Deals & Awards

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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.

05 / 17

Advising shareholders of AS Interbaltija AG on buy out of a minority shareholder (SIA Wine Holding) and subsequent sale of 100% shares of AS Interbaltija AG to Amber Beverage Group

TGS Baltic M&A team provided full scope legal assistance to the majority shareholders of AS Interbaltija AG (Laimonis Kravalis and Daiga Grigale) in relation to acquisition of the shares of the company from a minority shareholder SIA Wine Holding thereby acquiring 100% stake in the company.

04 / 17

Representing Kemotex Finance on obtaining a licence from the Financial Supervision Authority

The firm’s banking and finance team represented Kemotex Finance in obtaining creditor and mortgage creditor authorisation in the Financial Supervision Authority.

03 / 17

Advising EstateGuru in the investment by Helmes

The firm’s M&A team led by Associate Partner Kadri Kallas advised real estate crowdfunding platform EstateGuru in the transaction whereby Helmes, one of the leading software developers in Estonia, acquired 4% of the company’s shares.

03 / 17

E. Sutkienė awarded as the European Managing Partner of the Year

On 16 March, in London, Eugenija Sutkienė was awarded as the European Managing Partner of the Year in The Lawyer European Awards 2017. E. Sutkienė is the Managing Partner of TGS Baltic, a leading law firm in the Baltics, and has worked in commercial law for over 30 years.

03 / 17

Advising Estonian company 1Home Group AS on acquiring of a student hotel in Latvia and obtaining EUR 8.4 million financing from AS DNB banka

TGS Baltic’s M&A and litigation teams assisted Estonian company 1Home Group AS with acquisition and commencement of management of a student hotel at Lauvas 2, Riga, Latvia, that borrowed a loan of EUR 8.4 million from AS DNB banka for expansion of the business of rental housing for students in the Baltics and Poland.