TGS Baltic Latvia is indicated in the newest IFLR edition as a notable firm. “Name partner Ivars Grunte leads regional firm TGS Baltic in Latvia. The firm welcomed onboard no less than four new partners in early 2012 in the forms of Andra Rubene, Inese Hazenfusa, Linda Strause and Agnese Hartpenga”.
Deals mentioned in the guide are in the area of corporate practice: “on the corporate front last year provided due diligence advice to the likes of Nordic Capital Fund V and Moller's Baltic real estate and auto arms on their respective potential acquisitions. The team also assisted KPMG as the insolvency administrator of Latvijas Krājbanka”.
IFLR ranks TGS Baltic Lithuania in the second tier in banking and finance and also second tier in mergers and acquisitions practice.
The Lithuanian firm is lauded in the edition for “Having pulled in another year of impressive mandates in both the financing and corporate side. Head of banking and finance Vilius Bernatonis is recognised by peers as a ‘top rate lawyer’, with lawyers working there described as ‘competent, service-minded and hands-on’. Marius Matonis heads up the M&A team and according to one client: ‘Marius and his team is very capable and helpful in private equity transactions, not only offering high quality legal advice but is also very creative and innovative in negotiations, structuring transactions and coming up with non-standard solutions. In my view, they are one of the most experienced legal M&A and private equity teams’ ”. Other leading lawyers in the field are Eugenija Sutkiene, Vidmantas Drizga and Jonas Pilkauskas.