We assisted Wasserman, a leading global sports agency, in acquiring Lithuanian basketball agency BBaltics. As part of the acquisition, BBaltics founder Tadas Bulotas will join Wasserman as Vice President, International Basketball. Wasserman and BBaltics, one of the most respected European basketball representation practices, have been partnering since 2012, with Wasserman representing and supporting clients playing […]
We assisted US bank JP Morgan and French bank BNP Paribas in organising a five-year bond issue with a total value of USD 300 million for Avia Solutions Group – a Lithuanian aviation services group ‒ at an annual interest rate of 7.875% and a maturity date of 2024. The bonds were issued in US […]
We advised Bitė Lietuva, a leading telecommunications company, on implementing a new employee motivation system. Under the new system Bitė will put an extra 250 thousand euro each year towards the third-step pension savings accounts of their employees. Care for employees Bitė Lietuva has won the CV Online TOP employer award for the third year […]
Sorainen assisted Intelligent Communications, developer of the ‘Trafi’ mobile application, a prominent Lithuanian start-up and leading IT and e-solution provider and a Norwegian company specialising in electronic manufacturing services and operating in Sweden, Lithuania, Germany, China and USA with more than 1,350 highly skilled employees. Sorainen tax specialists advised several clients in structuring employee share […]
Sorainen advised the Lithuanian Ministry of Finance working in cooperation with the European Bank for Reconstruction and Development (EBRD) on implementing a project aimed at introducing covered bonds and securitisations in Lithuania, and providing a roadmap for the redrafting of relevant laws. This project is one of the priorities set in the programme of the […]