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 […]
Deals & Cases
German investor Ralf Dieter Montag-Girmes has sold his stake in Latvia’s national carrier airBaltic to Danish entrepreneur Lars Thuesen. Latvian Prime Minister Mâris Kuèinskis commented that all the latest developments in airBaltic have been taking place in order to strengthen the company. In 2015, Mr Montag-Girmes acquired 20% of the Latvian airline’s shares for an […]
Deals & Cases / Žygimantas Pacevičius, Jurgita Karvelė, Juliana Pavilovska
Sorainen successfully represented Tauragė District Municipality in a court dispute over refusal to employ a person who won a competition for a secondary school manager’s position. The claim was based on discrimination against the person and violation of equal rights. The claimant asserted that the municipality was obliged to conclude an employment contract since she […]
