` Ivo Maskalāns | COBALT

Ivo Maskalāns

Senior Associate / Latvia


Ivo advises clients on competition law and employment law issues and represents them before the National Competition Authority, State Labour Inspectorate and the courts. Likewise, he advises clients on compliance issues and represents them during negotiations with the authorities and trade unions. Ivo has represented clients in various significant cases when the decisions of the Latvian Competition Council where challenged. Furthermore, he represents clients in cases dealing with discrimination of employees, dismissals and transfer of undertakings. Ivo is a regular speaker at conferences and his articles are frequently published in legal media.

His areas of specialization include specific industries (for example, supermarket chains and pharmacy).

Before joining COBALT Ivo worked with another law firm and served as the Deputy Head of the Legal Department of the Competition Council of the Republic of Latvia.


  • Employment – Star Associate, Chambers Europe 2024
  • Employment – Rising star, Legal 500 2024
  • Competition/Antitrust – Associate to watch, Chambers Europe 2018


  • Latvian, English, Russian

Membership & education

  • Latvian Bar Association (since 2010)
  • King’s College, University of London, UK, Diploma in EU Competition Law (2008)
  • School of Business Administration “Turiba”, Faculty of Law, Latvia, Master of Laws (LL.M.) degree (2006)
  • Police Academy of Latvia, Faculty of Law, Professional law degree (2005)

    Employer wins court proceedings in an alleged discrimination case

    BaltCap and Draugiem Capital to acquire majority in Pepi Rer, developer of the IGLU brand

    Following the final share buy-back, BaltCap becomes the sole shareholder of HansaMatrix

    BaltCap expands its reach in Latvia’s social sector by acquiring an elderly care operator

    PLAY acquires Latvian technology start-up Veset

    COBALT advised SAMSUNG C&T on investment in Forta PRO

    COBALT advised Danone group on intra-group restructuring in Latvia

    COBALT secures positive decision for Food Union in unfair dismissal case

    COBALT advised Hili Properties on the EUR 20 million acquisition of Riga shopping centre

    COBALT advised IBM on reorganization for separation of Kyndryl regarding Baltic jurisdictions

    German retailer Lidl opens 15 stores in Latvia

    COBALT advised SuperHero Capital on a EUR 450 000 investment into PrintOnPack.com

    COBALT helps AB Linas Agro Group obtain merger clearance in Latvia for the acquisition of Kauno grūdai group

    COBALT advised Biogen on launching its operations in Latvia and Estonia

    COBALT advised Pfizer’s Upjohn spin-off on merger with Mylan NV

    COBALT advised capital300 and Chalfen Ventures on a EUR 5 million investment into Lokalise

    COBALT successfully represents Latvian Television in a unique copyright and competition dispute with All Media Latvia regarding TV format

    COBALT advises AbbVie in acquisition of Allergan

    COBALT advised Viessmann on intra-group restructuring of its Latvian refrigeration systems business

    COBALT advises Coffee Address Holding in acquisition of SIA Kafe Serviss

    COBALT advised Workday, Inc. on the acquisition of Scout RFP

    COBALT represents Reitan Convenience AS in acquiring Caffeine

    COBALT advises Roche Latvija on the Acquisition of Medilink distribution business

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

    COBALT advised Also Latvia on corporate and commercial issues

    COBALT secures annulment of prohibition to dismiss a trade union member

    COBALT advises AS Storent Investments on the acquisition of Cramo operations in Latvia and Kaliningrad

    COBALT Advises Prezi in Acquiring Data Visualization Company Infogram

    COBALT provides general legal assistance to Snap Inc.

    COBALT advised Anttila on different corporate governance matters and management structure

    COBALT manages to refute alleged discrimination of an employee

    Advice regarding employment issues to major ticket service provider in Latvia

    COBALT advised Michael Kors

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

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

    COBALT advises Abbott Laboratories on sale to Mylan of non-U.S. developed markets specialty and branded generics business

    COBALT advises SIA VMF Latvija on social saving policy

    COBALT advises Franklin Templeton Investments in acquisition of majority stake in SIA Storent Holding

    COBALT advises Abbott on employment law matters

    Legal advice to Roche Latvia on implementation of a distribution scheme

    Legal assistance to SIA Yeoman Latvia on tender issues

    COBALT advises AS Danske Bank on compliance issues

    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 Orlen Latvija on dominance issues

    COBALT provided corporate advice to SIA Yeoman Latvia

    COBALT advises GlaxoSmithKline Latvia on compliance issues

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

    We are driven by your recognition

    “Ivo Maskalāns is knowledgeable and easy to discuss things with.”
    Chambers Europe 2024, Employment
    Ivo Maskalāns has positive work ethics, with interviewees describing him as ‘very helpful and accommodating’. ‘He has experience in handling compliance and restructuring issues.’
    Chambers Europe 2019, Employment