After a pause year, SORAINEN has won its third “Baltic Law Firm of the Year” award at the International Financial Law Review (IFLR) European Awards 2012, held in London yesterday, 22 March 2012. SORAINEN had already been honoured with this international acknowledgement two years in a row back in 2009 and 2010. IFLR established the award for Baltics in 2008.
SORAINEN received the award for its contribution to the most complex and innovative international transactions in the Baltic region in 2011. Recognition came in particular for legal and tax assistance in Hitachi's strategic investment in the new nuclear power plant project in Lithuania, the cross-border merger of Heidelberg Druckmaschinen subsidiaries in Latvia, Estonia, Lithuania and Finland, drafting PPP documentation for the approx EUR 1.5 billion Riga Northern Transport Corridor Project and advising on Elering's EUR 225 million debut Eurobond issue on the London Stock Exchange.
“It is an honour to be awarded by IFLR for the third time. We would like to thank our trusted clients and cooperation partners for growing with SORAINEN and entrusting us with award winning assignments,” comments Aku Sorainen, senior partner of SORAINEN.
IFLR, part of Euromoney Legal Media Group and issued for over 20 years, is the world's leading publication for in-house counsel and practitioners in financial markets. The annual IFLR European Awards recognise the leading law firms in Europe for advising on the most complex and innovative international transactions in the areas of debt, equity and capital markets, project financing, restructuring and mergers and acquisitions (M&A). IFLR awards are based on submissions by firms plus feedback from clients, in-house counsel and financing specialists at international financial institutions.
In addition to receiving the IFLR award in 2009, 2010 and 2012, SORAINEN was recognised as “Baltic Law Firm of the Year” at the PLC Which lawyer? Law Firm Awards 2009 and 2010 and as “Baltic Legal Adviser of the Year” at the European M&A Awards 2008 organised by The Financial Times & Mergermarket. In two consecutive years – 2010 and 2011 – SORAINEN also received the “Baltic States Tax Firm of the Year” award from International Tax Review.
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