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We advised real estate development company Darnu Group on the sale of the second building – East Hill – in the Park Town business centre. This is one of the largest commercial property sale transactions completed in the Baltics this year. The 15,000 m2 Class A office building was acquired by an investment company jointly […]
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The Lithuanian Supreme Court ruled in favour of our client – Mindaugas Marcinkevičius, a minority shareholder in VP Group – in a case over his allegations about aggressive tax policies applied by VP Group companies. The result also represents failure of an attempt to dismiss M. Marcinkevičius’s allegations by Vilniaus Prekyba, Franmax and Leksita, all […]
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We advised HBO and Sky Atlantic on contractual and tax matters relating to co-production of the TV mini-series Chernobyl. Chernobyl is produced by Sister Pictures, The Mighty Mint and Word Games for HBO and Sky Atlantic. Written by Craig Mazin and directed by Johan Renck, the five-part mini-series dramatizes the true story of the 1986 explosion at […]
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Sorainen advised travel planning tools provider KAYAK on acquisition of a business unit comprising employees and office equipment from software development company NFQ Technologies in Lithuania. The business unit comprises approx 40 engineers, who have worked as technology partners for KAYAK for several years. Upon completion of the transaction, the engineers will be employed by […]
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Sorainen assisted the Lithuanian Ministry of Finance in drafting the Securitisation and covered bond law. The purpose of the law will be to contribute to Lithuanian capital market development and expand financing source options. The new draft law ensures greater opportunities for financial institutions to attract funds and finance business, thus contributing to long-term economic […]
