Our team

“True professionals who have the ability to translate complex legal issues into easily understandable terms.” (The Legal 500, 2018)



Country: Latvia

Short description

Zane is leading firm’s practice in Latvia in the areas of Corporate, M&A and Capital Markets and Restructuring and Insolvency and Competition Law. Zane is also advising companies and individuals in practice areas as Intellectual property, Media and IT Law and Shipping and Transportation.

  • Assisted Estonian wood pellet producer Graanul Invest AS in acquiring of shares of Latgran SIA (recognised as the largest M&A deal in the Baltics in 2015). Value of the deal – EUR 104 million. Assistance included performing of legal due diligence, assistance throughout the share acquisition, representation of Graanul Invest in negotiations with shareholders of Latgran SIA and banks.
  • Advised DEPO DIY SIA, in development of a new shopping center, performed legal due diligence of the target company, rendered legal assistance to the client in acquisition of target company’s shares, represented client’s interests during money raising process in the form of a complicated credit transaction with DNB Banka.
  • Acted for the farmers’ cooperative, LPKS LATRAPS, the largest farmers’ co-op in Latvia with 894 members, as one of the shareholders of Latvijas Piens SIA, a milk processing company 100% owned by Latvian farmers and uniting over 600 farms in Latvia, in a share buyback from another Latvijas Piens SIA shareholder.
  • Advising Van Genechten Packaging (one of the main market players in European packaging business) in acquisition of 100% shares in one of the leading packaging production companies in Latvia AS Kvadra Pak
  • Assisted private equity investment company LR Capital in acquisition of shareholding in several companies, inter alia, DUBULTU POLIKLINIKA SIA (a company providing medical services), Saltums SIA and Rīgas 2.Saldētava SIA (companies offering a freezer warehouse long-term lease, with freezer space arranged across five floors and covering a total area of around 5,665 square meters).
  • Advising Lehman Brothers Real Estate Partners (LBREP) on corporate matters related to companies registered in Latvia, where LBREP had invested financial resources
  • Performed vendors legal due diligence of one of the biggest rail companies in Latvia, annual turnover of client exceeds EUR 15 million, providing international and local passenger traffic by railway.
  • Assisting KPMG Baltics SIA, administrator of Latvian bank, AS Latvijas Krājbanka, in the bank’s insolvency process, inter alia, providing advice on possibilities to restructure loan liabilities in the total amount of more than EUR 20 million.
  • Assisting its client in the merger transaction as the result whereof two companies were merged into SIA Autohalle (dealer of Seat, Suzuki, Isuzu, Hyundai and Peugeot cars in Latvia that manages also the largest Seat, Suzuki and Isuzu brand full service centre in the Baltics by rendering car repair and warranty repair).
  • Representing the borrower SIA Lauma Fabrics, a leading textile manufacturer, with respect to refinancing transaction with Citadele banka with the approximate value of EUR 8,5 million.
  • Since 2009 Partner, PRIMUS DERLING
  • 2005 - 2009 Partner, Loze, Grunte & Cers
  • 1996 - 2005 Attorney at Law, Grunte & Cers
  • Riga Graduate School of Law, LL.M (2006)
  • University of Latvia, Faculty of Law, LL.B (1999)
  • Latvian Bar Association (since 1999)
  • "She is easy to work with, you can always reach an agreement." (Chambers Europe, 2016)
  • “According to sources, Zane Eglīte-Fogele "listens to you and quickly understands your problems, pointing out any issues that you may not have otherwise considered." She has advised on corporate and tax issues for clients in sectors ranging from construction to transport.” (Chambers Europe 2015)
  • “Corporate and Commercial practice head Zane Eglite-Fogele "is experienced, understands the different business issues and what we need to consider,’ explain the clients.” (Chambers Europe, 2014)
  • “Latvian partner Zane Eglite leads the corporate department and is singled out as “a hard-working and conscientious lawyer who “always sticks to deadlines”. Her broad practice covers M&A, commercial law, competition, and insolvency.” (Legal 500, 2013)
  • “Specifically achievements of Zane Eglīte in the area of M&A has been pinpointed as example of excellence.” (Legal 500, 2010)
Languages: Latvian, English, Russian