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Banking, Finance & Capital Markets, Latvia 

Introduction

Over the last decade, Latvia has experienced an unprecedented influx of finance and expansion of capital marketfs.  We have substantially expanded our legal banking and finance practice to accommodate this trend. 

Our lawyers have successfully represented high-profile clients in a number of groundbreaking business transactions, regulatory matters and litigations.  

The recent financial crisis has spurred up legislative initiative and reform throughout banking and finance sector.  Our law firm has been actively contributing to this process with regulatory proposals, legislative drafting and initiative support.  In the process, we have been able to augment the level of our already strong relationships with key regulatory authorities.

The ongoing market turmoil continues to drive restructurings and internal reorganizations within banking and finance sector as institutions seek to adjust their operating models to the realities of new regulatory framework and capitalize on new opportunities. 

Our law firm has provided instrumental advice to several top tier clients in resolving complex issues such as reshaping of bank service lines, launching of investment banking services and structuring of financial and derivative products, including liaison with financial and capital market regulators.

When you work with us, you will find yourself working with our talented banking and finance experts who know the local market, have in-depth knowledge of the banking and financial services industry and understand capital markets.  We will turn this expertise to your advantage.

Our Services

Our key services within banking, finance and capital markets practice area include:

  • Trade and acquisition finance
  • Banking
  • Debt and equity capital markets
  • Financial services and regulatory
  • Project finance
  • Real estate finance
  • Investment funds
  • Electronic banking
  • Secured lending
  • Cross-border and domestic leasing
  • Insurance-related services
  • Venture capital
  • Banking and finance litigation

Our Experience

We take pride in having represented or assisted our clients with expert advice in a number of significant banking, finance and capital markets events and transactions.  Our track record includes, among others, the following landmark events and transactions:   

Our law firm represented a leading global energy trading company and shipping fleet operator, the controlling shareholder of key Latvian publicly traded companies, in all matters arising before the Latvian Financial and Capital Markets Commission (FCMC). 

We represented a key domestic public supervisory authority in managing and coordinating its claim against former shareholders of a key domestic bank.   

We provided instrumental advice to a leading global financial services company in the development of financing structure in Latvia and across the Baltic States.

We advised one of the largest North American financial and wealth management institutions with respect to a wealth management undertaking specifically focused on Latvia. 

We advised a large domestic investment fund in the largest private equity investment in Lithuania since the country’s independence. 

We acted as a counsel to the leading global doors manufacturer in securitization of a multi-million loan facility and registration of collateral with the competent Latvian registration authorities.  

We advised the national Latvian air carrier in its cross-jurisdictional transaction for the purchase and financing of eight brand-new aircraft. 

We advised administrator in insolvency of a large Lithuanian bank on the aspects of Latvian law relevant to the bank’s assets in Latvia.

 

Māris Vainovskis

  • Senior Partner
  • +371 6728 0102
  • E-mail