Restructuring & Insolvency

We have helped a range of companies turn their businesses around and overcome solvency issues to successfully continue their operations. We are known for innovative solutions and for being one step ahead of the game. Our large team of specialists from other areas helps us tackle any issue that may be standing in the way of building your company up again.

We are also highly experienced in different debt collection proceedings. Our hands-on approach helps clients recover their money to the highest extent possible. Our experienced cross-disciplinary team is particularly well-placed to handle various financial institutions and other secured creditors to enforce and recover claims in insolvency proceedings. We seek real business and asset recovery during distressed situations.

Chambers Europe 2023, Dispute Resolution, Latvia office
“COBALT has a well-established dispute resolution team with highly respected team members, who are reliable in handling complex legal disputes.”
The Legal 500 2022, Dispute Resolution, Latvia office
"The practical experience, technical strength and strategic insight of COBALT lawyers is unmatched. From the very first meeting I felt very well informed and supported – on a human level, in terms of my rights and in terms of what settlement would be workable and fair. Highly recommended."
Chambers and Partners 2021, Dispute Resolution, Estonia
Sources attest to the team's commercial approach, with a client reporting: "The advice is always very clear: what are the options, what are the pros and cons."
The Legal 500 2021, Dispute resolution, Lithuania office
"There are many litigation experts, however, we have been working with COBALT for some time now. What makes them exceptional in this field is that even having advised us for many years, they still have many ideas, they brainstorm, they find solutions and their creativity is admiring."
The Legal 500 2021, Dispute resolution, Lithuania office
"The service we have received from COBALT has been outstanding so far. The advice is always promptly received, strategy has been agreed in advance and the different scenarios and potential outcomes clearly explained. The work put in by COBALT has also been reflected in terms of the court decisions to date."
Chambers Global 2020, Dispute Resolution, Latvia office
Clients appreciate the team's dedication to clients and market understanding, highlighting the team as one of the best in Latvia.
Chambers Europe 2015
"It is a delight to work with them. We get rational and deeply analysed advice. The team has some great lawyers and is easy to deal with."
The Legal 500 2015
"What stands out is an ability to deal with difficult business issues, showing a responsive approach, keeping clients updated, being totally professional."
The Legal 500 2015, Lithuania office
"COBALT Lithuania has developed expertise in areas including collective litigation, alternative dispute resolution, and administrative proceedings against public bodies."
Chambers Europe 2015, Latvia office
“Active dispute resolution team with significant experience in arbitration and cases before constitutional courts. The team is noted for its industry-specific knowledge [...].”