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We advised Bolt, the leading European transportation platform, on concluding a EUR 50 million quasi-equity facility agreement with the European Investment Bank (EIB), the European Union’s long-term lending institution. Bolt plans to invest this funding into improving and expanding our ride-hailing technology and personalised mobility services, like food delivery. The funding will also enable Bolt […]
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We represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]
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Deals & Cases
On 13 January a Lithuanian Supreme Court ruling established new case law in Lithuania on the extent of employers’ obligation to inform and consult with employee representatives. In a dispute between employee representatives and their employer, the court reached a decision in favour of the employer, represented by our team. Failure to reach consensus does […]
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We advised Data Delivery LLC, the Belarus-based developer of the RocketData.io platform for managing business reputation and online data, on implementing share options for employees under the special regime of the High-Tech Park where Data Delivery is a resident. The Sorainen team of partner Maksim Salahub with senior associate Viktoryia Mikhnevich and associate Aliaksei Vashkevich […]
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We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]
