Banking and Finance, Insurance

Our lawyers are leading specialists in the banking and finance area in Latvia. Grunte & Cers has extensive experience in project finance, secured financing, acquisition finance, syndicated loans, bond issues and loan restructuring. We have provided legal advice on matters of Latvian law to local and international clients, and local banks in relation to extending and/or restructuring international and local financing facilities.
We also have advised a number of Latvian and international banks and financial institutions on various regulatory matters, including the set up and acquisition of banking businesses, customer contracts and supervisory issues.
Our banking and finance lawyers are also active in handling insurance matters. We have advised clients on cross-border services, insurance brokerage, and handled insurance disputes.
Lately we have advised credit institutions in relation to the fulfilment of liabilities by distressed debtors, their restructuring and collection, both by giving legal advice in specific cases and reporting on regulations provided by Latvian laws.

Legal 500 ranks Grunte & Cers highly in Banking and Finance:
 
  • Grunte & Cers is ‘responsive to international clients, understanding their needs and expectations’. Ivars Grunte and Gundars Cers are particularly recommended for complex corporate restructuring of financial institutions. The firm’s associates Andra Rubene and Inese Hazenfusa are also praised for ‘professionalism and accuracy’.

Chambers & Partners about Grunte & Cers:

  • Bank & Finance - “Clients consistently report positive experiences with this domestic firm. A noted player in the local market, the well-connected group receives a steady flow of instructions from across the sector. “This is a solid team with substantial resources,” clients say. Gundars Cers is the main contact.”

Best Lawyers 2008-2009:

  • Gundars Cers – has been listed in Best Lawyers since 2008 (Banking and Finance Law)

Practical Law Company:

  • Grunte & Cers, Latvia: Recommended in Banking and Finance

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