TGS Baltic

Dr. iur. Zane Sedlova appointed as an associate partner of TGS Baltic

Starting from February 12, 2024, the attorney-at-law Dr.iur Zane Sedlova becomes an Associate Partner. In addition to her practice in the Litigation Practice Group, her area of responsibility will be the training of junior lawyers and legal assistants.

Kirsti Pent joins TGS Baltic as a Partner, Sander Kärson promoted to Managing Partner in Estonia

TGS Baltic strengthens its partnership by a new addition – Kirsti Pent, a renown and highly ranked expert in financial law is joining as a partner and Head of the Banking & Finance practice group.

TGS Baltic advised a producer of precast concrete products AS Framm on the acquisition of AS Lasbet

With the help of TGS Baltic team, a producer of concrete elements and products AS Framm entered into a transaction by which it acquired an undertaking operating in the same field AS Lasbet Tootmine, making AS Framm the largest producer of concrete elements and products in Estonia.

TGS Baltic advised the Ministry of Economics on acquisition of 16,05% of AS Conexus Baltic Grid.

TGS Baltic advised the Ministry of Economics on acquisition of 16,05% of the shares of the natural gas transmission and storage system operator AS Conexus Baltic Grid by the Latvian electricity transmission system operator AS Augstsprieguma tīkls from SIA ITERA Latvija.

TGS Baltic advised the Ministry of Economics on the acquisition of AS Conexus Baltic Grid shares

Advised the Ministry of Economics on the acquisition of 18.31% of the shares of the natural gas transmission and storage system operator AS Conexus Baltic Grid by the Latvian electricity transmission system operator AS Augstsprieguma tīkls from the German energy company Uniper Ruhrgas International.

TGS Baltic provided legal assistance to the Expobank AS

TGS Baltic rendered legal assistance in the procedure of introduction of Financial Instrument Market Directive 2014/65/EU (MiFID II) in the operations of Expobank AS. The purpose of the new regulation of MiFID II in the investment service area is to facilitate the protection of investor’s interests.

Ensured legal assistance to AS DNB bank group during take-over of the pledged assets over MEUR 15

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.

Provided legal assistance to the University of Latvia regarding the 30 MEUR investment contract

The European Investment Bank (EIB) has provided a loan of up to 30 MEUR to the University of Latvia (UL) for the further development of its new campus (the “Academic Centre” in Riga, Torņakalns), in particular for the construction of state-of-the-art research and study facilities.

Assisted HAVI Global Logistics GmbH with buy-out of the minority shareholder of HAVI Logistics SIA

TGS Baltic assisted with reviewing and drafting of the SPA, updating of the shareholder register, organising and ensuring of signing and registration of the transfer of title to the shares of SIA Havi Logistics from the minority shareholder to the majority shareholder Havi Global Logistics GmbH.

TGS Baltic assisted BENU Aptieka Latvija with acquisition of 100% share

Andra Rubene and Rūdolfs Vilsons assisted BENU Aptieka Latvija SIA, one of the leading retail of medicines chains in the Baltics, with acquisition of 100% shares SIA Cēsu Vecpilsētas Aptieka from a number of private persons, thereby expanding Benu network of more than 66 pharmacies in Latvia.

Assisted Clear Channel International BV with organising of the due diligence process

TGS Baltic assisted Clear Channel International BV with organising of the due diligence process of Clear Channel subsidiaries in Baltics for the banks for the purposes of the private offering USD 125 million and issuing of USD 150 million in aggregate principal amount of 8.75% senior notes due 2020.