Partner

Vigo Krastiņš

Co-Head of the Dispute resolution and Corporate and M&A practices

About

Experience

Vigo is an excellent litigator as well as a talented solution-oriented negotiator.

On a daily basis he handles various types of litigation proceedings, represents clients in out of court settlements, advises clients in insolvency, bankruptcy and debt recovery issues, as well as provides legal assistance in real estate, construction, labour law and various commercial transactions. He has considerable experience in litigating civil disputes in all court instances, starting with simple debt recovery cases and employment disputes up to the most complex shareholders disputes, property rights cases, as well as arbitration procedures.

He is a Member of the M&A team and participates in handling legal due diligence.

Industries

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

Education

Certified insolvency administrator
School of Business Administration „Turība” (Mag.iur)
University of Latvia, Faculty of Law (LL.M. and Mag.iur)

Career

Prior to joining the Skrastiņš & Dzenis Law Office in 2002, Vigo, as a lawyer, started his career at Andra Rukmaņa Law Office.

On September 12th 2019 Vigo was approved as the administrator of the insolvent AS “PNB banka”.

Membership

Latvian Bar Association
Latvian Association of Certified Insolvency Administrators
Section of Insolvency Law Attorneys

Languages

Latvian, English, Russian

Publications

Consequences of the limitation period in disputes arising from commercial transactions, “Bilances Juridiskie padomi” No. 6 (72), June 2019 issue.

Notable cases and deals

Successfully defended a client against a dishonest council member in corporate proceedings

Skrastiņš and Dzenis successfully defended the interests of the client, a joint stock company, in the civil proceedings against a Member of the Council of the company who had dishonestly used his rights.

Advised insolvent AS “PNB Banka” on conclusion of agreement on sale of real estate portfolio valued more than 60 mil. EUR

Skrastiņš & Dzenis acted as legal adviser to insolvent AS “PNB Banka” on conclusion of agreement on sale of all real estate.

We advised IPAS “PNB Asset Management” on sale of pension funds’ management rights

We are pleased to announce that Skrastiņš & Dzenis acted as legal adviser to IPAS "PNB Asset Management" on sale of pension funds' management rights.

Represented a client and reached a settlement in a corporate dispute

Skrastiņš & Dzenis dispute resolution team successfully represented the client in a corporate dispute started in 2004.

AS “PNB Banka” Insolvency Proceedings

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

The DLV dispute has come to an end

We are proud to say that after rather protracted court trials, the long-standing dispute between the shareholders of DLV has finally been solved by reaching a settlement.

Representing a client in a case over reimbursment of real estate investments

Skrastiņš & Dzenis team has successfully represented client’s interests in a litigation process.

Resolving a dispute between an alliance of architects and the contractor

Skrastiņš & Dzenis team has provided assistance to a creative alliance of architects U-R-A Studio (http://www.u-r-a.com) in resolution of complicated dispute with contractor regarding the four U-R-A Studio's prepared designs for a real estate in Jurmala and subsequent unauthorised use of ideas or copyrights of design authors.

Assisting in criminal proceedings concerning large-scale embezzlement

Our team has successfully represented injured party’s interests in criminal proceedings which have taken place since 2011 concerning large-scale embezzlement.

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 advised and represented SIA Selva būve in handling a dispute with a counterparty located in the Netherlands

Skrastiņš & Dzenis team assisted SIA Selva būve in handling a dispute with its business partner in the Netherlands on alleged breach of the agreement and pay-out under the guarantee issued by a bank.

Skrastiņš & Dzenis has successfully represented SIA HD FestForest in an employment dispute

Skrastiņš & Dzenis team has successfully represented SIA HD FestForest in an employment dispute after our client terminated employment relationships with one of the company’s employees.

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” 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.

Skrastiņš & Dzenis team has successfully represented its client in complex settlement negotiations followed by the conclusion of settlement with AS “Prisma Latvia”

Skrastiņš & Dzenis senior partner, attorney-at-law Verners Skrastiņš engaged in and represented our client in complex negotiations with AS "Prisma Latvia".

Skrastiņš & Dzenis has successfully represented its client – former member of the board

Skrastiņš & Dzenis has successfully represented its client in legal proceedings before the Riga District court in damages case.

Partner of law office Skrastiņš & Dzenis has successfully conducted redress proceeding of a “Vef Radiotehnika RRR”

Vigo Krastiņš, partner of law office Skrastiņš & Dzenis, has successfully conducted redress proceeding of a well-known Latvian company “VEF Radiotehnika RRR”.

A complex real estate acquisition transaction has come to a close

A complex real estate acquisition transaction where Skrastiņš & Dzenis attorneys-at-law assisted the client in purchasing parts of a real estate in joint ownership has come to a close.