We provided consultation to an international group of companies engaged in the transportation business on the legal effects and consequences deriving from economic sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC) as per Latvian law. Our team The client was advised by country managing partner Eva […]
As part of an assignment for an international private equity player seeking to acquire a target in Latvia, in addition to the standard legal due diligence process usually conducted prior to M&A transactions, we also conducted a compliance review, focusing on the corruption risks, AML risks, anti-trust risks and corporate governance risks of the target […]
On a pro bono basis we are advising the Estonian non-profit project and citizens initiative “Autumn Plan”, which focuses on supporting people who have doubts about vaccination in making an informed decision. A helping hand for primary care doctors According to various studies, less than 10-20% of people are categorically opposed to vaccination against Covid-19. […]
Sorainen, in cooperation with Wolf Theiss Poland, assisted iCotton, a manufacturer of high-quality hygiene and cosmetic products, which is one of the industry leaders in innovation and has production facilities in Latvia and Poland, in obtaining financing from ALTUM capital fund (ALTUM Kapitāla fonds) worth EUR 10 million. Obtained loan The loan obtained will improve […]
Linstow’s and SEB’s Latvian subsidiaries have entered into a lease agreement under which Linstow Baltic will develop and lease out to SEB Latvia a brand-new business centre to be located at 2 Ernesta Birznieka-Upīša Street in Riga, right across the street from Linstow Baltic’s recent development, the award-winning shopping centre Origo and the business centre […]
