Cases & Deals

Metro Baltic Horizons, property investment company, investigates claims against former directors, investment manager, and investment advisor

Client(s) Metro Baltic Horizons plc

Jones Day is advising Metro Baltic Horizons Plc, an AIM listed property investment fund, in connection with claims arising out of investigations into the activities of its previous directors, investment manager, investment advisor and other professional advisors, including the individuals behind the entities. The claims relate to four property investments in Estonia, Latvia, and St Petersburg and involve defendants and potential defendants in the Isle of Man, Estonia, Finland, and Ireland with further contested proceedings on foot in Estonia and Russia. Jones Day also advised the company in relation to the recent suspension of its shares and continues to advise it in relation to its ongoing listing obligations.