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Ivars Grunte

Managing Partner (Latvia), Chairperson of the pan-Baltic Board, Head of Dispute Resolution and Arbitration practice group, Latvia

Riga, Latvia

+371 67889999; Mob: +371 29224877

ivars.grunte@tgsbaltic.com

Latvian, English, Russian

Best Lawyers has awarded Ivars Grunte as the Lawyer of the Year in Arbitration and Mediation (2014, Riga). Ivars Grunte is praised as “a skilled negotiator, very eloquent and diplomatic”. He is an acclaimed litigator and arbitrator and plays a central role in the practice, overseeing all of the deals. Clients emphasize that Ivars is “always in reach, interested and dedicated”.

Chambers Europe, Legal500, Best Lawyers

MAJOR PROJECTS

  • TGS Baltic ensured legal assistance to AS DNB bank group during take-over of the pledged assets over EUR 15 million in value.
  • Advising 20% shareholder of SIA VUDLANDE on buy-out of 80% shareholder of the company - Latvian Timber Ltd. (UK), obtaining 100% shares of SIA VUDLANDE as the result of the transaction;
  • TGS Baltic in cooperation with Freshfields Bruckhaus Deringer LLP successfully represented the Finance and Capital Market Commission, which acted on behalf of the Republic of Latvia, with respect to the claim submitted by Bryn Services Ltd. against the Republic of Latvia, based on the Agreement between the Government of the Republic of Latvia and the Federal Council of the Swiss Confederation on the Promotion and Reciprocal Protection of Investments, dated 22 December 1992, within the International Arbitration Court proceedings. Transaction value MUSD 26 (2014);
  • Ivars Grunte and Linda Strause lead the teams providing full scope legal assistance to the state owned company Valsts nekustamie īpašumi (State Real Estate), a manager of the state owned real estates, with respect to the fire, which occurred on 21 June 2013 in the residence of the President of the State - Riga Castle during the reconstruction and renovation work (the value of the renovation and reconstruction works approx. EUR  32 854 332). This is recently the most serious fire, on which attention of the society is focused;
  • Ivars Grunte represented a private investor in acquisition of 50% shares of Mūsa Motors (Volvo dealer in Latvia) and subsequent sale of the acquired 50% shareholding to a new investor;
  • Ivars Grunte and his team successfully represented Volvo dealer Mūsu Motors Rīga in a dispute with a leasing company Citadele Līzings and faktorings that won the public tender on supply of 81 passenger cars to the Latvian State Police on fulfillment of contract obligations by reaching an out of court settlement.

OTHER EXPERIENCE

  • Within a group of experts Ivars Grunte performed complex expertise on the legal status of a public procurement procedure of the Riga Southern Bridge (contract value more than EUR 121 millions), including evaluation of the concluded amendment to the procurement contract.

PUBLICATIONS

  • On the 25 years of operation of law office TGS Baltic in the law office business, "Dienas Bizness" - March 2017

  • On Continuous Training and Raising of the Qualification of the Sworn Advocates, "Dienas Bizness" - February 2015

  • On corporate anti-raiderism, “Jurista Vārds” – October 2014
  • On M&A in Latvia in 2012 and forecasts for 2013, “Riga Now” - February 2013
  • On the mandatory training of lawyers, “Dienas Bizness” - August 2012
  • On state involvement in commercial activities - January 2012
  • Co-author of the book "PPP", Äripäev, 2011
  • Ivars Grunte is the lawyer of the week, "Jurista Vārds" - December 2011
  • On further increase in M&A deal numbers in Latvia on commercially reasonable terms, "RigaNOW!" - October 2011
  • On return of M&A activity and corporate start-ups in Latvia, - June 2011
  • On recovery of M&A area, "RigaNOW" - November 2010
  • On establishment of TGS Baltic and on the legal market, Lietiska Diena/Dienas bizness - September 2010
  • Manual of Contracts, "Dienas Bizness" - 2008, 2009

Membership

  • Supervisory board member of SOS Children’s village association (since 2010)
  • Council of Bars and Law Societies of Europe, Head of Latvian Delegation (since 2004)
  • Latvian Council of Sworn Advocates (since 1993)
  • Latvian Bar Association (admitted 1981)

PROFESSIONAL CAREER

  • Since 2010 managing partner at TGS Baltic
  • 2009- 2010 partner at Grunte & Cers
  • 2005-2009 senior partner at Loze, Grunte & Cers
  • 1992-2005 partner at Grunte & Cers

EDUCATION

  • 1980 Department of Law, University of Latvia (Mag. iur. (Dipl.iur.))