KPMG Law

KPMG supports SIXT Baltics (Transporent SIA) expanding to Finland by acquiring Veho Rent Oy Ab

KPMG supports SIXT Baltics (Transporent SIA) expanding to Finland by acquiring Veho Rent Oy Ab

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Mandatory e-address of all companies and other legal entities for communication with national authorities

According to the Law on the Official Electronic Address, all legal entities that are registered in the registers, including limited liability companies (SIA) and joint stock companies (AS) had an obligation to establish their e-address until 1^st January 2023. For those legal entities and companies which have not established the e-address themselves by this date, on 1^st January 2023 the e-address has been automatically activated by the system.

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KPMG Law ranked as Tier 3 in The Legal 500

We are proud to announce that thanks to our expertise and client recognition KPMG Law was ranked as Tier 3 in Commercial, Corporate and M&A practice area in The Legal 500. Ieva Tillere-Tilnere and Uģis Ludiņš are the heads of the Corporate, M&A practice.

Client testimonials:

‘Appreciated the professional and wide enough expertise available (legal, tax, audit) in our M&A and liquidation process. Excellent knowledge of local legislation. Persistently providing alternatives and delivering solutions. Professional yet pleasant co-operation.’

‘KPMG team consists of experienced legal professionals with business oriented mindset and ability to understand client needs. The team is ready to innovate and adjust the service offering to new types of business models which for us as client was a valuable experience.’

‘Very professional, very quick and professional service. Effective and professional collaboration.’

In addition, KPMG Law was also nominated as “Firms to wach” in Dispute Resolution practice area.

KPMG Law Firm acts for operational banks and banks subject to liquidation/insolvency in debt recovery cases. It is also noted for its involvement in investigations into alleged white-collar crimes, such as fraud and money laundering. Andis Pauniņš is the head of the Dispute Resolution practice.

Thank you for choosing KPMG Law!

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KPMG assisted CrossChem to launch a EUR 10 million bond programme with the first issue of bonds amounting to EUR 3 million

KPMG assisted CrossChem to launch a EUR 10 million bond programme with the first issue of bonds amounting to EUR 3 million.

Assisted by KPMG Baltics and KPMG Law, 3-year bonds for a total of EUR 3 million were issued by SIA CrossChem, the manufacturer of AdBlue® liquids used to reduce emissions from diesel engines.

The bonds of CrossChem are publicly available on the Nasdaq Baltic First North Market from 10 November 2021. Before entry into public trading, the bonds were purchased by a number of banks, investment funds, insurance companies and private investors.

Proceeds of the issue will be used to set up new AdBlue® plants, expand the network of filling stations, create a ship filling infrastructure and purchase raw materials which enables the company to attract more investors, strengthen its market position and promote its further growth.

KPMG in Latvia supported the bond programme by conducting a due diligence engagement and preparing an information memorandum, and also extended legal support in the issue of bonds.

The investment bank for the bond programme is LHV Bank. 

More information: Nasdaq Welcomes CrossChem to the Baltic First North Bond Market – Nasdaq BalticNasdaq Baltic

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