Our news
What you should know about State Aid Nowadays, Start-ups are becoming increasingly popular as a way of implementing innovative business ideas. As borders are almost non-existent in the business enviroment since the international element plays an important role, it is highly important to choose the most suitable country for...
Read moreBranches and representative offices of foreign entities must reveal their true beneficiaries | LEADELL Academy
05.08.2020 LEADELLWhen the requirement to register beneficial owners comes into force? As of 1 July 2020, branches and representative offices of foreign entities registered in Latvia are obliged to register information on their beneficial owners. This obligation follows from the amendments to the Law on the Prevention of Money Laundering and Terrorist and...
Read moreExperts in financial and corporate law In the latest edition of 2020, IFLR1000, the world’s leading guide to financial firms, has recognised LEADELL as experts on financial and corporate law. Customer feedback The principle of research in such independent evaluators is mainly based on customer survey and reporting,...
Read more“Mandatory disclosure of true beneficiaries in the Baltic States – terms, procedures, problems” REGULATION OF THE TRUE BENEFICIARIES The legal requirements related to prevention of money laundering and terrorist financing are growing. As a result, companies and their management face problems and high requirements implementing legislation. The European Parliament and...
Read more“LEADELL” law firm’s international Legal Alliance TAGLaw named “Elite” by Chambers & Partners
07.03.2019 LEADELL“LEADELL Fogels & Vitols” law firm’s international legal alliance, TAGLaw, has again been recognized by Chambers & Partners as “Elite” for 2019—the highest ranking awarded to legal networks and alliances. This is the sixth time TAGLaw has received the distinguished “Elite” designation. “In addition to being honored to author...
Read moreMinimum wage in Baltic states and other important things to know about the construction industry
11.07.2018 LEADELLOn May 10, 2018, the signing of the General Agreement (General Agreement) on the establishment of the minimum wage in the construction industry in Latvia was started. For now more than 210 construction companies with total turnover of ~90% of the necessary quorum (EUR 713 million) for the conclusion...
Read moreOn 26 February 2018 the shareholders of ABLV Bank, AS took a decision about self-liquidation of the credit institution and the decision of the Financial and Capital Market Commission of 12 June 2018 allowed to implement the process of self-liquidation. In case of liquidation of a credit institution, it is important...
Read moreWe have just received a feedback from our client “Achema Group” about the case that has recently been closed where transfer of UAB “Litagra” trading business and grain elevator network in Lithuania and Latvia has been made to the “Achema Group”. Transaction amount – more than EUR 25 million which...
Read moreWe have just received a feedback from our client “Achema Group” about the case that has recently been closed where transfer of UAB “Litagra” trading business and grain elevator network in Lithuania and Latvia has been made to the “Achema Group”. “The legal due diligence in Litagra’s buying case was...
Read moreWe are delighted to announce that Ilze Jankeviča is appointed a LEADELL Fogels & Vītols partner and head of Banking and Finance practice group in Latvia. Ilze joined the Law Office in 2011 and proved herself as a strong professional, reliable and passionate colleague. “I would like to emphasize...
Read moreCategories
Subscribe to Leadell's Newsletter
