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Ivars Grunte
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Ivars Grunte

Managing Partner, Member of the Baltic Board
Riga, Latvia

Best Lawyers has awarded Ivars Grunte as the Lawyer of the Year in Arbitration and Mediation (2014, Riga). Ivars Grunte is praised as “a skilled negotiator, very eloquent and diplomatic”. He is an acclaimed litigator, arbitrator and plays a central role in the practice, overseeing all of the deals. 

Practices

Industries

  • About

    Ivars Grunte is a highly recognized practitioner in dispute resolution, arbitration and corporate / commercial fields in legal directories like The European Legal 500, Chambers and Partners. Ivars is a successful negotiator and an arbitrator. Clients emphasize that Ivars is always approachable, interested and passionate about the client’s concerns.

  • Major Projects
    • 02.05.2019

      TGS Baltic squashed the damages claim of VAS Privatizācijas aģentūra against the shareholders of AS Grindeks in amount of EUR 1,903,294.80

      TGS Baltic squashed the damages claim of VAS Privatizācijas aģentūra against the shareholders of AS Grindeks in amount of EUR 1,903,294.80 allegedly caused by failure to make mandatory buy back offer in the appellate instance court.

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    • 17.05.2017

      TGS Baltic ensured legal assistance to AS DNB bank group during take-over of the pledged assets over EUR 15 million in value

      The litigation practice team of TGS Baltic rendered full spectrum legal assistance to AS DNB banka and its group companies during the insolvency proceedings of a debtor of AS DNB banka and in the related legal proceedings, resulting in partial settlement of the claims of AS DNB banka and a company of AS DNB banka group taking over the real properties pledged as the security for the issued loan over EUR 15 million in value.

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    • 13.03.2017

      Advising 20% shareholder of SIA VUDLANDE on buy-out of 80% shareholder of the company - Latvian Timber Ltd. (UK)

      TGS Baltic’s M&A team assisted 20% shareholder of SIA VUDLANDE (LV) with buy-out of 80% shareholder of the company - Latvian Timber Ltd. (UK), obtaining 100% shares of SIA VUDLANDE as the result of the transaction.

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  • CV

    Professional career

    Since 2010
    Managing Partner, law firm TGS Baltic
    2009 – 2010
    Partner, law firm Grunte & Cers
    2005 – 2009
    Senior Partner, law firm Loze, Grunte & Cers
    1992 – 2005
    Partner, law firm Grunte & Cers

    Education

    1980
    University of Latvia, Department of Law (Mag. iur.) (Dipl. iur.)

    Memberships

    Since 2010
    Supervisory board member of SOS Children's village association
    Since 2004
    Council of Bars and Law Societies of Europe, Head of Latvian Delegation
    Since 1993
    Latvian Council of Sworn Advocates
    Admitted 1981
    Latvian Bar Association
  • Publications
    • On the 25 years of operation of law office TGS Baltic in the law office business - Dienas Bizness
    • On Continuous Training and Raising of the Qualification of the Sworn Advocates - Dienas Bizness
    • On corporate anti-raiderism - Jurista Vārds
    • On M&A in Latvia in 2012 and forecasts for 2013 - Riga Now
    • On the mandatory training of lawyers - Dienas Bizness
    • On state involvement in commercial activities
    • Co-author of the book "PPP" Äripäev
    • Ivars Grunte is the lawyer of the week - Jurista Vārds
    • On further increase in M&A deal numbers in Latvia on commercially reasonable terms - RigaNOW!
    • On return of M&A activity and corporate start-ups in Latvia
    • On recovery of M&A area - RigaNOW
    • On establishment of TGS Baltic and on the legal market - Lietiska Diena/Dienas bizness
    • Manual of Contracts - Dienas Bizness