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We assisted Activate Capital in relation to its investment in Aerones, a provider of robotic inspection, maintenance and AI-driven solutions for wind turbines based in Riga, Latvia. About the case Aerones has just raised 62 million USD in an investment round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, […]
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As part of last year’s Shared Mission project, we provided pro bono legal assistance to the Estonian Defence and Aerospace Industry Association (EDIA). Our focus was on how to improve the opportunities for the local defence industry to provide goods and services to the Estonian state. Legal pathways for Estonia’s defence industry The analysis undertaken […]
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The International Swaps and Derivatives Association (ISDA) instructed Sorainen to provide country legal opinions on the enforceability and protection of financial collateral arrangements under Lithuanian law using ISDA documentation. Our team prepared two distinct legal opinions – one concerning the position of the collateral provider and the other of the collateral taker – both serving as […]
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We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
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The International Centre for Settlement of Investment Disputes (ICSID) Tribunal has ruled in favour of one of Estonia’s largest glass and aluminium facade manufacturers, Windoor, in its dispute against the Republic of Kazakhstan. Kazakhstan violated the obligation of fair and equitable treatment The Tribunal determined that Kazakhstan’s refusal to enforce the SCC Awards, the invalidation […]