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Deals & Cases
Žurnalų leidybos grupė (ŽLG), publisher of the popular Lithuanian magazines “Žmonės”, “Laima”, “Ji” and “Edita” and operator of the portals Žmonės.lt, Ji24.lt, Elaima.lt and Shopspy.lt, intends to transfer its business to Media bitės. Media bitės is managed by Tomas Balžekas, former manager of news portal 15min.lt and news agency Baltic News Service (BNS). The parties […]
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Deals & Cases / Agris Repšs, Valts Nerets
Sorainen provided legal advice to Regional Investment Bank – a credit institution in Latvia established in 2001 – as a mortgage creditor in a complex situation where the bailiff had initiated a forced sale of m/v Falcon by auction based on a maritime lien and a ship repair company had used its rights of retention […]
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Sorainen defended the interests of Eurocash1 in a legal process concerning a prohibited vertical agreement, a process which continued for more than eight years. An agreement was made among G4S and the three biggest banks in Lithuania. According to the agreement, the banks were obliged to buy cash-handling services exclusively from G4S. A complaint about […]
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Sorainen advised Olympic Entertainment Group on the merger of two regulated businesses in Lithuania. Orakulas, including its assets, obligations and rights, is now merged into Olympic Casino Group Baltija. Olympic Entertainment Group is a leading group of gambling companies, with operations in the Baltic States, Slovakia, Italy and Malta. After the merger, Olympic Casino Group […]
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Deals & Cases / Eva Berlaus, Viktorija Cherkas
Sorainen Latvia assisted EUROCASH1 group in acquiring cash collection company CBL Cash Logistics from Citadele banka. As a result of the transaction and further reorganisation, EUROCASH1 group will significantly strengthen its position in the Latvian cash collection services market in addition to increasing its current turnover. Eva Berlaus, Country Managing Partner and senior associate Viktorija […]
