Deals and cases

Deals and cases

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  • 26.11.2021

    TGS Baltic assisted Green Gateway Fund L.P. / Wermuth Asset Management GmbH with its exit from the producer of concrete floors and foundations for industrial objects Primekss group in which the fund had made a capital investment and provided financing in 2014.

    TGS Baltic assisted Green Gateway Fund L.P. / Wermuth Asset Management GmbH with exit from Primekss Group, the producer of concrete floors for buildings, logistics centres, shopping malls, DIY stores and foundations of buildings, in which the fund had made a capital investment and provided financing in the amount of EUR 10 million in 2014. 

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  • 01.07.2021

    TGS Baltic's senior associates Martti Peetsalu and Silvia Urgas scored an important victory for the Estonian pharmaceutical company AS KEVELT in the Supreme Court.

    On 16 June 2021, the Supreme Court ruled in favour of AS KEVELT, a customer of TGS Baltic, holding that a consignor of temperature-sensitive goods such as medicines may assume that the carrier of the goods has a proper action plan for refrigeration equipment failure.

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  • 31.05.2021

    TGS Baltic successfully represented LTG Infra in a litigation case concerning construction delay in the Rail Baltica project

    We advised LTG Infra, a subsidiary of Lietuvos Geležinkeliai, the largest railway group in the Baltic States, in a dispute between LTG Infra and the consortium of the German capital Estonian company Leonhard Weiss RTE, Hidrostatyba and Autokausta over a delay in the implementation of EUR 54.8 million contract on railway construction from Kaunas to Palemonas, signed in June 2018.

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  • 04.02.2021

    TGS Baltic assisted with the merger of modern and functional warehousing and logistics park SIA Olaines Logistics Parks into the holding company SIA Olaines Logistics.

    TGS Baltic assisted with the merger of a modern and functional warehousing and logistics park SIA Olaines Logistics Parks into the holding company SIA Olaines Logistics owned by United Partners Property OÜ via UPP Olaines OÜ.

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  • 02.02.2021

    TGS Baltic assisted with the cross-border merger of Balti Realiseerimiskeskus and BR Merger into BRC.

    TGS Baltic assisted with the cross-border merger of Balti Realiseerimiskeskus OÜ and BR Merger OÜ into SIA BRC.

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  • 14.12.2020

    TGS Baltic successfully advised LTG Infra, a company of the Lithuanian Railways Group

    We represented LTG Infra, a subsidiary of the largest railways group Lietuvos Geležinkeliai (Lithuanian Railways) in the Baltic States, in a construction dispute regarding compensation of damages allegedly incurred by one the client’s contractors.

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  • 07.12.2020

    TGS Baltic successfully represented Lithuanian shipping company against two Dutch sister companies

    TGS Baltic together with Dutch law firm NautaDutilh successfully represented Lithuanian shipping company in complex and high value contractual disputes against two Dutch sister companies in parallel proceedings administered by UNUM Transport Arbitration & Mediation Institute in the Netherlands and Vilnius Court of Commercial Arbitration in Lithuania.

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  • 19.11.2020

    TGS Baltic successfully represented VĮ Lietuvos oro uostai

    TGS Baltic successfully represented VĮ Lietuvos oro uostai in a dispute with Active Construction Management BUAB (former UAB Irdaiva) over major repairs carried out in Vilnius Airport.

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  • 05.07.2020

    TGS Baltic have successfully defended interests of Lietuvos geležinkeliai in a case of almost EUR 0.8 million

    TGS Baltic represented Lietuvos geležinkeliai and won in civil proceedings against  German insurance company Lampe & Schwartze. The German company claimed to award of almost EUR 0.8 million for preservation of a cargo ship “Venta” from its former owner Lietuvos jūrų laivininkystė (LJL). As a cargo ship was pledged to Lietuvos geležinkeliai, after LJL filed for bankruptcy, the German company claimed payment of the debt from Lietuvos geležinkeliai.

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  • 14.04.2020

    TGS Baltic provides support in the transaction for the supply of surgical face masks from the People's Republic of China

    On 9 April 2020, a flight with the first cargo delivering one million surgical face masks arrived in Latvia. A total of 2 million surgical masks will be delivered to Latvia. 

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  • 10.03.2020

    TGS Baltic assisted Rabobank in relation to a financing transaction in Latvia

    TGS Baltic advised Coöperatieve Rabobank U.A. in relation to a financing transaction and creation of appropriate security in Latvia.  The financing was provided to a Latvian company engaged in fishing -  SIA Batterfiša with Dutch origin, for the purposes of refinancing existing liabilities and working capital needs.

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  • 28.06.2019

    TGS Baltic advises Amber Grid

    TGS Baltic is advising Amber Grid AB (the client) regarding commercial and public procurement law issues for one of the key public procurements (steel pipes) of the GIPL project, including the evaluation of participants' applications and tenders and the drafting of related documents.

     

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  • 22.05.2019

    TGS Baltic advised Hotsplots GmbH

    During the last year TGS became a trusted advisor to Hotsplots GmbH, Germany-based provider of professional Wi-Fi solutions for customers in the whole Europe. Hotsplots seeks to expand their activities in the Baltic region, so they relied on TGS regulatory and data protection advice. TGS was also contracted to provide semi-annual updates on regulatory developments in the electronic communications sector.

  • 15.05.2019

    TGS Baltic advised VPA Logistics

    TGS Baltic advised the client on the matters related to employees’ representation system after a branch of the industrial trade union was established in the company. Our advice included the provision of a proposal on how to help the staff of the company to decide on the representation model (establishment of the work council v. trade union). 

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  • 13.05.2019

    TGS Baltic represents the interests of AB Lietuvos geležinkeliai against AB Kauno tiltai, Trakcja S.A.

    TGS Baltic represents the interests of AB Lietuvos geležinkeliai against AB Kauno tiltai, Trakcja S.A. and other claimants.

     

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  • 13.05.2019

    TGS Baltic represents AB Lietuvos geležinkeliai against German insurance company Lampe & Schwartze K. G.

    G. Lampe & Schwartze K. G. filed an action for damages and invalidation of transactions, requesting to order the national shipping company, AB Lietuvos jūrų laivininkystė, that provided maritime cargo water transportation services, and AB Lietuvos geležinkeliai to pay damages jointly and severally in accordance with the agreement concluded by and between Lampe & Schwartze K. G. and AB Lietuvos jūrų laivininkystė.

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  • 13.05.2019

    TGS Baltic continues advising largest Lithuanian postal services provider AB Lietuvos paštas

    TGS Baltic continues advising the largest Lithuanian postal services provider AB Lietuvos paštas in the Competition Council’s investigation related to the allegations that Lietuvos paštas abused its dominant position. The investigation is coming to an end and TGS Baltic's Competition team is devoting all its efforts to reach a positive outcome for the client.

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  • 04.02.2019

    Representing SOE Port of Tallinn against its former directors

    Representing SOE Port of Tallinn and its subsidiary TS Laevad against its former directors – Ain Kaljurand and Allan Kiil – who were detained in 2015, in one of the most high-profile criminal cases in recent years. The former directors are charged with large-scale corruption and money laundering. The firm represents clients concerning the clients’ civil claim against its former directors.

  • 21.01.2019

    Representing Credit Suisse AG in a forced sale of the vessel

    Representing Swiss multinational investment bank and financial services company Credit Suisse AG in a cross-border dispute over the arrest and forced sale procedure of the vessel belonging to one of Palmali group of companies. Favourable outcomes to enforce the mortgage under the European Enforcement Order (EEO) rules have been reached at every stage.

  • 04.11.2018

    TGS Baltic has advised Lithuanian Airports

    Government of Lithuania has started a reform of state enterprise due to which Lithuanian Airports is undergoing a transformation of the legal form of state enterprise to public limited liability company. Reform was started under recommendations of OECD. TGS Baltic has advised Lithuanian Airports on all legal issues related to the transformation.

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