` Gatis Flinters | COBALT

Gatis Flinters

Partner / Latvia


Gatis Flinters heads the Corporate & Commercial Law practice group at COBALT Latvia, advises on M&A transactions and is recognized for his particular expertise in energy and insolvency law. He brings over 15 years of field experience and has a proven record of success in large-scale investment and reconstruction projects while advising local and also foreign companies.

Gatis is an active member of the Professional Association for European Restructuring and Insolvency Practitioners (INSOL Europe) and the honorary advisor to the British Ambassador in Latvia on legal issues.


  • Corporate/Commercial – Band 3, Chambers Global and Europe 2024
  • Commercial, Corporate and M&A – Leading individual, The Legal 500 2024
  • Shipping and Transport – Leading individual, The Legal 500 2024
  • Real Estate and Construction – Next Generation Partner, The Legal 500 2024
  • M&A – Highly regarded, IFLR 1000 2023


  • Latvian, English, Russian, German

Membership & education

  • Commercial Law Work Group (since 2021)
  • Latvian Bar Association (since 2005)
  • INSOL Europe
  • Nordic-Baltic insolvency network
  • Master’s degree in International Law, University of Exeter, United Kingdom (2007)
  • Lawyer’s qualification, University of Latvia, Riga, Latvia (2005)

    Warmeston OÜ acquires Brocēni cogeneration plant and pellet factory in Latvia from Enefit Green

    E.R.B. Rail JV signs contract for the construction of Rail Baltica mainline in Latvia

    Largest single-company power purchase agreement signed in Latvia

    COBALT advised Danone group on intra-group restructuring in Latvia

    Enersense forms a joint venture with Siemens Energy to build synchronous compensator stations in Latvia

    COBALT advised FN-SERVISS on cross-border reorganisation

    COBALT advised Latvijas Finieris on the launching of the most extensive investment project in Latgale in recent years

    The court orders Tukums Municipality to approve the construction of Pienava wind farm

    COBALT advised 4finance on intra-group restructuring

    COBALT and Linklaters advised EIB and NIB on financing of the Kekava Bypass road project

    COBALT advised Luminor and Swedbank as joint lead managers in relation to issuance of EUR 50 million green bonds by Latvenergo AS

    COBALT advised SEB banka and Danske Bank as lenders in VALMIERAS STIKLA ŠĶIEDRA restructuring proceedings and sales process of the company shares

    COBALT advised Swedbank on evaluating structural changes at the Baltic level

    COBALT advises airBaltic on EUR 250 million investment in the company’s share capital by the Latvian government

    COBALT advised SEB life insurance undertakings on cross-border merger in the Baltics

    COBALT advised Zimmer Biomet on assignment of distribution agreement

    COBALT advises airBaltic on issue of EUR 200 million bonds

    COBALT introduced new General Terms and Conditions for Schmitz Cargobull Latvia

    AKROPOLE multifunctional shopping and entertainment center commissioned

    COBALT advised agricultural company SIA Palsa on its inclusion into AS Eves Agro

    COBALT advised Luminor on cross-border merger

    COBALT advised Astor Group in the acquisition of Radisson Blu Daugava hotel

    COBALT advises BaltCap Infrastructure Fund in acquisition of biomass CHP in the Riga region

    COBALT advised Luminor on obtaining ECB approval for cross-border merger in the Baltics

    COBALT successfully represented a creditor in legal dispute with an insolvency administrator

    COBALT represented Inter IKEA in franchise matters

    COBALT advises on the sale of a private eye clinic in Latvia

    COBALT advises Luminor on reorganising its management structure

    COBALT advises B2KAPITAL in acquiring a non-performing loan portfolio from SIA Hiponia

    COBALT advised HUGO BOSS on expanding its business operations in Latvia and Estonia

    COBALT advised Latvenergo on corporate governance matters related to the reduction of company’s share capital

    COBALT advised 4finance on its corporate governance structure

    COBALT advised a global pharmaceutical company on corporate governance and individual liability of board members

    COBALT Advises Koha Capital with Investment in Tech Startup Giraffe360

    COBALT manages to refute alleged discrimination of an employee

    COBALT advised Geneba in sale of Baltic real estate portfolio to Laurus

    Advice regarding employment issues to major ticket service provider in Latvia

    COBALT advises Latvian Wind Energy Association

    COBALT advised AS SEB banka on Latvenergo AS green bond issue

    COBALT advised SIA Technological Solutions in construction of a CHP facility with a power of 4 MWel

    COBALT advised Estonian renewable energy firm Nelja Energia AS on issuance of the green bonds

    Legal advice daily to TNT Latvia

    COBALT represents SIA Empower in the biggest cartel case in recent Latvian antitrust history

    COBALT advises Eolus SIA in development of wind farms in Latvia

    COBALT advises AS Danske Bank on compliance issues

    COBALT advises secured creditor in insolvency proceedings of AS Liepājas Metalurgs

    COBALT advises Canadian stock listed company within implementation of a restructuring plan governed under Canadian CCAA rules in the Baltics

    COBALT advises SUEK Polska sp. z o.o. on distribution matters

    COBALT advises Norwegian company B2Holding AS in acquisition of leading debt recovery service provider SIA Creditreform Latvija

    COBALT advises leading partner on acquisition of controlling block of stock in AS NORVIK BANKA

    COBALT represents AS Danske Bank at the Satversme Court (the Constitutional Court of Latvia)

    COBALT advises Norwegian company B2 Holding in acquisition of loan portfolio from Latvijas Krājbanka

    Representation of IKI chain stores operator SIA Palink in insolvency proceedings and restoration of solvency

    COBALT advises AS DNB Banka

    COBALT advises Estonian wind farm operator 4 energia

    We are driven by your recognition

    “It is a pleasure to work with Gatis. He provides well thought out legal solutions.”
    Chambers Europe 2024, Corporate/Commercial
    Gatis Flinters assists clients from a variety of industry sectors with cross-border M&A and local deals. He also advises on corporate matters. "He is a very good and helpful lawyer," a client says.
    Chambers Europe 2023, Corporate / Commercial
    Clients praise Gatis Flinters for his responsiveness and clear advice, describing him as "very solution-oriented and skilful at finding solutions".
    Chambers Global 2018, Corporate / Commercial