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Cobalt Promotes Edgars Pastars to Partner and Head of Financial Regulatory Practice

Latvia
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Cobalt has promoted former Specialist Counsl Edgars Pastars to Partner in its office in Latvia. Pastars will also Head the firm's Financial Regulatory and Compliance Practice.

Pastars has been with Cobalt since early 2015. Earlier, he spent nine and a half years as a Legal Advisor to the Parliament of Latvia, a tenure during which he also spent two years as a Senior Legal Adviser to the Chancery of the President of Latvia.

Pastars' work includes advising VPH on the development of a shopping complex in Riga in 2022 (as reported by CEE Legal Matters on June 10, 2022), advising Swedbank, SEB, Luminor, and Citadele on a cooperation agreement in 2021 (as reported by CEE Legal Matters on September 14, 2021), and representing a Latvian municipality in a constitutional challenge to Pupils-per-Class Regulation in 2017 (as reported by CEE Legal Matters on July 12, 2017).

“Edgars’ exceptional energy and dedication have been instrumental in expanding our Banking & Finance practice in recent years, particularly in the crucial area of regulatory and compliance," said Partner and Head of Capital Markets and Finance Practice Edgars Lodzins. "His passion and expertise have driven significant growth, and we are thrilled to announce his promotion to Partner."

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.