Riga Office

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This content is provided by COBALT.

Managing Partners: Dace Silava-Tomsone (Latvia), Lauris Liepa (Latvia), Jaanus Mody (Estonia), Irmantas Norkus (Lithuania), Darya Zhuk (Belarus)
Number of partners: 39 in the Baltics (Latvia - 8)
Number of lawyers: 165 in the Baltics (Latvia - 40)
Languages: English, French, Italian, German, Latvian, Russian

Firm Overview:
COBALT is a closely integrated alliance of top-tier law offices across the Baltics and Belarus uniting more than 200 attorneys and lawyers. The firm’s legal professionals offer leading–edge legal solutions in all key areas of business law: banking and finance, capital markets, mergers and acquisitions, EU law, competition, dispute resolution, restructuring and bankruptcy, real estate and construction, energy and infrastructure, employment, IP, IT and regulatory, environmental law, transportation and tax.

Main Areas of Practice:

Banking & Finance:
2 partners, 7 fee earners based in Riga
■ Advised the joint lead managers on two consecutive Eurobond issuances by the Republic of Latvia, raising a funding in international markets in total amount of EUR 1.55 billion to overcome the COVID-19 crisis.
■ Advised Erste Group Bank AG and the other members of the lenders’ syndicate in respect of EUR 200,000,000 secured syndicated loan finance to Kronospan Rīga SIA.
Key Clients: airBaltic, American Express group, Credit Agricole, Danske Bank, Erste Group Bank AG, European Investment Bank, HSBC, ING Belgium NV/ SA, J.P. Morgan, Luminor Bank, SEB Bank
Contacts: Lauris Liepa, Managing Partner, Edgars Lodziņš, Specialist Counsel
Email: [email protected], [email protected]

2 partners, 2 fee earners based in Riga
■ Structured post–COVID19 state injection into Latvian national airline airBaltic for compliance with state aid rules. The investment was the largest ad hoc state aid measure taken by the Latvian government in the wake of the COVID19 crisis.
■ Advised Coffee Address Holding, a vending and office coffee service company in the Baltics in merger control process in relation to acquisition of another vending and office coffee service operator in Latvia – SIA Kafe Serviss.
Key Clients: Akzo Nobel, BaltCap, Eco Baltia Vide, K SENUKAI, Moller Baltic Import, Partnership of Latvian Construction Companies, Pfizer, Procter & Gamble, Riga International Airport, Roche, Sandoz
Contact: Uģis Zeltiņš, Partner
Email: [email protected]

6 partners, 12 fee earners based in Riga
■ Advised Latvian national airline airBaltic in relation to EUR 250 million investment in the company’s share capital by the Latvian government to help the airline overcome the consequences of the Covid-19 crisis.
■ Advising Entain in the public takeover offer for the largest iGaming operator in the Baltics Enlabs AB.
Key Clients: ABB, airBaltic, BaltCap, Entain, GlaxoSmithKline, Kartesia, Luminor Bank, Marguerite Adviser S.A, Moller Baltic Import, Neste, Pfizer, Roche, SEB Bank
Contact: Guntars Zīle, Partner
Email: [email protected]

Dispute Resolution:
3 partners, 14 fee earners based in Riga
■ Successful representation of Riga International Airport as respondent in case brought by Rixport regarding recovery of ca . EUR 25 million.
■ Representing the Parliament of the Republic of Latvia before Constitutional Court regarding the compatibility of administrative-territorial reform with the Constitution and the European Charter of Local Self-Governments.
Key Clients: Association of Latvian Performers and Producers, Central Election Commission of Latvia, Konekesko, Luminor Bank, Olympic Entertainment Group, Parliament of the Republic of Latvia, Pfizer, Riga International Airport, SEB Bank
Contact: Lauris Liepa, Managing Partner
Email: [email protected]

1 partner, 4 fee earners based in Riga
■ Employment law advice in relation to the cross-border merger of SEB Life Insurance Baltic entities. As a result of the merger SEB established a single company headquartered in Latvia with branches in Estonia and Lithuania – SEB Life and Pension Baltic SE.
■ Employment law advice to Biogen on launching its operations in Latvia and Estonia.
Key Clients: Abbott Laboratories, Cabot, Evolution Latvia, Goodyear, Hugo Boss, Johnson & Johnson, Pfizer, Prezi, Radisson, Schneider Electric, Solvay, Verifone Latvia, Volvo Truck Latvia
Contact: Toms Šulmanis, Partner
Email: [email protected]

1 partner, 3 fee earners based in Riga
■ Advised Marguerite Fund on the sale of 29.06% stake in in the unified natural gas transmission and storage operator Conexus Baltic Grid.
■ Represents Eolus in court proceedings for the approval of the environmental impact assessment of a wind farm. The wind farm is one of the largest privately financed renewable energy projects in Latvia.
Key Clients: Conexus Baltic Grid, Eolus, Latvenergo, Latvian Wind Energy Association, Latvijas Gāze, Marguerite Adviser S.A., Ministry of Economics, Neste, ORLEN Latvija
Contact: Gatis Flinters, Partner
Email: [email protected]

Intellectual Property:
3 partners, 7 fee earners based in Riga
■ Representation of Chapter 4 Corp. in disputes related to trademark SUPREME, as well as counterfeited goods cases.
■ Successfully represented Latvian Television in a unique copyright and competition dispute with All Media Latvia regarding TV format. It is the first case in Latvia in which the Supreme Court has discussed TV format as a property of its creator.
Key Clients: Abbott, AbbVie, Bayer, Biogen, Ferrero, H&M, Joom, Maus Freres, Pfizer, Public Broadcasters (Latvian Television and Latvian Radio), Roche,, Sandoz, Supreme
Contact: Indriķis Liepa, Partner
Email: [email protected]

Real Estate:
4 partners, 5 fee earners based in Riga
■ Advised EURION Fund managed by Corum Asset Management in a landmark office property acquisition in downtown Riga from Baltic RE Group.
■ Advised I Asset Management Group in relation to construction of the 3-star hotel Hampton by Hilton next to Riga International Airport.
Key Clients: AFI Europe, Corum Asset Management, Latvenergo, Lidl Latvia, Linstow, Omnium Invest, Pindstrup Latvija, Riga International Airport, Skanstes Business Center, Swietelsky AG, VPH group, Workland Group
Contact: Dace Silava-Tomsone, Managing Partner
Email: [email protected]

2 partners, 3 fee earners based in Riga
■ Tax advice to Barclays, J.P. Morgan and Societe Generale on two consecutive Eurobond issuances by the Republic of Latvia, raising a funding in international markets in total amount of EUR 1.55 billion to overcome the COVID-19 crisis.
■ Advice to Whimsical Inc, Printify, Roche, Prezi regarding implementation of Equity Incentive Plan in Latvia.
Key Clients: Abbott Laboratories, AbbVie, Hugo Boss, Lidl Latvia, Linas Agro, Linstow, MAI Insurance, Olympic Entertainment Group AS, Pfizer, Pierce, Prezi, Printify, Roche, Swietelsky AG
Contact: Sandija Novicka, Partner
Email: [email protected]