Cobalt‘s experienced practitioners assist multinational corporations, venture capitalists, and private equity investment funds with high-value financings, transactions, restructurings, and takeovers, as well as advising on sanctions compliance. The firm has considerable experience advising on cross-border mergers and joint ventures, especially in the energy space, with mandates extending throughout the Baltics, Scandinavia, and beyond. Gatis Flinters heads up the dedicated corporate and commercial group, while Guntars Zīle oversees the M&A offering. With nearly three decades experience, managing partner Dace Silava-Tomsone provides additional strength in corporate governance and merger control issues. At the senior associate level, Diāna Zepa is noted.

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Key clients

  • Altum
  • airBaltic
  • BaltCap
  • Danone
  • Hansab
  • HKScan
  • Luminor Bank
  • Moller Baltic Import
  • Pfizer
  • Roche

Work highlights

  • Advised 888 Holding Plc, a major betting and gaming company, on the sale of its indirect shareholding in two Latvian subsidiaries, Mr Green Latvia SIA and William Hill Latvia SIA, to Nordic gaming company Paf Consulting Abp.
  • Advised energy infrastructure contractor Enersense SIA, within the structure of a joint venture with Siemens Energy Global GmbH & Co. KG, on the supply and installation of three synchronous condensers for the Latvian transmission system operator.
  • Advised investment fund BaltCap on HansaMatrix's entire takeover process, resulting in the delisting of HansaMatrix shares from the Baltic Main List of the NASDAQ Riga-regulated market.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Hall of fameCobalt
Dace Silava-Tomsone is Managing Partner and Head of Real Estate Practice Group of COBALT Latvia. One of the best known and widely recognized M&A, Competition, Real Estate and Construction Law experts in the country. During 20 years of practice she has advised many governmental institutions, local and international companies on major M&A, real estate and investment projects, as well as in intricate cartel, dominance and merger control cases.
Hall of fameCobalt
Guntars Zīle is Partner and Head of M&A Practice Group. He has more than 18 years of experience in transactional work and has represented numerous local, as well as multinational companies and PE funds (like East Capital, BaltCap, Stora Enso, Lukoil, Severstal, AXA Private Equity, Carlsberg, MISC Berhad, etc) in large scale M&A transactions. Guntars also handles patent litigation assignments and performs regulatory work for manufacturers of the pharmaceuticals and healthcare service providers. He also has extensive experience in real estate and construction law matters and currently acts as a member of the Working Group of the Ministry of Justice for the Law Reform on Divided Property Matters.
Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Cobalt
Gatis Flinters heads the Corporate & Commercial Law practice group at COBALT Latvia, advises on M&A transactions and is recognized for his particular expertise in energy and insolvency law. He brings over 15 years of field experience and has a proven record of success in large-scale investment and reconstruction projects while advising local and also foreign companies. 

Practice head

The lawyer(s) leading their teams.

Guntars Zīle, Gatis Flinters

Other key lawyers

Dace Silava-Tomsone, Diāna Zepa