Privatisation

Our attorneys are aware that privatisation is a complicated process, with a need to balance business concerns and the requirements of government. The firm has built its privatisation law reputation upon its expertise in this sector developed during the post-soviet period privatisation process in Latvia, Estonia and Lithuania. The firm can assist clients with the privatisation of state companies and sale of municipal holdings of assets and real estate, including performance of all necessary legal due diligence procedures related to the proposed transaction.

Our expertise extends from practice to legislation, our attorneys having actively participated in the development of privatisation regulations.


Preparation of Bids
Post-Privatisation Restructuring
 Legal Analysis of Privatisation Terms

  • In co-operation with the investment bank, AB Finasta advising a client in the privatization of Lithuanian national air carrier, AB Lietuvos avialinijos.
  • Advising UAB Akmuva in a landmark privatization of a heating company.
  • Representing private investors in the anticipated privatization of Lattelecom. Reviewing corporate regulations, regulatory framework, privatization terms and starting litigation.
  • Providing assistance to a Dutch investor in a claim against the Government of Latvia and a local municipality arising from the municipality’s denial of the right to privatize a  plot in a prime location.
  • Advising the City of Tallinn in the privatization of Tallinna Vesi AS.
  • Advising international power and heating group, Fortum, in the privatization of power transmission networks in Estonia.
  • Representing the City of Tallinn in the transfer of its shareholding in AS Tallinna Prügila.
  • Successfully acting for a private real estate developer, OÜ RealWAY, in the largest privatization case in Estonia in recent years.
  • Advising on the privatization of foodstuff producer, Salvest.
  • Advising on the privatization of furniture producer, Wermo.