacy and complex cybersecurity matters. Associates Alīna Lepere and Zane Skļamina have strong track records in trademark disputes and support on many of the firm’s key matters.Practice head(s):
Andra Rubene; Sandis Petrovičs; Arina Stivriņa
Other key lawyers:
Alina Lepere; Ilga Vaļko; Zane Skļamina
Testimonials
‘The team actively participates and self-represents in local and pan-Baltic data protection and startup events. We recommend this team for its startup-friendly prices and technical (besides legal) expertise.’
‘TGS lawyers actively promote their professional image online by posting about their participation in various industry events and also about promotions at the firm. This provides good visibility and makes me think of them even when I am offline. I believe that it is also beneficial for the lawyers in the firm that the employer recognizes their efforts and familiarises the public with their activities.’
‘Arina Strivrina has additional training in IT law and an understanding of information security issues, which for me is a sign that she understands the technological processes when working with privacy matters and IT sector-related matters. Such an education for legal professionals is still not very common in the Latvian legal market.’
Key clients
CCC Riga Digital Services SIA
Chipita SA
Meta Platforms Ireland Limited
Whatsapp Ireland Limited
Smartlinks Airlines SIA
Galio Development
Hokeja akadēmija SIA / Latvijas Hokeja Federācija
Moet Hennessy
Natural Pharmaceuticals
TET SIA
Tele 2
BPO SIA
Monqlab SIA
Squalio Group
Meredot SIA
Ciech Group
Havi Logistics SIA
Partender Inc.
Marketing Angels SIA
DPD Latvija SIA
Inchcape Motors Latvia SIA
Civinity LV SIA & Civinity group companies
CityBee Latvija SIA
Continental AG
Altero SIA
Euroaptieka SIA
SKW Schwarz acting on behalf of BMW AG
Europark Latvia SIA
Stokker SIA
Paul Mason Properties SIA
Philip Morris Latvia SIA
Boehringer Ingelheim RCV GmbH & Co KG
Graanul Pellets SIA
Delta SIA
Inchcape Motors Finland Oy / Inchcape Motors Finland acting on behalf of Jaguar Land Rover
“Rīgas mikroautobusu satiksme”
Centrs Dardedze NGO
Unagi Media SIA
Guided Thinking SIA
SIA “Mailmaster”
Work highlights
- Advised SmartLynx on the preparation and filing of two EU trademarks, “GiGi Air” and “GiGi Airlines”, as well as representing the client for the European Union Intellectual Property Office (EUIPO) registration process.
- Provided legal assistance to Meta Platforms Ireland Limited as a prospective subject of the ePrivacy directive.
- Assisted Continental AG with a review of its privacy policy and provided other personal data legal advice.
Latvia > Real estate and construction Tier 1
TGS Baltic provides support in both commercial real estate transactions and public sector developments. The team also has strong capabilities in public procurement work and specialist knowledge in sectors including energy and sport. Linda Strause, experienced in PPP, development regulatory, constitutional and environmental law, leads the team, supported by Sandis Petrovičs and Agnese Hartpenga. Senior associate Aija Kreicberga is also key, providing previous industry experience to her clients, having worked as a real estate expert for Latvijas Mobilais Telefons.Practice head(s):
Linda Štrause
Other key lawyers:
Sandis Petrovičs; Agnese Hartpenga; Aija Kreicberga
Testimonials
‘Our team leader Linda Štrause is so responsive and knowledgeable. The team always responds timely, are on top of their game and we are very satisfied with the results they give.’
‘Partner Linda Štrause is one of the greatest leaders of the industry we have ever worked with. Aija Kreicberga has so much talent in real estate, we love working with her! Zane Sk?amina, although has just 5 years of experience, has given our real estate cases a big boost and we would love to see her growth further in the future!’
‘Whole team has such technical knowledge that I have no doubt that always we get the best treatment.’
‘After covid, they are still providing options to meet online also, which is very convenient for busy people. Billing is always timely and in emails.’
‘We have been working with TGS Baltic real estate and dispute resolution practice groups team for quite some time now. Very strong team of recognized, experienced and skilled attorneys at law, with a capacity to cover large scale and very complex cases. They offer quick and quality analysis, whenever it is necessary, always meet agreed deadlines. Their fees are competitive, and their advice has particular and practical added value.’
‘I would like to acknowledge the vast and extensive knowledge and skills of Linda Štrause, a partner, the head of team and our main contact. Partner Linda Štrause is always on point and provides great communication when dealing our cases. Aija Kreicberga shows great support in every aspect of her work with us.’
Key clients
Akropolis
SIA M257
Latvenergo AS
Flebomedika SIA
Roto
Schwenk SIA
Moller Mobility Group
Sporta centrs Mežaparks SIA
Delta Property SIA
Rotho Blaas Group
Wind Power Development
University of Latvia
Valsts nekustamie īpašumi (States Real Estate)
Work highlights
- Provided full transactional support to Akropolis Group UAB in the acquisition of 100% of the shares of SIA Delta Property, the owner of a major shopping centre Alfa Shopping Centre in Riga, Latvia.
- Represented the University of Latvia in the development of the university’s new campus in Torņkalns, Riga.
- Assisted Rotho Blaas with the purchase of a warehouse in Latvia.
Latvia > Banking, finance and capital markets Tier 2
TGS Baltic's banking and finance practice is led by the highly experienced Inese Hazenfusa. The team advises on loan transactions, bond issuances and IPOs and has notable specialisms in crowdfunding regulatory and sanctions compliance matters. Retail and real estate financing are other key strengths of the firm. Ilga Valko advises on compliance and anti-money laundering matters. The presence of former prosecutor Artis Kļaviņš in the team ensures the practice has the capacity to offer expert advice on matters concerning white-collar criminal law.Practice head(s):
Inese Hazenfusa
Other key lawyers:
Ilga Vaļko; Artis Kļaviņš
Key clients
Akropolis Group UAB
Altum Capital Fund
Evernord
Rīgas Satiksme
Single Resolution Board
Esto Holding
mBank
Revolut
Novira Capital
European Investment Bank
Signet Bank
BluOr Bank
Banque Internationale a Luxemourg
SEB Bank
Jyske Bank
Crowdestate
Work highlights
- Assisted Akropolis with a EUR 300 million Eurobond issue.
- Advised Altum Capital Fund on a loan of EUR 10 million to the eco-friendly hygiene product company iCotton.
- Advised Signet Bank on a securitisation matter in Latvia – the subsidiary of the bank issued secured notes with the value of over EUR 9 million.
Latvia > Commercial, corporate and M&A Tier 2
TGS Baltic‘s corporate, commercial and M&A practice in Latvia covers a range of sectors including media, IT and retail, and the group regularly assists with high-value M&A deals. The team also specialises in private equity transactions. The practice is led by experienced corporate lawyer Andra Rubene. She is supported by two senior associates: energy sector M&A expert Armands Masulis and Anna Vaivade, who speaks Spanish, French and English as well as Latvian and oversees international deals. Associate Kaspars Treilibs provides additional support.Practice head(s):
Andra Rubene
Other key lawyers:
Anna Vaivade; Armands Masulis; Kaspars Treilibs
Testimonials
‘Excellent capabilities in adapting their services according to the firm’s request and managing a complex foreign investment with all the bureaucratic work/papers precisely and on time.’
‘Anna Vaivade – engaged, and always available. Kaspars Treilibs – dedicated.’
‘The team offered the service within the corporate field that was required.’
‘We primarily worked with associate Anna Vaivade who was responsive.’
‘TGS Baltic is a long-term, active player in the corporate, commercial, and M&A legal advisory market that has accumulated loads of expertise and best practices over the years. The corporate, commercial, and M&A-focused firm has an excellent team of high-profile specialists who perfectly complement each other and work as a perfect team to accomplish the most complex and challenging transactions.’
‘Andra Rubene is a very experienced corporate, commercial, and M&A partner. She works very hard and fast and delivers results. Andra organizes M&A processes well and obtains input from all relevant parties in the due deadlines from the due diligence until the signing and closing of the transaction. She is very invested in ensuring of success of the transactions she is working on. Her team provides pragmatic solutions to complex legal issues.’
Key clients
Akropolis Group UAB
Tet SIA
OptiGroup / Papyrus
Expobank
Helix Kapital
Green Gateway Fund L.P. / Wermuth Asset Management GmbH
Squalio Group
Pax 8 / Resello B.V. / TVG
Lagercrantz Group
Naujoji Ringuva AB / Spodrība AS
INVL Baltic Sea Growth Fund
BlackSheep Ventures / BlackSheep MadTech Fund
GlaxoSmithKline
Work highlights
- Advised Akropolis Group on acquiring ALFA shopping centre in Riga, with a total area of 154,000 sq. m.
- Assisted the technology and entertainment company SIA Tet on acquiring 100% of the shares of SIA Telia Latvija.
- Assisted Swedish private equity company Helix Kapital with investment in the international sports media agency Spring Media in cooperation with Vinge.
Latvia > Employment Tier 2
TGS Baltic‘s comprehensive Latvian employment law practice is jointly led by disputes specialist Andra Rubene, transfers and restructuring expert, Linda Štrause, and the highly recommended Toms Tīdemanis. The trio acts for clients in a number of sectors including retail, food, technology, automotive and pharmaceuticals, and also represent state bodies such as the Academy of Sciences. The practice covers complex disputes, transfers and restructurings, among other matters. Associate Ilga Valko recently joined the firm from Ellex.Practice head(s):
Andra Rubene; Linda Štrause; Toms Tīdemanis
Other key lawyers:
Testimonials
‘Excellent knowledge of the case, attention to detail and to the client – this is what makes TGS Baltic so unique. Also, the fact that TGS Baltic teams in Latvia, Lithuania and Estonia can work together on one case is exceptional.’
‘Toms Tidemanis is really great on details, legal consulting and drafting of documentation. You always get the answer very quickly.’
‘I value Mr. Tidemanis as he is always precise, quick and responds to my queries in an appropriate length. He provides answers with a very practical approach.’
‘The TGS Baltic team is ahead of its competitors. It has outstanding advisory capabilities, procedures, and automated templates for starting, changing, and terminating employment; for employment organization and internal rules; for enumeration, incentives, and share options. The team also has very impressive employment litigators.’
‘Toms Tidemanis is a competent, charismatic, and to-the-point employment law expert who focuses solely on the employment law area and offers advice tailored to the most recent trends and most contemporary solutions on the market. Andra Rubene is excellent at staffing and employment projects (setting up, transfer, restructuring, etc.) management. Linda Štrause is a capable employment disputes litigator with decades of practice deploying winning strategies.’
Key clients
Latvian Academy Of Sciences, Derived Public Entity
Unilever, Unilever Baltic LLC, SIA / Marga B.V.
Peek & Cloppenburg, SIA
Mars Latvia, SIA / Mars, Incorporated And Its Affiliates / Royal Canin Latvia SIA / Mars Petcare
Intrum Global Technologies SIA
Invitae Corporation
Food Union Group – Rīgas Piena Kombināts, AS /
Valmieras Piens, SIA / Food Union Management, SIA
AS Spodrība / AS Naujoji Ringuva / UAB Premium
Capital / Ferund, SIA
Revolut Bank UAB
Euroaptieka , SIA / Azeta, SIA
Inchcape Motors Finland
Sia Europark Latvia / UAB Lords Lb Asset
Management / UAB Modus Grupe
Meawallet AS / SIA Meawallet Latvia
Latvian Hockey Federation, Association (Biedrība Latvijas Hokeja Federācija)
Grindeks AS Marsh SIA / Marsh Mclennan Regional Holdings Limited
Aldaris AS / Carlsberg Sweden Holding 2 Ab / Carlsberg Group
Krūza SIA / Kurtasia
Santos Dumont
AH Property SIA / Bassadone Automotive Nordic Oy / Auto Halle
Acme Grupė
Work highlights
- Assisted the Latvian Academy of Sciences, a derived public entity, with the comprehensive restructuring of the administration and disputes with several employees.
- Assisted Intrum Global Technologies SIA with the transfer of a part of employees to the transfer a part of the business to Accenture the branch in Latvia (Accenture Latvijas filiāle) due to outsourcing of certain specific programming and consultancy operations by Intrum to Accenture.
- Advised Mars and Royal Canin on engaging, amending, and terminating employment relations, appointment to and resigning from the registered management positions, issuing and revoking procedures and commercial powers of attorney, continuous development of employment structures, and employment contracts.
Latvia > Shipping and transport Tier 2
TGS Baltic advises many major regional companies and projects. The firm is strong in railway-related work and cargo damages and insurance claims; it also has a growing client base including major multinationals, and its sanctions work for Graanul Invest Group demonstrates its broad capabilities. Andra Rubene is a corporate partner with experience in distribution, transport, storage and logistics contractual work. Ivars Grunte works on dispute resolution, specialising in sanctions and customs work, while associate Arina Stivriņa, recommended for her ‘understandable and strategic advice‘, represents a number of large logistics and delivery companies.Practice head(s):
Ivars Grunte; Andra Rubene; Arina Stivriņa
Testimonials
‘The TGS team is very professional, and their advice is highly valued.’
‘Arina Stivriņa is very professional, she gives straight-forward, understandable and strategic advice.’
Key clients
AS Latvijas dzelzceļš
Imavere Shipping Company
Voestalpine Railways
Rīgas Satiksme
Inchape Motors Finland
Latvijas Balzāms
Inchape Motors Group
Nutrimex
Samson Materials
Ionity
GlaxoSmithKline
Via3L Latvia
ACB
Latvian Hockey Federation
Papyrus SIA
Graanul Invest Group
Latgran SIA
Work highlights
- Represented AS Latvijas Dzelzceļš (Latvian Railway) in court proceedings against the Latvian Competition Council.
- Advised Voestalpine Railway Systems GmbH and other group companies on negotiations regarding the Rail Baltica project.
- Advises Graanul Invest Group in connection with the sanctions currently imposed on shipments to Belarus and Ukraine due to of the war in Ukraine.
Latvia > Tax Tier 2
TGS Baltic possesses capability in handling the tax aspects of the firm’s other major practice areas such as real estate, banking and finance and energy, including renewables. The firm has significant strengths in tax structuring and due diligence for major corporate transactions and bond issuances. Certified tax adviser Rudolfs Vilsons, an expert in tax structuring and tax dispute resolution, leads the team jointly with experienced corporate and M&A lawyer Andra Rubene.Practice head(s):
Andra Rubene; Rūdolfs Vilsons
Key clients
Akropolis Group UAB
Pax8
Evernord UAB
Rīgas Satiksme
Orrick, Herrington & Sutcliffe LLP
European Energy AS
SIA Gym LV (brand Lemon Gym)
Unilever
Latgran SIA
Inchcape Motors Latvia SIA
City Bee Solutions / SIA CityBee Latvia
Baltic Granulas SIA
Cryogas M&T Poland S.A.
BRC SIA
Work highlights
- Assisted Akropolis Group UAB (Lithuania), the leading shopping and entertainment center development and management company in the Baltic States, with the tax due diligence and structuring of the acquisition of 100% of the shares of SIA Delta Property.
- Advised Evernord UAB (Lithuania) on the tax structuring of a private placement of EUR 3,500,000 bonds of NC K2C SIA (Latvia), a subsidiary of the Estonian real estate developer Novira Capital.
- Advised and obtained binding rulings of the local tax authorities confirming taxation of offshore wind farm business development projects in Latvia and Estonia in the interests of European Energy AS (Denmark)
Lithuania > Fintech Tier 1
TGS Baltic represents some of fintech’s biggest international names, including Revolut and Connect Pay, as well as the Lithuanian Ministry of Finance. Practice head Žygimantas Stankevičius has first-hand banking industry experience, as do associates Aistė Patašiūtė and Sebastian Okinczyc, with each having worked in the in-house legal teams of major regional banks. Services provided by the practice include licensing assistance, representation in litigation against regulatory authorities and advice on data protection and cybersecurity. The team has particular expertise in the regulatory environments for e-money, electronic payment services, cryptocurrencies and P2P lending and crowdfunding platforms.Practice head(s):
Žygimantas Stankevičius
Other key lawyers:
Aiste Patašiute; Sebastian Okinczyc
Testimonials
‘The firm’s team was very proactive and creative.’
‘The team helped us a lot on the regulatory environment and I am very satisfied with the results dealing with regulator.’
‘Very experienced capital markets team, they are well aware of the market and it shows in their work. TGS Baltic also keeps an eye on today’s realities and is an extremely forward thinking company.’
‘Employees were super professional, forthcoming and collaborative, putting client needs and experience before financials and formal contractual arrangements. I would especially like to mention Žygimantas Stankevicius and Aiste Patašiute.’
‘Professionalism and orientation to the client and result.’
‘Experience in the certain areas, clear understanding of risk management, open minded.’
Key clients
Revolut
Saldo Finance
Connect Pay
Paysera
Payswix
Woolsocks
GuruPay
Paystrax
Silvergate
Work highlights
- Engaged by E&Y and Ministry of Finance of the Republic of Lithuania to assist in the implementation of an investment project aimed at developing an electronic payment platform for consolidated management of state treasury accounts and payment accounts of state institutions and non-profit organisations.
- Assisting Saldo Finance UAB in licensing and compliance matters.
- Representing UAB Paysera LT in a dispute with the financial supervisory authority regarding fines imposed by the BoL due to alleged non-compliance with AML/CFT requirements.
Estonia > Tax
TGS Baltic > Firm Profile
The firm: TGS Baltic is a leading full-service commercial law firm in the Baltic States. The firm’s attorneys have an unprecedented experience mix of serving local and international businesses, the public sector, working with the European Central Bank, the European Investment Bank, institutions of the European Union, and collaborating with top-tier international law firms. The firm has been involved in almost all of the major transactions that were completed in the Baltic States since they regained their independence and is currently involved in the most important strategic energy and infrastructure, corporate, and litigation projects in the Baltics.
The Latvian office is one of the most experienced law firms in the region and has developed and grown throughout its years of operation. In 2022 TGS Baltic Latvian office will celebrate its 30th anniversary of operation in Latvia.
Areas of practice
Corporate and M&A: corporate and M&A work is the core area of expertise of TGS Baltic. TGS Baltic as part of a consortium led by Rothschild and consisting of Porta Finance and Deloitte Czech advised the Ministry of Economics of the Republic of Latvia on the possible purchase of shares in gas transmission and storage system operator Conexus Baltic Grid worth €150–200m (the initial value of Conexus Baltic Grid defined by financial advisors).
Banking and finance: TGS Baltic advised CVI Dom Maklerski sp. z o.o. (CVI) in arranging financing Riga Retail Park for the purposes of co-financing acquisition of real property as well as construction and development of the Saga Lifestyle and Shopping Centre; Advised the European Central Bank in relation to the revocation of the license of AS Trasta Komercbanka; Successfully represented LV Asset Management AIFP before the financial and capital market commission during granting the status of a registered alternative investment fund manager; provided legal assistance to the University of Latvia regarding the €30m investment contract of the European Investment Bank; advised Nordea Bank AB on re-registration of the securities as the result of a cross-border merger of Nordea Bank Danmark A/S (Denmark), Nordea Bank Finland Plc (Finland) and Nordea Bank Norge ASA (Norway) into Nordea Bank AB (publ) Sweden (€32m).
Litigation and arbitration: TGS Baltic’s experience in large-scale, complex disputes, where simultaneous, active, and immediate action in different directions is necessary, is exceptional. Currently TGS Baltic represents clients in court cases with a total value of more than €500m.
White-collar crime and corporate investigations: TGS Baltic’s team of experts has experience of acting for corporates and individuals facing crimes and investigations performed by regulatory and law enforcement bodies.
Real estate and construction: TGS Baltic has an extensive market share in real estate matters in the commercial property sector. The firm’s experience in real estate due diligence and transactions, large multi-functional and infrastructure projects is outstanding.
Tax: TGS Baltic is very strong in tax planning, transaction support, structuring, tax due diligence, and tax litigation.
EU and competition: TGS Baltic provides clients with the full spectrum of services aimed to ensure competition law and state aid compliance and avoid violations and administrative fines and compensation of civil damages. TGS Baltic has the strongest pan-Baltic and local team of professionals with extensive experience in providing the above services.
Energy and infrastructure: is one of the key areas of practice of TGS Baltic, which lately has been marked by the involvement in large infrastructure projects. TGS Baltic is involved in energy and infrastructure projects based on its in-depth knowledge and experience obtained through its long-standing practice, which is highly valued by its clients. It covers all aspects of business activities in the energy area.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Managing Partner, Dispute Resolution and Litigation | Ivars Grunte | ivars.grunte@tgsbaltic.com | |
Partner, M&A, Competition, Employment | Andra Rubene | andra.rubene@tgsbaltic.com | |
Partner, Real Estate and Construction, Energy | Linda Štrause | linda.strause@tgsbaltic.com | |
Partner, Banking & Finance, Capital Markets | Inese Hazenfusa | inese.hazenfusa@tgsbaltic.com | |
Partner, Dispute Resolution, Employment, Energy | Agnese Hartpenga | agnese.hartpenga@tgsbaltic.com | |
Partner, Data Protection, Intelectual Property | Sandis Petrovičs | sandis.petrovics@tgsbaltic.com | |
Senior Associate, Competition | Māra Stabulniece-Veldruma | mara.stabulniece-veldruma@tgsbaltic.com | |
Tax | Rūdolfs Vilsons | rudolfs.vilsons@tgsbaltic.com | |
Associate, Head of Data Protection | Arina Stivriņa | arina.stivrina@tgsbaltic.com | |
Associate, Intelectual Property, Data Protection, Corporate Commercial | Zane Skļamina | zane.sklamina@tgsbaltic.com | |
Associate, Real Estate and Construction | Aija Kreicberga | aija.kreicberga@tgsbaltic.com | |
Administrative and Finance Manager | Tatjana Klaipa | tatjana.klaipa@tgsbaltic.com | |
Head of Marketing and Communications | Līga Lapsa | liga.lapsa@tgsbaltic.com |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Mr Jānis Bite | Counsel, attorney-at-law | View Profile | |
Mārtiņš Galzons | Legal Assistant | View Profile | |
Ivars Grunte | Managing Partner (Latvia), Chairperson of the pan-Baltic Board, Head of Dispute Resolution… | View Profile | |
Agnese Hartpenga | Partner | View Profile | |
Inese Hazenfusa | Partner, Head of Banking & Finance practice group, Latvia | View Profile | |
Aija Kreicberga | Associate | View Profile | |
Alīna Lepere | Senior Associate, Trade Mark Attorney | View Profile | |
Gundars Madelis | Associate | View Profile | |
Sandis Petrovičs | Partner, Co-Head of Data Protection practice group | View Profile | |
Andra Rubene | Partner, Head of Mergers & Acquisitions practice group, Latvia | View Profile | |
Vladlena Rudusāne-Simiča | Associate | View Profile | |
Zane Skļamina | Associate | View Profile | |
Māra Stabulniece | Senior Associate, Co-head of Competition practice group | View Profile | |
Arina Stivriņa | Senior Associate, Co-Head of Data protection practice group | View Profile | |
Linda Štrause | Partner, Head of Real Estate and Energy practice group, Latvia | View Profile | |
Kaspars Treilibs | Associate | View Profile | |
Toms Tīdemanis | Associate | View Profile | |
Rūdolfs Vilsons | Associate | View Profile |
Staff Figures
Number of partners worldwide : 33 Number of lawyers in Baltics : 150+Languages
English Latvian Lithuanian Estonian Serbo-Croatian French German RussianMemberships
International Lawyers Network TerraLex Latvian Bar AssociationOther
Contact : Ivars Grunte, Managing Partner, ivars.grunte@tgsbaltic.com Other office : Tallinn, Estonia Other office : Tartu, Estonia Other office : Vilnius, EstoniaNotable Cases
1. Assisted IRI Investments BV with acquisition of SIA IRI Forest Assets Latvia (formerly SIA Foran Real Estate), one of the largest forest companies, from Storebrand Livsforsikring AS (70.05%), SPP Pension & Forsakring AB (publ) (29.37%), NORSKOG (0.14%) and Gundars Skudrin (0.44%). TGS Baltic assisted IRI Investments BV also with participation in the bidding process for Bergvik Skog forest properties and business in Latvia. Value of the only comparable transaction EUR 324 million;
2. Assisted Euroapotheca UAB pharmacy chain group on signing of a term and revolving syndicated facilities agreement with the total commitment of 185 million euros. Advised pharmacy chain group on receipt of financing from SEB and Swedbank of EUR 185 million;
3. Assisted Belgian investment group Straco with the acquisition of the horticulture company AS Greenyard Horticulture Latvia from Greenyard as a part of acquisition of its horticulture segment. EUR 120 million;
4. Advised Swedish Bergs Timber AB (publ) on the acquisition of Vika Wood and Byko-lat (Latvia), EWP AS and Laesti AS (Estonia) and Norvik Shipping (United Kingdom) from Iceland Norvik hf. EUR 70 million;
5. Advised the Ministry of Economics on the acquisition of 18.31% of the shares of the natural gas transmission and storage system operator AS Conexus Baltic Grid by the Latvian electricity transmission system operator AS Augstsprieguma tikls from the German energy company Uniper Ruhrgas International GmbH. EUR 54 million for 34.36%;
6. Advised the Ministry of Economics on the acquisition of 16.05% of the shares of the natural gas transmission and storage system operator AS Conexus Baltic Grid by the Latvian electricity transmission system operator AS Augstsprieguma tikls from SIA ITERA Latvija. EUR 54 million for 34.36%;
7. Assisted US Camera Company Snap Inc. with opening and closing of operations through its subsidiary in Latvia SIA Snap Latvia. Snap Inc. provides technology and social media services. The company`s flagship product is a mobile camera application Snapchat that helps people to communicate through photos, short videos, images, drawings and texts. Snap serves customers worldwide.
8. Assisted Expobank CZ a.s. with financing of acquisition of Radisson Blu Daugava Hotel by Astor Group (Latvia) from PBR Hotel (USA). The firm carried out full scope assistance to the financing institution, including drafting of the loan and security agreements, including pledge and mortgage agreements, participated in negotiations of the transaction documents and followed up on establishing of securities and fulfilment of the conditions prior to and after the drawdown. Maximum amount of the secured claim is EUR 28 million.
9. Provided legal assistance to IK Investment Partners with acquisition of Carspect AB, SIA Scantest, Autotest Polska Sp. Z.o.o and A-Katsatus OÜ from A-Katsastus Group Oy, a leading vehicle inspection service provider in the Northern Europe.
10. Provided legal services to the Scandinavian financial group Swedbank in relation to the takeover of Danske Bank’s retail business in Latvia and Lithuania. The transaction included accounts of individuals, loans, deposits, payment cards, and securities. EUR 641 million.
11. Assisted the owners of Proplastik in Estonia, Latvia and Lithuania with selling of their plastics distribution business to the Europe’s largest wholesaler of plastics Vink Group.
TGS Baltic Latvia office received CEE Legal Matters Deal of the Year Award for advising AS Augstsprieguma tikls on acquisition of stake in Conexus Baltic Grid from Uniper, while TGS Baltic Lithuania office received the award for advising UAB Euroapotheca on acquisition of Apoteksgruppen from Sweden http://ceelegalmatters.com/hungary/8673-a-night-of-celebration-at-cee-deal-of-the-year-awards-banquet-in-prague
Client Testimonials
TESTIMONIAL: TGS Baltic ensures clear, correct, credible and well substantiated advice in a timely manner. TGS Baltic team is very responsive, fast, competent and efficient. The firm has very knowledgeable and experienced specialists in corporate and M&A, employment, tax and other areas of law that proactively ensure utmost quality advice suited for our business needs. They are internationally very well connected. TGS Baltic is the best legal partner for development of your business locally and cross-borders.
TESTIMONIAL: The team of TGS Baltic has exceptional strategic thinking, exemplary knowledge and understanding of the relevant areas of law and our business: TGS Baltic is highly recommended for the largest and the most complicated cross-border and local commercial issues, M&A transactions and disputes.
TESTIMONIAL: TGS Baltic is a top-notch tax advisor in Latvia. The firms team consists of preeminent tax advisors and distinguished tax litigators that have very deep expertise and extensive experience. They are simply brilliant when it comes to tax advice. TGS Baltic has won a number of tax disputes thereby going straight against the statistics, according to which the tax authorities typically win. Key to their success is in-depth understanding of business, tax, and overall legal framework.
Legal Briefings
-
General overview of the Lithuanian court system
The Lithuanian court system consists of courts of general jurisdiction and specialised courts.
- Dispute resolution
- EU and competition
- IP, IT and telecoms
- Real estate and construction
Top Tier Firm Rankings
- Banking, finance and capital markets
- Commercial, corporate and M&A
- Employment
- Shipping and transport
- Tax
Firm Rankings
- Lithuania > Fintech
Top Tier Firm Rankings
- Estonia > Tax