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Māris Vainovskis, Senior Partner

Māris Vainovskis

Senior Partner

Head of Banking and Finance and Corporate and Commercial practice group


Latvian, English and Russian

Practice areas

  • Banking and finance
  • Competition, EU and Trade
  • Corporate
  • Mergers and acquisitions
  • Public procurement
  • Restructuring and insolvency
  • Tax planning and consultancy
  • Technology
  • Transport

Practice notes

Māris Vainovskis is a Senior Partner at Eversheds’ Riga office, heading the Banking and Finance as well as the Corporate and Commercial practice groups.  He has more than 15 years of legal experience in banking and finance, commercial and company law, IT law and EU law.

Māris is especially well-known for his M&A work.  During his many years of legal experience, he has been involved in the majority of the largest and most complex M&A projects in the country.  He has acted in an advisory capacity in over 250 M&A sector deals and advised sellers and buyers, both foreign and domestic, not only on mergers and acquisitions but also on complex reorganisations, restructurings and asset deals.

Māris also has extensive experience in commercial law matters.  He has led teams in over 70 major corporate and commercial sector deals.

Māris is a member of the Latvian Bar Association and the Advisory Council of the Latvian Company Register.  He is also involved in several Latvian government-formed working groups on legislative initiatives.  He is an active member of the Foreign Investors’ Council in Latvia (FICIL) where he heads working groups on court system efficiency as well as investment security and protection.

He holds an LL.M. degree from the University of Latvia and has been a PhD candidate since 2003.  In 2004, he obtained an International Practice Diploma in International Mergers and Acquisitions and in 2014 he graduated from the Summer School for International Financial Law in Oxford, UK.

Independent comments

Chambers Global, 2014: “According to clients Māris Vainovskis ‘will always find the solution that suits both sides.  He is down to earth and a great lawyer to have in a tense situation.’  Other sources value the way he ‘is practical and will guide clients through all the risks’.”

Chambers Europe, 2014: “Māris Vainovskis is ‘interested in our matters and looks into every detail of the case.  He works fast and gives us sensible, practical and valuable advice,’ enthuse clients.  Sources regard him as a particularly strong choice for merger control mandates.”

Legal 500, 2014: “Māris Vainovskis heads the practice at Eversheds Bitāns which has strong expertise in tax litigation and tax planning related to cross-border business restructurings.”

Recent experience

  • disposal of Snoras Bank’s shareholding in Finasta group (sell-side assistance);
  • minority stake sale in Securitas Latvia (sell-side assistance);
  • legal assistance in relation to the sale process of Citadele Bank (assistance to the target company);
  • acquisition of a controlling stake in Ventamonjaks (full-scope services related to joint venture formation and merger clearance);
  • acquisition of L&T by Bioinvest (full-scope buy-side assistance and merger clearance);
  • acquisition of Liepajas Metalurgs assets by KVV (acquisition agreement and related agreements).