News not to be missed

Riga Regional Court has announced a favorable verdict for GEO PRO SIA in the case against Daugavpils satiksme SIA (municipal capital company) for copyright infringement and recovery of material compensation. During the legal proceedings, COBALT managed to prove that by..

The Riga Regional Court has ruled in favour of COBALT’s client, awarding the recovery of ten years of unpaid land lease payments. In this case, the court assessed the landowner’s right not only to receive land lease payment debts for..

CREDITREFORM LATVIJA SIA has completed its multi-stage reorganisation by transferring its credit information operations to Crefo Rating SIA (now CREDITREFORM Rating SIA). Additionally, its sister company B2Kapital SIA has been merged into CREDITREFORM LATVIJA SIA. Therefore, the debt recovery and..

COBALT successfully represented Resta, a private limited company providing data analysis and consulting services, in a public procurement dispute concerning the maintenance and development of the TARU reporting and statistics module, organized by the Estonian Unemployment Insurance Fund. Resta was..

COBALT banking & finance and real estate & energy teams are honoured to have assisted European Investment Bank (EIB), SEB, and Luminor in connection with making available EUR 62 million in financing to Sunly’s subsidiary Metsapäike Risti OÜ to support..

Venture Capital fund Karma Ventures successfully led the Series A funding round of WunderGraph alongside eBay’s VC arm eBay Ventures, and Aspenwood Ventures. WunderGraph, founded in 2020, is the creator of Cosmo, a widely adopted open-source GraphQL Federation solution. With..

The insurance company BALTA filed a claim against the Latvian company UNITRUCK, which specializes in truck conversions. BALTA sought damages of nearly EUR 469,000, in addition to statutory default interest, following a truck fire during the warranty period. COBALT’s client,..

COBALT advised AS LHV Pank in matters related to international sanctions, including administrative proceedings, misdemeanor proceedings, and a legal dispute with the Financial Intelligence Unit (RAB). RAB conducted a misdemeanor procedure and concluded that the bank had violated the International..