Nauris Grigals

Nauris Grigals

Partner, Head of Corporate and Commercial practice group
Riga, Latvia

Nauris Grigals is "very knowledgeable and has tonnes of real-life experience" and so is "particularly strong in handling complex M&A"

  • About

    Nauris Grigals since 2009 has been practicing as a senior associate and associate partner with TGS Baltic. Since 2019 Nauris is a partner of TGS Baltic, specializing in Mergers & Acquisitions, Corporate and Commercial Law and Dispute Resolution. Expert with more than 15 years of practice. 

  • Major Projects
    • 18.06.2019

      TGS Baltic successfully represented the insolvent SIA Viesis 2

      TGS Baltic successfully represented the insolvent SIA Viesis 2 claiming EUR 1,786,655.54 damages jointly and severally from its former management board members in order to enable the company to pay the claims of its creditors.

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    • 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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    • 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.

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    • 11.09.2018

      Assisting IK Investment Partners in the acquisition of Katsastus Group’s operations

      IK Investment Partners acquired the shares of vehicle inspection companies A-Ülevaatus OÜ in Estonia, SIA Scantest in Latvia, A-Katsastus AB in Sweden and Autotest Polska Sp. Z o.o. in Poland (“the Group”) from A-Katsastus Group Oy, one of the leading European companies providing vehicle inspection, trade-in inspection and registration services.

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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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    • Represented a shareholder of a large pharmaceutical production company

      Represented a shareholder of a large pharmaceutical production company in a dispute with the Financial and Capital Market Commission in relation to a mandatory takeover bid. Advised SEB in connection with the acquisition by Laurus Properties of the real estate portfolio (EUR 103 million) and regarding a long-term syndicated loan to Linstow group (EUR 76 million).

    • Advised FCC, Hochtief and ACB

      Advised FCC, Hochtief and ACB in relation to an infrastructure development project in Riga International Airport (EUR 79 million).

    • Represented DNB bank

      Represented DNB bank in the insolvency proceedings and complicated disputes with the debtors and related parties in respect of the debt (MEUR 20) recovery.

    • Advised the European Central Bank in litigation with respect to revocation of the license of ABLV.lv (EUR 3.85 billion) and Trasta Komercbanka (EUR 432 million)

  • CV

    Professional career

    Since 2019
    Partner, law firm TGS Baltic
    2018 – 2019
    Associate Partner, law firm TGS Baltic
    2009 – 2018
    Senior Associate, law firm TGS Baltic
    2008 – 2009
    Owner of an individual practice
    2005 – 2007
    Associate, law firm VISA VĒRTE
    2004 – 2005
    Judge Assistant, Administrative District Court

    Education

    2007
    University of Latvia, Department of Law, Master of Law

    Membership

    2006
    Latvian Bar Association
  • Publications
    • The Latvian Real Estate Market - Legal Challenges and Perspectives - CEE Legal Matters, April 2016
    • Nauris Grigals and Madara Melkerte on the insolvency of a legal entity - Dienas Bizness, Saldo, July 2013
    • Nauris Grigals comments on the possible extension of the notary function - Dienas Bizness, January 2013
    • Nauris Grigals on settlement process of commercial dispute - Dienas Bizness, May 2012
    • Nauris Grigals on the initiated insolvency process of Baltijas aviācijas sistemas - Dienas Bizness, March 2012
    • Nauris Grigals on possible out of court legal protection proceedings institute exclusion from the Insolvency Law - Dienas Bizness, February 2012
    • Nauris Grigals on payment of debt of the previous tenant or owner - Dienas Bizness, January 2012
    • Nauris Grigals on possible solutions how to shorten administrative court proceedings - Dienas Bizness, January 2012
    • Linda Strause and Nauris Grigals on Real Estate Law in Latvia - The International Comparative Legal Guide to: Real Estate 2011, March 2011