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Tark Grunte Sutkiene Latvia office successfully represents LV Asset Management AIFP before the Financial and Capital Market Commission during granting the status of a registered alternative investment fund manager and registration of the closed alternative investment fund “EverGreen Fund” with to sub-funds “EcoEnergy Subfund” and “EcoShrimp Subfund”. The fund will make investments mainly in the share capitals of companies registered in Latvia and operating in the target industries – power industry and aquaculture. TGS is represented in the project by Senior Associate Alise Eljašāne and Associate Jekaterina Anohina.
TARK GRUNTE SUTKIENE has successfully advised AB INVL Baltic Real Estate on its transformation into a licensed special closed-end type investment company. A necessary license and permits for the company were issued by the Bank of Lithuania at the end of December 2016. The Bank of Lithuania has also approved the prospectus for admission of the shares of the company to trading on the NASDAQ OMXVilnius stock exchange for their uninterrupted listing on the regulated market.
Tark Grunte Sutkiene team successfully represented UAB Senojo Bokšto Klinika in the court of first instance and in the appellate court in a dispute with Svalbono Klinika UAB, V.S. and UAB Valdimara regarding compensation for damage of over EUR 150,000 caused by actions of unfair competition.
Attorney at law and senior partner Paul Varul led the team that represented the twenty-three municipalities in the Estonian Supreme Court in the matters regarding Administrative Reform Act, stating that the reform violates the constitutional rights of municipalities in too many points.
The firm’s M&A team led by associate partner Sander Kärson advised Cybernetica in selling its navigation systems business unit, including EKTA branded products and contracts, to Carmanah Technologies Corporation.
The firm’s M&A team led by associate partner Sander Kärson advised IT company AK Systems in selling its IT services business to the largest IT and telecom company in Estonia, Telia Estonia.
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