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TGS Baltic

ELIZABETES STREET 63-11, 1050 RIGA, LATVIA
Tel:
Work +371 6788 9999
Fax:
Fax +371 6788 9990
Email:
Web:
tgsbaltic.com
Riga, Tallinn, Tartu, Vilnius

Latvia

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 2

TGS Baltic

TGS Baltic ‘surpasses its rivals in terms of quality and business insight’ and acts for local and international corporations on all matters related to banking, including cross-border transactions, syndicated facility agreements, and capital markets and venture capital. Led by practice head Inese Hazenfusa and senior associate Alise Eljašāne, the firm conducted a review of ExpoBank’s financial instruments. Other matters included advising Jyske Bank on the issue of a multimillion-euro loan to finance the conversion of a ship into a bitumen tanker. The European Central Bank and the European Investment Bank are new clients.

Next generation lawyers

Alise Eljašāne - TGS Baltic

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

TGS Baltic

TGS Baltic is ‘the leading law firm in the sector, according to one client, and deals with a wide range of M&A and restructuring matters in an ‘efficient and experienced’ way. Practice head Andra Rubene, who is ‘a phenomenal practitioner’, and ‘fantastic’ senior associate Nauris Grigals have advised numerous local and international corporations, demonstrating ‘great strategic thinking and quality’. Clients include the Ministry of Economics.

Leading individuals

Andra Rubene - TGS Baltic

Next generation lawyers

Nauris Grigals - TGS Baltic

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Dispute resolution
Dispute resolution - ranked: tier 1

TGS Baltic

TGS Baltic provides a ‘professional and efficient service to its clients, which include the Latvian state and large financial institutions. Led by Agnese Hartpenga, the firm continues to represent Norvik Banka in an ongoing dispute involving the recovery of €61m in debt. Recent work for practice head Ivars Grunte includes representing Luminor in the insolvency proceedings of a debtor. Other clients include the European Central Bank.

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EU and competition
EU and competition - ranked: tier 2

TGS Baltic

TGS Baltic advises on a variety of matters, including competition and state aid compliance. Co-head Andra Rubene and the team have experience in advising clients from the energy and pharmaceutical industries, among others. Clients include Mastercard.

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Employment
Employment - ranked: tier 2

TGS Baltic

TGS Baltic offers ‘bespoke quality’ services to its clients in all employment matters. Key contact Andra Rubene, who is ‘outstanding’, advised PharmaSwiss on issues relating to the posting of employees. Senior associate Linda Štrause is advising the University of Latvia on the development of a new general staff remuneration regulation for 3,000 employees. Other clients include Volvo Truck Latvia.

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IP, IT and telecoms
IP, IT and telecoms - ranked: tier 2

TGS Baltic

TGS Baltic acts for local and multinational companies across various industry sectors, offering clients advice on a broad range of IP issues and technology licensing. Andra Rubene is a key contact at the practice, along with Nauris Grigals. The pair represented a pharmacy company in a dispute with an IT company related to the cash register software system, which was resolved through an out-of-court settlement.

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Real estate and construction
Real estate and construction - ranked: tier 2

TGS Baltic

Linda Štrause leads the practice group at TGS Baltic; she and associate partner Nauris Grigals have been advising the Ministry of Economics on real estate matters connected with the natural gas transmission and underground storage system, including evaluating potential claims from landowners. Associate Aija Kreicberga is also recommended. Other clients include leading Baltic real estate company Kapitel and the Latvian subsidiary of building materials manufacturer Cemex.

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Shipping and transport
Shipping and transport - ranked: tier 3

TGS Baltic

Ivars Grunte and Andra Rubene lead the transport team at TGS Baltic, which counts the European Investment Bank (ECB) among its longstanding clients. The firm recently advised Volvo Cars on shipment and registration issues related to its operations in Latvia. Inese Hazenfusa is also noted for her expertise in the financial aspects of deals, advising ECB on financing the purchase of multiple unit trains. The Alpha Shipping Company is a new client.

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Tax
Tax - ranked: tier 1

TGS Baltic

TGS Baltic’s tax team is led by the ‘smart and pragmatic’ Andra Rubene, with other key practitioners including Nauris Grigals and associate Rūdolfs Vilsons. The team provides clients with advice on a wide scope of matters, including tax litigation and structuring. Novaturas and Philip Morris International are among the firm's clients.

Next generation lawyers

Nauris Grigals - TGS Baltic

Rudolfs Vilsons - TGS Baltic

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