21 August, 2018

Skrastiņš & Dzenis advised Kesko Senukai group in obtaining competition clearance from Latvian Competition Council

Skrastiņš & Dzenis advised Kesko Senukai group in obtaining competition clearance from Latvian Competition Council. As a result, Kesko Senukai obtained Latvian Competition Council’s approval to acquire 100% shares of one of the largest Latvian e-commerce company 1A.lv (including its e-commerce companies in Estonia and Lithuania) from Latvia based shareholders.

Kesko Senukai is Lithuania based group of companies operating in Do-It-Yourself retailing market and currently operates Senukai, KSenukai and K-Rauta chain brick and mortar stores and internet shops in Lithuania, Latvia and Estonia. In total the group operates more than 50 DIY stores in Baltic states and Belarus.

Skrastiņš & Dzenis team was led by senior partner Verners Skrastiņš and included associate Evija Ābele and senior associate Aleksandrs Kogucs. The whole project was led by Lithuanian law office Motieka & Audzevičius and included Estonian law office TARK.

Key contact Verners Skrastiņš

Dispute Resolution
Banking and Finance
Regulatory/Antitrust

Experience

Successfully advised OPTIBET in obtaining competition clearance from the Latvian Competition Council

We congratulate our client OPTIBET on its success.

Skrastiņš & Dzenis has successfully aided Vienna Insurance Group in obtaining competition clearance from Latvian Competition Council

Skrastiņš & Dzenis has successfully aided Vienna Insurance Group in obtaining competition clearance from Latvian Competition Council, thus, obtaining Latvian Competition Council’s approval to close the deal and acquire 100% shares of non-life insurance company Seesam Insurance AS (including its Latvian and Lithuanian branches) from Finnish OP Financial Group. Vienna Insurance Group is one of the largest international insurance groups in Central and Eastern Europe.

Skrastiņš & Dzenis has represented BAB FlyLAL – Lithuanian Airlines in a case of recognition and enforcement of a judgement made by a Lithuanian court.

Skrastiņš & Dzenis team represented BAB FlyLAL – Lithuanian Airlines (company under insolvency) in a case of recognition and enforcement of a judgement made by a Lithuanian court.

Court of Justice of the European Union delivers judgement in Flylal-Lithuanian Airlines AS v Riga International Airport and Air Baltic Corporation AS case

The Court of Justice of the European Union (Third Chamber) has delivered a judgement in case No C-302/13, a request for a preliminary ruling under Article 267 TFEU from the Augstākās Tiesas Senāts (Latvia).

Skrastiņš & Dzenis has successfully represented a client in a dispute against Latvian Competition Council

Skrastiņš & Dzenis team has successfully represented SIA Veiksme un K, a company involved in retail trade of household, interior, electronics, garden, and leisure goods operating under brand name Tehnoland.

Yet another little Samsung case related victory

On October 10 the Department of Administrative cases of the Supreme Court has decided to declare inadmissible the Competition Council’s application asking to renew the proceedings against one of the cartel members in so called Samsung case, which would possibly enable the competition authority to proceed with establishing our client as a legal and actual successor of the cartel participant fined back in 2009 and impose an obligation to pay the predecessor’s fines. Our law office has contributed to the outcome by several submissions to the Department of Administrative cases of the Supreme court.

Flylal vs Air Baltic: waiting for preliminary ruling to ECJ

On May 15 the Senate at the Supreme Court has delivered a decision to refer four questions to the ECJ for preliminary ruling in the case of recognition and enforcement of the judgement of Lithuanian court in Latvia where Skrastiņš & Dzenis continues to represent the former national airline of Lithuania.