Cobalt is advising Roche Latvija on the reconstruction of Roche's historic headquarters in Riga, as well as on an agreement with Italian contractor Novatek to level the building.
Cobalt has advised the shareholders of the TMB Group on the sale of its Finnish and Latvian operations to the Consolis Group, a European supplier of precast concrete solutions, acting through is Finnish entity, Parma Oy. Ellex Raidla, acting with Finland's Krogerus and Sweden's Setterwalls law firms, advised the buyers.
There is ongoing litigation between the Moller Mobility group companies in Latvia (importers and dealers of VW cars in the country) and Latvia’s Competition Council involving a EUR 7.4 million fine imposed on the companies for an alleged cartel agreement. This is the highest fine ever imposed in Latvia for breach of competition law on one group of companies.
This year, the DIS Baltic Arbitration Days in Riga, Latvia will be held for the 8th time since the year of 2012. The conference takes place on Thursday 13 and Friday 14 June 2019 at the Stockholm School of Economics.