Sorainen advised 4finance in a USD 325 million bond issue due in 2022. The bonds are listed on the Global Exchange Market of the Irish Stock Exchange. 4finance is Europe’s largest online mobile consumer lending group. Sorainen acted as the issuer’s local legal adviser for the new bond issue and advised on Lithuanian law. Our […]
Sorainen successfully represented Dujotekana, one of the largest companies in Lithuania operating in the natural gas market, in a court dispute against a former employee regarding illegal dismissal and payment of severance compensation amounting to approx EUR 1 million. Although the decision of the court of first instance was favourable to the employee, the Lithuanian […]
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 […]
Sorainen is advising design and publishing company Kopa on implementing a new construction project in the Kaunas free economic zone. The value of the construction contract alone is around five million euros. Kopa started a new printing house project after receiving European Union support for production capacity development and choosing construction company Panevėžio statybos trestas […]
Sorainen Latvia provided legal support under Latvian law on the sale of m/v ‘Regina Baltica’, registered under the Latvian flag. Assistance included drafting the client’s internal corporate documents, analysing the bill of sale and related documents from the Latvian law perspective, as well as organising deletion of mortgages, deregistering the vessel from the Latvian Ship […]
