Practice Expertise

  • Competition
  • Corporate Governance
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Areas of Practice

  • Competition
  • Corporate Governance
  • Compliance
  • Construction
  • Environment
  • Mergers & Acquisitions (M&A)
  • Public Procurement
  • Real Estate Transactions
  • View More

Profile

Dace Silava-Tomsone is the Managing Partner of COBALT Latvia and is one of the best known and widely recognized M&A, Competition, Real Estate and Construction Law experts in the country. During 20 years of practice she has advised many governmental institutions, local and international companies on major M&A, real estate and investment projects, as well as in intricate cartel, dominance and merger control cases.

Dace is regularly involved in legislative development acting as a member of the Permanent Working Group of the Ministry of Justice on Amendments to the Commercial Law, as well as working groups of various NGOs. She has written widely on M&A and competition law subjects.

Education
Executive Education - Professional Board Member, Baltic Institute of Corporate Governance (2012)
LL.M., University of Latvia, Faculty of Law (1998)
LL.M., College of William and Mary Marshall-Wythe School of Law, Williamsburg, VA, USA (1996)
LL.B., University of Latvia, Faculty of Law (1994)
Latvian Bar Association (since 1994)
International Bar Association (member of Corporate and M&A Law Committee, Antitrust Committee)
Registered Industrial Design Agent with the Patent Office of the Republic of Latvia

Areas of Practice

  • Competition
  • Corporate Governance
  • Compliance
  • Construction
  • Environment
  • Mergers & Acquisitions (M&A)
  • Public Procurement
  • Real Estate Transactions

Professional Career

Significant Accomplishments
COBALT advises Decathlon on lease issues
COBALT represents I Asset Management on entering into Design & Build Agreement for hotel development
COBALT advised Workland on opening of Workland Telegraph center
COBALT advises Brivibas parks projekti in the acquisition of property for development
COBALT advised airBaltic Training on the construction project in Liepaja airport
COBALT advised Roche Latvia on reconstruction of Roche historic headquarters in Riga
AKROPOLE multifunctional shopping and entertainment center commissioned
COBALT represents Reitan Convenience AS in acquiring Caffeine
COBALT advised Corum Origin in the acquisition of ELKO Group headquarters office
COBALT advises AVS Verkehrssicherung GmbH on the Acquisition of KMK Projekts
COBALT represents Austrian investment fund in exit from the investment
COBALT advised on sale of MTG Baltic subsidiaries
COBALT advised DNB on the creation of Luminor - largest ever transaction in the Baltic banking market
COBALT advising Latvenergo on reconstruction of Plavinu and Keguma Hydro-Power Plants
Advice to AS Latvenergo on Riga Hydro-Power Station reconstruction project
COBALT advises DNB upon combining its operations with Nordea in the Baltics
COBALT represents AB Linas Agro in acquisition of fertilizer trade business
COBALT advised AKROPOLIS GROUP in development of trade centre in Latvia
COBALT advises BaltCap in acquiring Baltic operations of financial automation company OpusCapita
COBALT advises ELKO Group in acquisition of DL Distributors OU
COBALT Advises TV NET in Acquisition of Recipe Portal Receptes.lv
COBALT advises SIA Acme Corporation in sale of its subsidiaries to Hili Properties B.V.
COBALT advises Gjensidige Forsikring ASA in acquisition of PZU Lietuva
COBALT in cooperation with Linklaters advises Latvian Privatization Agency in the sale of Citadele Bank to international investors
COBALT advises TV NET in acquistion of the portal Apollo.lv
COBALT represents Neste Latvija in obtaining individual exemption
COBALT represents AB Linas Agro in merger clearance
COBALT represents Latvenergo AS in pricing practices investigation
COBALT represents Neste Latvija in merger clearance
COBALT advises Linas Agro Group in acquisition of shares in AS Putnu fabrika Kekava, SIA Lielzeltini, SIA Broileks and SIA Cerova
The Competition Council closes its two-year long investigation into the activities of fuel retailers
Advising BaltCap on the Investment in the Chain of Branded Coffee Shops Coffee Inn
Advising the management of SEB Enskilda in the buyout of SEB Enskilda business in Estonia and Latvia to operate under the new brand name Superia
COBALT advises banks in a cartel investigation
COBALT respresents Samsung Electronics Baltics in investigation by the competition authority
Legal advice on reconstruction of Riga TTP-2 second unit
COBALT advises Norwegian construction company BAU HOW
COBALT advises AS DnB Nord Banka on construction of the headquarters in Riga
COBALT advises Leader Real Estate International Limited in acquiring developers of a residential complex
COBALT advises Direct Capital, Prashkovsky Group on Latvian law matters
Representation of R.B.Management SIA in sale of a hotel development
Representation of AS Latvenergo in reconstruction of Riga TPP-1
COBALT advises AS Latvenergo in thermo-power plant reconstruction
Representation of Bensons Auto SIA in construction of a showroom
Representation of AS Latvenergo in upgrade of Plavinas and Kegums HPP

Professional Associations
Competition/Antitrust - Band 1, Chambers Europe 2020
Real Estate - Band 1, Chambers Europe 2020
Real Estate - Leading individual, Legal 500 2020
Corporate/Commercial - Band 1, Chambers Global 2020
Corporate/Commercial - Band 1, Chambers Europe 2020
Commercial, Corporate and M&A - Legal 500 Hall of Fame
M&A - Market leader, IFLR 1000 2019



Articles

FIDIC COVID-19 Guidelines
COVID-19 in Latvia: Lease payments for the property of public persons and capital companies controlled by public persons
COBALT Baltic Competition Law News - December 2019
New Chapter in Latvian Construction Law?
International Comparative Legal Guide. Merger Control 2019. Latvia Chapter
Baltic Competition Law News - December 2017
The Buzz in Latvia: Interview with Dace Silava-Tomsone
Baltic Competition Law News - November 2016
Baltic Competition Law News - May 2016
Legislation: Two Steps Forward – One Step Back
Baltic Competition Law News - July 2015
Competition Law News - April 2015
Competition Council Penalizes Company Over Access to Workers’ E-mail in Inquiry
Competition Law News - November 2014
Competition in Latvia: Latvian Courts Rediscover the “Object and Effect” Distinction
Competition Law in Central and Eastern Europe. Latvia chapter.
The European Lawyer Reference Series. Merger Control: Jurisdictional comparisons 2014. Latvia chapter
Getting the Deal Through. Dominance 2013. Latvia Chapter
Know-how in the Court of Arbitration
Suppliers vs.Retailers: Fight Goes On
Competition Law News - July 2012
The Littler Mendelson Guide to International Employment and Labor Law, 3rd edition, Volume III. Latvia chapter
FICIL: Boards Play a Fundamental Role in Efficient Corporate Governance
IBA Corporate and M&A Law Committee: Treasury Shares Guide 2012. Latvia chapter
Competition Law News - April 2012
TV3 & LNT: How to Clear Clearly
Getting the Deal Through. Cartel Regulation 2012. Latvia Chapter
Getting the Deal Through. Dominance 2012. Latvia Chapter
The European Lawyer Reference Series. Merger Control: Jurisdictional comparisons, First edition. Latvia Chapter.
Getting the Deal Through. Cartel Regulation 2011. Latvia Chapter
Getting the Deal Through. Dominance 2011. Latvia Chapter
Mergers and Acquisitions: Gun-Jumping Risks
Getting the Deal Through. Cartel Regulation 2010. Latvia Chapter
Getting the Deal Through. Dominance 2010. Latvia Chapter
Procurement and "Shadow Directors" in the State Companies
Amendments to Competition Law: Do Ends Justify Means?
Why there is no development of production in Latvia?
Is Protectionism a Cure?
Getting the Deal Through. Dominance 2009. Latvia Chapter.
Mergers: When the Notification to Competition Council is Required?
Getting the Deal Through. Cartel Regulation 2009. Latvia Chapter.
We are not selling our business!
Dominant position in retail - what to be expected from the new regulations?
Getting the Deal Through. Vertical Agreements 2008. Latvia Chapter.
Getting the Deal Through. Dominance 2008. Latvia Chapter.
Getting the Deal Through. Cartel Regulation 2008. Latvia Chapter.
Latvian Competition Council's decision in the Projecta case increases uncertainty in the application of the Latvian merger control rules in cases involving foreign entities
Global Legal Group. The International Comparative Legal Guide to: Real Estate 2007. Latvia Chapter.
Getting the Deal Through. Dominance 2007. Latvia Chapter.
Getting the Deal Through. Cartel Regulation 2007. Latvia Chapter.
Getting the Deal Through. Dominance 2006. Latvia Chapter.
Cartels: what the market participants know and what they should know about it?
Global Legal Group. The International Comparative Legal Guide to: Securitisation 2006. Latvia chapter.
Global Legal Group. The International Comparative Legal Guide to: Real Estate 2006. Latvia Chapter.
International Execution Against Judgement Debtors 2005. Latvia Chapter.
Getting the Deal Through. Dominance 2005. Latvia Chapter.
Global Counsel Handbooks. Competition Law 2004. Latvia Chapter.

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