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After protracted efforts, Lithuanian investor E energija will finally receive compensation of EUR 3.1 million for being forced out of the heat supply market in Latvia. By a decision of 8 April 2020, a special committee of the International Centre for Settlement of Investment Disputes (ICSID) rejected an application by Latvia to annul the award of 2018 by […]
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We contributed to this multi-jurisdictional project in partnership with the UN Special Rapporteur for Human Rights and the Environment, Dr David Boyd; and the Cyrus R. Vance Center for International Justice in New York. International law firm Clifford Chance conducted and coordinated the project – the most extensive pro bono project in the firm’s history. […]
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Sorainen provided corporate governance training to the Management Board of Novartis Baltics. The Sorainen team consisted of five experts: country managing partner Eva Berlaus, counsel Raivo Raudzeps, senior associates Zane Paeglīte and Marika Grunte and associate Agita Sprūde.
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Sorainen assisted Bridgestone, a global producer of tyres and other rubber products, with implementing the General Data Protection Regulation (GDPR) in its group company in Latvia and its branch in Lithuania, also taking into account the client’s activities in Estonia. Sorainen did a full GDPR audit, reviewed the client’s existing data processing activities, and provided […]
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An arbitral tribunal by the World Bank International Centre for Settlement of Investment Disputes (ICSID) has made an award in an investment dispute between energy group E energija (Lithuania) and the Republic of Latvia. This is the first decision on the merits in an ICSID case against the Republic of Latvia, and the only ICSID […]
