In order to improve your browsing quality, cookies are used on this site. By pressing I agree button or continuing to browse, you confirm your consent to inserting of cookies. This consent can be withdrawn at any time by changing your web browser settings and deleting cookies. For more information, please read our PRIVACY POLICY.
Deals and cases
Browse our deals and cases
Filter information in our deals and cases database
-
21.01.2019
TGS Baltic's team successfully defended Bank Snoras
TGS Baltic together with the prominent Austrian law firm Graf & Pitkowitz Rechtsanwälte successfully defended Bank Snoras before the Vienna International Arbitral Centre (VIAC) in a complex declaratory relief claim sought by another major Austrian bank. Arbitration comprised issues of applicable law, AML regulations, back-to-back loan agreements, requirements for financial institutions and difficult jurisdictional issues. After a two-year legal battle, on 21 January 2019, VIAC arbitral tribunal rendered a decision in favor of Snoras, dismissing the declaratory relief sought by the claimant. TGS Baltic was the leading counsel of the arbitration.
-
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.
-
18.01.2019
TGS Baltic advised Dutch company Factris in acquisition of UAB Debitum fori
TGS Baltic advised Dutch factoring company Factris in acquiring Lithuanian invoice financing company UAB Debitum fori. The transaction resulted in the acquisition of 100% of shares in UAB Debitum fori operating under the trade name Debifo.
More -
08.01.2019
TGS Baltic assisted Expobank CZ a.s. with financing the acquisition of the Radisson Blu Daugava Hotel by Astor Group (Latvia) from PBR Hotel (USA)
TGS Baltic assisted Expobank CZ a.s. with financing the acquisition of the shares of SIA POLAR BEK DAUGAVA (now merged into SIA LAMPL which is owned by two private individuals through SIA RHG RIGA), the owner of the Radisson Blu Daugava Hotel.
More -
06.01.2019
TGS Baltic assisted Belgian investment group Straco
TGS Baltic, working alongside Clifford Chance Belgium office, assisted Belgian investment group Straco with the acquisition of the horticulture company AS Greenyard Horticulture Latvia as a part of acquisition of the horticulture segment from Greenyard in Belgium, France, Poland, Ukraine, and Latvia.
More -
02.01.2019
TGS Baltic assisted AS Augstsprieguma tīkls with obtaining of the merger clearance by the Latvian Competition Council for potential acquisition of a decisive influence over AS Conexus Baltic Grid
According to the merger notification received by the Latvian Competition Council, since 1 January 2018, AS Augstsprieguma tīkls owns the majority of votes in the decision-making bodies of AS Conexus Baltic Grid.
More -
01.01.2019
TGS Baltic represents in court CPO LT
TGS Baltic represents in court CPO LT, as a defendant, in a dispute regarding international fuels public procurement. The estimated value of the contract (framework) – EUR 785 million.
More -
01.01.2019
TGS Baltic is a key legal advisor for Lithuanian subsidiary of GlaxoSmithKline
TGS Baltic is a key legal advisor for Lithuanian subsidiary of GlaxoSmithKline, a science-led global healthcare company. We advised Client on a Pan-Baltic level in a project related to development of internal public procurement policies, ebracing the best practices for various corporate and public procurement issues, including but not limited to protection of confidencial information, fair competition and proper participation in tender produres and etc. These policies reflected boath national regulation and case law, as well as the case law of the European Court of Justice and provisions of the EU public procurement directives.
-
01.01.2019
TGS Baltic Public Procurement practice team successfully represented a client
TGS Baltic Public Procurement practice team successfully represented a client in one of the first judicial disputes in Lithuania regarding the practical application of the supplier ‘self-cleaning’ doctrine.
More -
06.12.2018
TGS Baltic advised Šiaulių Bankas in the admission of a EUR 20 million bond issue to trading on Nasdaq Vilnius
The bonds were admitted to trading on the said regulated market at the beginning of December.
More -
03.12.2018
TGS Baltic advised Avia Solutions Group and its shareholders on delisting the company's shares from the Warsaw Stock Exchange
In addition to TGS Baltic, the company and its shareholders were also represented in this transaction by the international law firm Dentons Europe Dąbrowski i Wspólnicy sp. k.
More -
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.
More -
03.11.2018
TGS Baltic advised MCI, a major CEE private equity tech company
TGS Baltic advised MCI, a major CEE private equity tech company, in relation to the merger of Morelle, one of the largest e-retailers in Poland, and Pigu, the biggest e-retailer in the Baltics.
More -
30.10.2018
Advising Astel Group on acquiring 95% ownership in Rakvere Metsamajand
Estonian M&A team of TGS Baltic led by partner Sander Kärson advised Astel Group on acquiring 95% ownership in the oldest timber log houses manufacturer in the Baltics, Rakvere Metsamajand (acting under the trademark Nordic Timber Homes).
More -
28.10.2018
TGS Baltic represented Lithuania SME Fund in the sale of InMedica shares
TGS Baltic represented Lithuania SME Fund and Litgaja in the sale of 70% stake of InMedica chain of primary health care centres to BGSF Sanus, a company wholly owned by INVL Baltic Sea Growth Fund (a private equity fund of INVL Asset Management).
More -
16.10.2018
TGS Baltic team successfully represented UAB Versina in an arbitration dispute with Atzwanger S.P.A.
TGS Baltic team successfully represented one of the largest construction services companies in Lithuania UAB Versina in arbitration proceedings under the Rules of Arbitration of the Vilnius Court of Commercial Arbitration in disputes with the Italian subcontractor Atzwanger S.P.A. regarding additional costs incurred by the latter.
More -
05.10.2018
TGS Baltic provided legal assistance to the 51% majority shareholders of SIA S.B.C. in sale of their shares to the minority shareholder the Norwegian company Contiga Holding AS
TGS Baltic provided legal assistance to the 51% majority shareholders of one of the largest producers and largest exporter of steelwork and constructions SIA S.
More -
04.10.2018
Advising Posti on Estonian law aspects during the acquisition of Transval
TGS Baltic’s M&A team led by partner Kadri Kallas advised Posti, the leading postal and logistics service company in Finland, on Estonian contract law and employment law aspects regarding acquiring the in-house logistics company Suomen Transval Group. The transaction is subject to the approval of the Finnish Competition and Consumer Authority.
More -
04.10.2018
We prepared The Pharma Legal Handbook of the Baltics
We have prepared The Pharma Legal Handbook: Baltics, which answers essential questions about the legal and regulatory environment for pharmaceuticals in Estonia, Latvia and Lithuania.
More -
03.10.2018
TGS Baltic advised Poland investment fund and fund manager CVI regarding “unitranche” funding to “Arsenal Industrial”
Latvian construction machinery rental and trade company “Arsenal Industrial” have signed a deal for attracting 5.2 million euro bonds with the largest Central and Eastern European private debt fund manager CVI. The funding is attracted for the further growth of “Arsenal Industrial” in the Baltic and Polish markets.
More