Insights

When our clients need a solution, we find one! We have helped many companies and individuals, providing legal support and strategic consultations in the field of investments, asset protection and recovery. We let our work speak for itself.

  • Our client, a large Latvian group of companies, turned to us for help with refinancing of their loan in a Latvian bank at more comfortable terms and extended maturity. Since the loan amounted to tens of millions of euros, we made a decision to look for financing in Western Europe. We developed a presentation, found a bank in Western Europe, took part in communication of the parties in the course of reviewing the project in the bank and preparing a memorandum of organization of financing, taking into account interests of both parties of this loan transaction.
  • Our client had bridge financing for the financing of one of his projects. He turned to us for restructuring of this loan and turning into a more long-term financing at more comfortable terms. For this project, we offered to arrange the financing as private placement bond issue. We prepared the presentation, prospect, corporate documents, participated in communication with the potential investors and all the involved counterparties: issue agent, depository, security agent.
  • A developer in Riga (buying and reconstruction of an apartment building, and sale of apartments) attracted financing for one of his projects on a crowdfunding platform. After some stages of the reconstruction were completed, he turned to us for replacing the crowdfunding platform financing to other financing of more favourable terms. We developed a presentation, found a private investor, arranged and handled the transaction in accordance with the interests of both parties of the loan transaction.

  • A client turned to us for assessment of a business project in order to make a decision on further investments and sale of the project. For this project, we prepared a detailed business plan with calculations for various scenarios of business development, profitability in each of the scenarios, based on current prices, suppliers and sales, as well as tax implications. Based on these detailed calculations, the client made a decision about the future of the project. We also created a presentation for this business project to attract capital and bank financing.

  • A client had liquid assets in Luxembourg, but due to Covid-19 they needed to finance their business in Russia. The bank in Luxembourg, in which the client had an account, had no correspondent relationships with Russia and could not perform transfer of funds as the client wanted. We engaged a local lawyer in Luxembourg and in cooperation with this lawyer, we arranged a fiduciary transaction, and soon after that the client was already able to use their funds from the Luxembourg bank to finance their business.
  • A client was planning to create a full-bodied backoffice of a group in Latvia. Having registered their company, the client faced difficulties with opening an account for the new company. We helped the client to prepare the description of an intended profile of operation of the company and introduced the client to the representatives of the leading banks in Latvia. Afterwards we continued supporting the client in the course of opening the account with the financial institution they chose.
  • A large foreign company turned to our team for assistance in entering the Latvian market of online gambling. We ensured full legal support in the course of launching of the business and obtaining the licenses. The legal support included preparing the necessary documents and handling the communication with the Latvian Lotteries and Gambling Supervision Inspection, which resulted in swiftly obtaining all the necessary licenses.
  • An investor was seeking comprehensive legal support in relation to a transaction of acquisition of shares of a companies with a large variety of assets, therefore we ensured preliminary due diligence of shares and property objects, prepared and coordinated the contracts, ensured refinancing of the liabilities of the companies, as well as assistance in signing the contracts and registration of property rights. In the course of the legal support of the transaction, there were also procedures drafted, contracts and documents prepared, which will ensure protection of the client’s interest in the future as a co-owner of those companies.
  • Our team was asked to develop a plan of launch of a business and building relationships with investors. Having coordinated the plan with the client, we proceeded with registering a joint stock company, issued a list of various stock, prepared option contracts and other agreements ensuring implementation of the developed plan.
  • A large agricultural business turned to us for restructuring of their loan obligations in a bank, which implied finding a private creditor within 5 days for bridge financing. Our team managed to find a private investor and arrange the deal on time, which helped arranging the restructuring of business without a negative impact on the operation of the company.

  • Having acquired an operating business, a client turned to us for help in cross-border reorganization of the business, namely, moving the business to another tax jurisdiction. Our team helped to define the precise objective of the reorganization, define the steps to be done for reaching this objective, helped find an experienced tax advisory for the project and other specialists in various jurisdictions. Having gathered all the information, we presented to the client an action plan with all the tax advice that the client should take into account upon moving the business to another tax jurisdiction. The management of the action plan was done by our team as well.

  • Our client had various assets (share in foreign companies, claim rights to issued loans, physical gold). The client wanted to accumulate all their property, perform an audit of the property and declare it at the place of tax residency due to amendments in the currency legislation of Russian Federation. The problem was in the extremely short deadline it had to be done, but Vincit Union team still managed to complete the task within the client’s deadline.
  • We helped a client to recover their assets invested in a list of construction projects in the U.S. Due to poor project management there was a risk of failure to recover the investments. Our team carried out restructuring of the client’s business, analysis of contracts, developed the necessary amendments, took part in negotiations with the developers and debtors, and managed to regain control over the projects and investments.
  • We helped a client to recover their assets invested in a list of construction projects in the U.S. Due to poor project management there was a risk of failure to recover the investments. Our team carried out restructuring of the client’s business, analysis of contracts, developed the necessary amendments, took part in negotiations with the developers and debtors, and managed to regain control over the projects and investments.
  • A part of assets the client had inherited was consisting of shares of a company registered in Singapore. We provided support to this client in claiming recognition of their inheritance rights to the assets in a foreign jurisdiction – in Singapore, including also representing the interests of the client in the litigation, support in preparing the documents and registering the property rights of the client.
  • Quick response to request for professional consultant and support in developing internal processes and creation and implementation of an internal control system on an international level.
  • A private investor issued an unsecured loan for development of foreign real estate projects. For a long time, the projects were stalled, and the loan was not serviced due to unprofessional management of the borrower. We had to hold negotiations with the borrowers’ team and their contractors, develop and implement the reorganization plan, under which we took control over the assets, replaced the management and pushed the project to the stage of sale of the created properties in order to recover the loan of the private investor.
  • A private investor issued an unsecured loan for current assets for a medium-sized business. The loan was serviced with great delays due to borrower’s high debt load. Through debt restructuring we managed to strengthen the legal terms of the agreement (indisputable recovery), reduce the loan maturity and included an obligation to return the loan if business is sold. The business was sold in 1 year after the restructuring, which resulted in successful recovery of the unsecured loan.
  • A client was having difficulties to recover a payment for the delivered goods (oil products. The counterparty, a major oil trader, was refusing to recognise that a part of the delivered goods was not paid for. Vincit Union team performed enhanced analysis of the client’s documentation and together with the client we were able to prove to the counterparty that there were more goods delivered than they paid for. The counterparty admitted their mistake and paid the difference in question.
  • We helped a client to recover their assets invested in a list of construction projects in the U.S. Due to poor project management there was a risk of failure to recover the investments. Our team carried out restructuring of the client’s business, analysis of contracts, developed the necessary amendments, took part in negotiations with the developers and debtors, and managed to regain control over the projects and investments.
  • A part of assets the client had inherited was consisting of shares of a company registered in Singapore. We provided support to this client in claiming recognition of their inheritance rights to the assets in a foreign jurisdiction – in Singapore, including also representing the interests of the client in the litigation, support in preparing the documents and registering the property rights of the client.
  • Quick response to request for professional consultant and support in developing internal processes and creation and implementation of an internal control system on an international level.
+371 6777 7999
info@vincitunion.com