WALLESS > Riga, Latvia > Firm Profile
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WALLESS > The Legal 500 Rankings
Latvia > Commercial, corporate and M&A Tier 1
WALLESS fields an experienced and agile team which advises a diverse set of alternative investment funds, commercial banks, and major corporations. In addition to M&As and divestments, the team has considerable experience handling ownership structuring, joint ventures, and state aid compliance issues, across sectors ranging from energy to real estate. The team is led by a trio comprising corporate expert Zane Eglīte-Fogele; Sintija Radionova, who brings banking and finance expertise to the group; and Aivars Lošmanis, who is experienced in both the transactional and disputes spaces. Corporate real estate expert Kristīne Gaigule Šāvēja is another key contact.Practice head(s):
Zane Eglīte-Fogele; Sintija Radionova; Aivars Lošmanis
Other key lawyers:
Kristīne Gaigule-Šāvēja; Andis Ozoliņš
Key clients
Šiaulių Bankas
Capitalica Asset Management UAB
CleanR Grupa AS
Eco Baltia vide SIA
Creators of the Outside World (CROWD)
Edge Autonomy Riga, SIA
Baltic Horizon
Frendy OU
Lumi Capital group companies
Novira capital group companies
Depo DIY SIA group companies
ZGI Capital
Newsec LV
Ignitis
Latvenergo
Lesjöfors AB
Work highlights
- Advised Šiaulių Bankas on the merger of the bank’s retail businesses.
- Advised ECO Baltia on the acquisition of three companies and a further restructuring.
- Advised Lumi Capital on the acquisition of Indi business centre in a share deal.
Latvia > Dispute resolution Tier 2
Pan-Baltic firm WALLESS remains active in the region’s major litigations and arbitrations. The firm has recently seen key mandates in the construction, transportation and banking spaces. The team is also well versed in debt recovery claims, as well as disputes pertaining to insurance. Practice head Aivars Lošmanis has experience in commercial and civil disputes. Konstantīns Teļakovs is particularly skilled in insurance and liability disputes, and has further expertise in banking and finance, tax, and compliance cases. Zane Bormane is also noted for her work in employment-related disputes, as well as those with a nexus to IT and technology. In early 2024, the practice expanded following the recruitment of Sandis Bertaitis' team from FORT.Practice head(s):
Aivars Lošmanis
Other key lawyers:
Konstantīns Teļakovs; Zane Bormane; Sandis Bertaitis; Arturs Caics; Mara Bertaite; Laura Baumane
Testimonials
‘Their team is always dedicated to finding a solution which will work for your company’s issues. I think that they are an excellent team with a strong core and valuable experts, but they are also innovative and think more about the client’s needs.’
Key clients
Luminor Bank AS Latvijas filiāle
Edge Autonomy Riga, SIA
Latvia > EU and competition Tier 2
WALLESS’ competition and regulatory team assists with the competition law aspects of mergers and acquisitions, as well as public procurement and tender processes. Clients comprise major banks, corporations, developers and manufacturers. The practice is headed up by Andis Ozoliņš, who has experience spanning EU and state aid matters. Head of real estate, construction and public procurement Kristīne Gaigule Šāvēja is also a key contact for cross-border public procurement matters. Zane Eglīte-Fogele is also recommended.Practice head(s):
Andis Ozoliņš
Other key lawyers:
Testimonials
‘Small but capable law firm.’
‘Very experienced professionals.’
‘Zane Eglīte-Fogele: super professional in M&A and competition, responsive and experienced.’
Key clients
Eco Baltia vide SIA
Šiaulių bankas AB
Siemens Mobility Oy
Consortium “BERERIX”
Škoda Vagonka A.S.
Škoda Transportation
TAV Airport group companies
Edge autonomy
Work highlights
- Advising Šiaulių bankas AB on the competition law aspects of a merger.
- Advising major Baltic waste management group company Eco Baltia vide SIA on merger notification and competition law compliance issues.
- Advised Škoda Vagonka on public procurement issues concerning the supply of 32 electric trains and related EU law matters.
Latvia > Real estate and construction Tier 2
WALLESS provides clients with full-cycle services ranging from initial land use and contract negotiations, financings, and tax structuring, to the acquisition of large shopping centres and office buildings. Recently, the firm has also seen large mandates in the transportation and energy sectors. With over 20 years of real estate and construction experience, practice head Kristīne Gaigule-Šāvēja handles large-scale transactions, as well as advising on issues concerning landlord-tenant relations, and restructurings. Andis Ozoliņš is noted for his lease work. At the associate level, Sanda Meinarte and Zane Jekimova are recommended.Practice head(s):
Kristīne Gaigule-Šāvēja
Other key lawyers:
Testimonials
‘Kristīne Gaigule-Šāvēja always find the most efficient solutions for the clients.’
‘A modern and dynamic Baltic law firm.’
Key clients
Consortium “BERERIX” (general partnership with 3 members: N.V. BESIX S.A., a company of BESIX Group, Rizzani de Echer, and RERE BŪVE, SIA)
Siemens group company
Bonava Latvija SIA
CCC SHOES LATVIA SIA
INDEXO AIFP SIA
SIA Place 11
Lumi Capital group
Capitalica Asset Management UAB
A.C.B. AS
Marijas 2 SIA
CSK Steel SIA
Work highlights
- Advised Lumi Capital group company on the acquisition of Indi business centre.
- Advised Marijas 2 SIA on the construction of the Novira Plaza office building in Riga city centre.
- Advised SIA BH Galerija Centrs on setting up a food court with ten restaurants and a bar in the old town of Riga.
Latvia > Shipping and transport Tier 2
With clients based across the Baltics and Europe, WALLESS is particularly active in the aviation, automotive and rail sectors. The practice has considerable expertise assisting clients with large public procurements, alongside day-to-day regulatory and contractual matters. Sintija Radionova and Kristīne Gaigule-Šāvēja jointly lead the team; the former has significant disputes expertise, while the latter is noted for her public procurement, real estate and construction knowledge. Competition is a focus for senior associate Andis Ozoliņš, while GDPR and regulatory matters are often handled by associate Zane Bormane.Practice head(s):
Kristīne Gaigule-Šāvēja; Sintija Radionova
Other key lawyers:
Key clients
Škoda Vagonka A.S.
Škoda Transportation
ŠKODA ELECTRIC a.s
Consortium “BERERIX”
SIA Havas Latvia
TAV Airport group companies
Alpha Shipping Company SIA
Siemens Mobility Oy
Modus Group companies – Baltijas Sporta Auto SIA
AmberStone Group
L-EKSPRESIS SIA
TILTS SIA
EDGE AUTONOMY Riga, SIA
A.C.B. AS
Work highlights
- Advised Škoda Vagonka A.S. on the fulfilment of a public procurement contract for the supply of 32 electric trains.
- Advised Siemens Mobility Oy on railway infrastructure procurement.
- Advising the TAV Airport Group companies on operations in Riga International Airport.
Latvia > Tax Tier 2
WALLESS excels in cross-border corporate tax structuring and transactions, with further proficiencies encompassing employment and disputes. The team has been particularly active in the energy, real estate, transportation, and the environmental and waste management sectors, to name a few. Described by one client as an ‘experienced, creative professional’, Ingūna Ābele heads up the practice. She has broad experience, with notable specialisms in corporate tax matters involving mergers, acquisitions, and debt exchanges, alongside disputes with tax authorities. Senior associate Tatjana Sinkeviča, who has previous in-house experience with the State Revenue Service, is noted for her expertise on VAT and customs issues.Practice head(s):
Ingūna Ābele
Other key lawyers:
Tatjana Sinkeviča; Kristers Zālītis
Testimonials
‘Small but capable.’
‘Creative team.’
‘Ingūna Ābele – experienced, creative professional.’
Key clients
Siemens group companies
CCC S.A.
CleanR Grupa AS
Eco Baltia vide SIA
PayRay, UAB
Mandatum Life Insurance Company Limited
Pipelife Latvia SIA
Capitalica Asset Management UAB
Lumi Capital
Depo DIY group
TAV Airport group companies
E. Gulbja Laboratorija SIA
LPB AS
Work highlights
- Advised CleanR Group on the tax implications of its restructuring.
- Advised Mandatum Life Insurance Company Limited on Pan-Baltic tax matters regarding a business transfer.
- Advised Eco Baltia vide SIA on tax issues relating to the acquisition and restructuring of three target companies.
Latvia > Banking, finance and capital markets Tier 3
WALLESS‘ ‘kind, qualified and responsive’ practice is regularly involved in acquisition financings, refinancings and regulatory matters for a range of foreign and domestic investors, spanning banks, consumer lending groups, and corporates. The team has experience covering a large spread of sectors including energy, real estate and fintech. Sintija Radionova acts as co-head alongside corporate expert Zane Eglīte-Fogele. In recent years, the team has seen considerable growth with the notable additions of Aivars Lošmanis from VILGERTS in December 2022, and Valters Diure from Ellex in October 2023.Practice head(s):
Sintija Radionova; Zane Eglīte-Fogele
Other key lawyers:
Aivars Lošmanis; Valters Diure; Konstantīns Teļakovs
Testimonials
‘Very kind, qualified and responsive. Always can rely on professional and prompt assistance in the banking and finance field. They have big experience in representing and solving complicated banking cases.’
‘Sintija Radionova has an individual approach to us as a client, and always tries to find solutions for our problems, by attracting other team members on short notice.’
Key clients
Šiaulių Bankas
Luminor Bank AS Latvijas filiāle
4finance, AS
PayRay, UAB
Latvenergo
BNP Paribas Emissions- und Handelsgesellschaft mbH
NC K2C
Creators of the Outside World (CROWD)
Lumi Capital group companies
Work highlights
- Advised Šiaulių Bankas on regulatory matters relating to the merger of the bank’s retail business.
- Advised Lumi Capital group companies on acquisition financing for the purchase of two supermarkets in Riga.
- Representing Luminor Bank in litigations on a regular basis.
Latvia > Employment Tier 3
WALLESS handles a range of employment matters, from advising on employment relations and regulatory compliance issues, to representing clients in cases relating to termination policies, to assisting with issues relating to data privacy and trade secrets. Practice head Sintija Radionova has extensive dispute resolution experience. Associate Ieva Gaile is another notable contact.Practice head(s):
Sintija Radionova
Other key lawyers:
Key clients
Edge Autonomy
BE Group OÜ filiāle Latvijā
Havas Latvia, SIA
Tele 2, SIA
Taylor Wessing LP and its client Juro Online Limited
Nuvalo Latvia SIA
CSK Steel SIA
Sapiens Software Solutions SIA
Vistra International
Bioreactors.net
Work highlights
- Advising Edge Autonomy on the legal implications of an occupational accident.
- Advising Juro Online Limited on a range of employment matters.
- Advising Vistra International on day-to-day employment matters.
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Igors Dambrāns | Senior Associate | View Profile | |
Valters Diure | Associate Partner | View Profile | |
Zane Eglīte-Fogele | Partner | View Profile | |
Kristīne Gaigule-Šāvēja | Managing Partner of Latvia | View Profile | |
Ieva Gaile | Associate | View Profile | |
Zane Jekimova | Senior Associate | View Profile | |
Renata Kleine | Associate | View Profile | |
Baiba Krieviņa-Sutora | Senior Associate | View Profile | |
Dr iur Aivars Lošmanis | Associate Partner | View Profile | |
Sanda Meinarte | Senior Associate | View Profile | |
Andis Ozoliņš | Associate Partner | View Profile | |
Sintija Radionova | Partner | View Profile | |
Terēze Rūdule | View Profile | ||
Tatjana Sinkeviča | Senior Associate | View Profile | |
Konstantīns Teļakovs | Associate Partner | View Profile | |
Laura Tumiņa | Senior Associate | View Profile | |
Sigita Vāce-Vecvagare | Senior Associate | View Profile | |
Kristers Zālītis | Senior Associate | View Profile | |
Ingūna Ābele | Lead of Tax Practice in Latvia | View Profile | |
Kristīna Ļipicka | Associate | View Profile |
- Commercial, corporate and M&A