Sorainen advised Valyuz on establishing a company in Lithuania and obtaining an e-money institution licence from the Bank of Lithuania. Valyuz is a fintech company planning to provide a cutting-edge alternative solution to traditional banking and to become a platform-of-choice for international corporate clients in the technology sector. Valyuz is planning to offer electronic money […]
For several years, Sorainen Latvia has been providing legal assistance to the University of Latvia in administrative litigation initiated by licensed construction company Abora operating in the area of construction and reconstruction of various structures and buildings. Abora had gone to court to challenge exclusion of its offer from the open procurement procedure “Development, construction […]
Sorainen advised NanoAvionics, a Lithuanian start-up manufacturing satellites, on securing an investment from AST&Science to support the company’s operational expansion globally. Under the terms of the investment, AST&Science has acquired all shares from venture capital firm Practica Capital and made an additional investment in NanoAvionics’ capital assets. NanoAvionics is a small satellite platform manufacturer and […]
Sorainen advised Dense Air – an operating company within the Airspan Group, that provides wholesale shared “neutral host” 4G LTE mobile network densification and extension services – on Latvian telecom regulation as it relates to the acquisition of radio spectrum. Client was advised by partner Agris Repšs and senior associate Andris Tauriòš.
Sorainen advised venture capital fund Open Circle Capital on its first investment – in Lithuanian start-up Tipi. The company develops information management and communication solutions for teamwork. Open Circle Capital invested along with Silicon Valley fund Sway Ventures and a group of private investors from the USA, the UK, France, Lithuania and Singapore. Total investment […]