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Dutch investor puts Latvia on notice with its first-ever intra-EU investment dispute
On 24 March 2023, a Dutch investor, Van Ansem Participaties BV, submitted a notice of dispute to Latvia for violating the minimum standard of treatment under customary international law and invoking the protection under Article 49 of the TFEU and Article 17 of the EU Charter of Fundamental Rights. Van Ansem Participaties BV owns a […]
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Another cross-border dispute successfully resolved
Sorainen assisted Thermo Fisher Scientific, a world leader in the supply of laboratory equipment and scientific supplies, in a cross-border dispute involving multiple jurisdictions. As the result of a carefully considered strategy, and to the satisfaction of the client and its long-term interests, we negotiated an amicable and beneficial settlement. Our team Partner Valts Nerets, […]
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BITE Latvija receives green light to use frequencies enabling its 5G services
Sorainen advised BITE Latvija, one of the biggest ICT companies in Latvia providing mobile and fixed communication services, on a major legal project involving obtaining of the rights to use frequencies enabling 5G services. In order to start providing 5G services, Bite Latvija needed to acquire permission from the Latvian Public Utilities Commission (PUC) to […]
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Settlement and repayment of debt to a sports streaming platform
Our client is one of the biggest sports streaming platforms in the world. We represented the client during debt recovery litigation against Best4Sport. Development of proceedings The client had a contract with Best4Sport for the rights to broadcast and distribute Women’s Tennis Association (WTA) events. Best4Sport failed to pay its invoices, and a settlement agreement […]
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Encouraging investments in the Latvian aviation sector
Latvia has qualified for OECD Cape Town discount on financing rates for acquisition of essential aviation assets Sorainen, together with other Latvian law firms, assisted the Ministry of Transport of the Republic of Latvia to prepare an application to the European Commission. The aim of the application was for the Latvian aviation industry to qualify […]