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Primus Derling Assists ALD Automotive with Consumer Car Rental Product Development

Primus Derling Assists ALD Automotive with Consumer Car Rental Product Development

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Primus Derling has assisted ALD Automotive, SIA with the development of a new consumer car rental product.

ALD Automotive is a Latvian fleet management and operational car leasing company of the Societe Generale group. Its companies operate in 43 countries. 

According to Primus Derling, “the complexity of the assignment consisted in creating an optimal product for the company and consumers alike while ensuring full compliance with the legal requirements governing consumer credit agreements. Consumer protection laws provide for a detailed and complex framework of the rights and obligations of providers of consumer credit along with various exemptions.”

The Primus Derling team included partner Kristine Gaigule-Saveja and Senior Associate Andis Ozolins.

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. 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 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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

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