Senior Partner

Aivis Dzenis

Head of Corporate and M&A practice

About

Experience

Being versatile and many-sided practitioner, Aivis advises clients in the field of Commercial law, Law of obligations, manages and structures M&A deals as well as supervises the work of associates. Aivis has extensive experience in providing legal support in major transactions and investment projects, performing legal due diligence, negotiating acquisition agreements and shareholders agreements.

He has a wide range experience assisting the clients in complicated legal situations involving creative approach, being it structuring of M&A deal, handling difficult negotiations or advising on restructuring of a company.

Industries

Agriculture
Manufacturing
Retail and Consumer
Financial services
Leisure and Entertainment
Energy and Infrastructure
Real estate and Construction
Aviation

Education

University of Latvia, Faculty of Law
Riga Graduate School of Law

Career

Before co-founded SKDZ in 2001 Aivis was an in-house lawyer at one of the largest commercial banks in Latvia, hence the thorough understanding of Banking and Finance practice area.

Membership

Latvian Bar Association
International Bar Association

Languages

Latvian, English, Russian

Notable cases and deals

OPTIBET acquires a gambling operator known by trade mark “Klondaika”

Skrastiņš & Dzenis team advised OPTIBET on the recent acquisition of FURORS, a company operating in the gambling business under the brand name “Klondaika”.

We successfully represented a client in civil case regarding exercise of rights of first refusal and pre-emption

The case in question opens a new turning point in case law when the integrity and genuine will of a person entitled to rights of first refusal is being assessed.

We advised client on acquiring sole ownership of a Latvian retail company

We are pleased to announce that Skrastiņš & Dzenis acted as a legal adviser to a retail company in a capital share acquisition project.

We advised insolvent AS “PNB Banka” on conversion and sale of shares in MasterCard and Visa

We are pleased to announce that Skrastiņš & Dzenis acted as legal adviser to insolvent AS “PNB Banka” on conversion and sale of shares in MasterCard and Visa.

AS “PNB Banka” Insolvency Proceedings

Vigo Krastiņš, Partner of Skrastiņš & Dzenis, was appointed as an Administrator of insolvency proceedings of AS “PNB Banka”.

Providing assistance necessary for getting a credit granting licence

Skrastiņš & Dzenis team has provided legal assistance to Estonian investor-owned company LandCredit by preparing all required documents necessary for getting special permit/licence for credit granting services, including documents (Internal control system’s rules) complying with GDPR and AML (Anti Money Laundering) requirements.

Founders of DLV regain full control over their company

The team of Skrastiņš&Dzenis has successfully represented its client’s DLV interests and provided legal assistance in a dispute between shareholders of the firm, helping the founders of DLV regain full control over the company.

Skrastiņš & Dzenis advises client on the acquisition of e-commerce business in the Baltics

Subject to the completion of the transaction Kesko Senukai will buy one of the largest Latvian e-commerce businesses – 1A and become one of the leading e-commerce companies in the Baltics operating online in all three Baltic states.

Skrastiņš & Dzenis has successfully represented SIA Ceļu, tiltu būvnieks in damages case against Saldus district municipality

Skrastiņš & Dzenis has successfully represented SIA Ceļu, tiltu būvnieks, a road building company, in damages case.

Skrastiņš & Dzenis assisted an investor in a damages dispute with the seller of AS Liepājas metalurgs

Skrastiņš & Dzenis assisted an investor which purchased AS Liepājas metalurgs in order for it to continue production, in a dispute with AS Liepājas metalurgs seller regarding the acquired company and its assets both due to the quality and quantity of those assets.

Skrastiņš & Dzenis represented the client in a damages case arising from breach of Latvian Competition law

Skrastiņš & Dzenis represented the client in a damages case regarding breach of competition law unauthorised acquisition and use of our client's business secret.

Skrastiņš & Dzenis has successfully represented travel agency “Kolumbs” and its majority shareholder in a shareholders’ dispute

Skrastiņš & Dzenis team has successfully represented travel agency “Kolumbs”, a well-known and the largest tour operator and travel agency in Latvia, and its majority shareholder in a shareholders’ dispute among majority and minority shareholders.

Skrastiņš & Dzenis has successfully represented a client in a dispute against AS “Rīgas Siltums”

Skrastiņš & Dzenis team has successfully represented a client which designs and manufactures heating, water metering and data management devices, in a dispute against AS “Rīgas Siltums”.

Skrastiņš & Dzenis advises Vienna Insurance Group on the acquisition of Seesam Insurance AS Latvian branch

Vienna Insurance Group will buy 100% shares of non-life insurance company Seesam Insurance AS (including its Latvian and Lithuanian branches) from Finnish OP Financial Group.

Skrastiņš & Dzenis” advised MyFitness on opening 3 new fitness clubs in Riga

Skrastiņš & Dzenis team advised MyFitness, the biggest fitness clubs chain in Baltic States, on opening 3 new fitness clubs in Riga, which formerly were operated under Atletika brand name.

The first hearing has been held in an action for challenging the provisions of the investment agreement made between former shareholders of Parex banka and the Republic of Latvia case

On June 4 in Riga District court held the first hearing in the case where several applicants, including the former Parex banka shareholders seek to challenge the provisions of the Investment agreement of 2008 by means of which Latvian government took over shares of the Parex banka.

Lithuanian court judgement enforcement in Latvia

The current hearing was held on March 13 where Skrastiņš & Dzenis continued representing the former largest Lithuanian air carrying company in Latvia Supreme Court.