WALLESS

Does the mortgage borrower protection fee comply with the Constitution of Latvia? This question has been brought before the Constitutional Court; however, the case is currently on hold — awaiting a decision from the Court of Justice of the European Union, after which the Constitutional Court of Latvia will deliver its final ruling. Why has the mortgage borrower protection fee reached the Constitutional Court? What was asked of the Court of Justice of the European Union? Answers to these questions can be found in the publication by WALLESS Senior Associate Elīna Dindendorfa here: https://bit.ly/4iycBpm Izdevniecība iŽurnāli – iFinanses, iTiesības, iBizness, iAudio #MortgageLoan #Constitution

Sharing legal knowledge at the forefront of innovation! At a recent crypto and blockchain conference UN:BLOCK, WALLESS Associate Partner Arina Stivrina engaged in a fireside chat with Anatoly Ressin from Blockvis on the intriguing topic: "Smart contracts — code is law or legal fiction." Meanwhile, WALLESS Associate Partner Valters Diure moderated a dynamic panel discussion titled "AML & Sanctions in Crypto, Myths and Realities." Both discussions highlighted a crucial takeaway: In the evolving world of crypto and blockchain, bridging legal frameworks with technological innovation is essential to building trust and ensuring sustainable growth. We are committed to continuing this journey together, using regulations like MiCA to help frame the legal side of crypto and blockchain business ideas and to support a compliant, innovative future. #MiCa #Crypto #Blockchain #Latvia

Two unforgettable UN:BLOCK conference days, captured in just 30 seconds! The WALLESS team was proud to share our legal insights with attendees at the most anticipated crypto and blockchain event in Riga. We had a fantastic time connecting with industry leaders, exploring cutting-edge ideas, and diving deep into regulatory topics like MiCA, which is set to reshape the future of the industry. Thanks to everyone who stopped by — see you at the next one! #UnBlock2025 #Latvia #Crypto #Blockchain #MiCA 

The new Estonian Government coalition has agreed to abolish the defence tax on corporates. The initial plan was to introduce the 2% defence tax on the accounting profits of Estonian resident companies starting from 2026. This simplistic annual corporate income tax system was set to undermine Estonia's unique corporate income tax system, which applies only to profit distributions. But the plan to introduce the 2% defence tax on individual income is still intact. Considering that the rates of the Estonian corporate and individual income tax have over the years always been the same, it is a possibility that, while the defence tax on the corporate profits will be abolished, the corporate income tax rate will increase to 24% as well. #WallessTaxCookies #tax #Estonia #defence 

UN:BLOCK Day 2 starts now! After an exciting and insightful Day 1, we’re ready to welcome you to the Legal Stage today! If you're attending the most anticipated crypto and blockchain conference in Riga, Latvia, stop by the WALLESS stand — let’s have a quick chat about how the upcoming MiCA regulations are reshaping the industry. #crypto #MiCA #LegalStage #UnBlock2025

Lithuania takes one more step for equality! Lithuania’s Constitutional Court spoke clear: until Seimas of the Republic of Lithuania passes a partnership law, every couple – also same-sex partners – may turn to the courts to defend their rights. It’s a small, still slow move, but step by step our country comes closer to European human rights standards. At WALLESS we stand for equal rights for everyone. It’s time for Seimas to use this window of progress and approve the partnership law without more delay. #equalrights #diversityinclusion #humanrights

Should patients lose the right to pay extra for their healthcare? That’s the question at the center of Lithuania’s current debate – and the focus of the latest ‘Lietuva kalba’ broadcast on national television LRT. Dovile Burgiene, Managing Partner of Lithuania at WALLESS, shared her legal and business perspective on the current healthcare funding model. She pointed out that allowing patients to co-pay for healthcare services gives people broader options. Clear rules and fair compensation models are needed to ensure both quality of care and financial viability for healthcare providers. Watch the full discussion (in Lithuanian) here: https://rb.gy/qe1jy3

The American Chamber of Commerce in Lithuania has a new Board Member – and we’re proud to announce it is WALLESS Partner Laura Ziferman. #AmCham is the leading voice of international business in the country, uniting over 200 members that shape Lithuania’s economy and transatlantic ties. Laura’s election reflects the values WALLESS stands for – leadership, collaboration, and being part of work that matters for international businesses. Photo credit: American Chamber of Commerce in Lithuania 

WALLESS is honoured to serve as the legal advisor to the Estonian Centre for Defence Investments // Riigi Kaitseinvesteeringute Keskus (ECDI) in the development of Estonia’s national defence industry park. This is a strategically important project that aims to establish an approximately 178-hectare industrial park in Pärnu county, designed to enable the production of ammunition, explosives, and their components. The creation of the defence industry park is a key part of the government’s broader strategy to strengthen national defence capabilities and support the development of the defence industry. The spatial planning and Strategic Environmental Assessment processes are currently underway, with the aim to commence production no later than early 2027. WALLESS brings over 15 years of legal experience in the defence sector, equipping our team with a deep understanding of the legal and operational complexities inherent in projects of this scale. We apply this knowledge to ensure the success of the defence industry park. Our role covers legal advisory throughout the entire lifecycle of the project, including the preparation and execution of the selection process. The WALLESS team is led by partner Merit Lind-Tsoganoff, with contributions from partners Edgar Velbri and Andres Siigur, counsel Katrin Alliksaar, associate Kent Märjamaa and senior associate Liina Käis.

WALLESS Latvia turns sweet 16! We celebrated with a burst of creativity, teamwork, and joy — crafting a lasting memory together with the amazing artist Laura Juhņēviča. Here’s to the moments that bring us closer and the art that tells our story. #Teamwork #ArtInTheMaking