Sorainen
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Sorainen is advising Lenndy – one of the first crowdfunding platforms in Lithuania. The Lenndy platform is based on a sharing economy and allows investors to acquire rights of claim emerging from business loan agreements already concluded. Lenndy operates under the hybrid crowdfunding method, adapted to the Lithuanian regulatory environment and marketing trends. Comments Donatas Šatkauskas, author […]
Sorainen is advising Betsson on the acquisition of gaming operator Lošimø strateginë grupë, trading as TonyBet in Lithuania. Betsson is acquiring Lošimø strateginë grupë through wholly owned subsidiaries and deal closing is expected to take place within a month. The initial acquisition consideration is EUR 4.0 million. TonyBet is the second largest licensed online operator in Lithuania. […]
Sorainen assisted Fauga, Viking Industrier and Byggleverandorene to appeal binding rulings on the transfer of losses in cross-border situations. The Supreme Administrative Court adopted a favourable decision, confirming that binding rulings have legal consequences to a taxpayer, even though under the legal acts they are only binding to the tax authority and not a specific […]
Sorainen sniedza konsultâcijas Nordea, lielâkajai finanšu pakalpojumu sniedzçju grupai Ziemeïeiropâ, par tâs biznesa apvienošanu ar DNB Igaunijas, Latvijas un Lietuvas biznesu, lai Baltijâ izveidotu lielu un vadošu banku ar spçcîgâm Ziemeïvalstu saknçm. ‘Apvienojot Baltijas tirgus zinâšanas, cieši sadarbojoties ar saviem klientiem un attîstot digitâlo banku, Nordea vairâk nekâ desmit gadu laikâ ir uzbûvçjusi ievçrojamu un […]
Sorainen assisted Virtualiø paslaugø operatorius in a tax dispute related to the application of a VAT exemption for payment services. Sorainen advised the client in the last stage of a tax dispute in which all the earlier stages were unsuccessful for the client. The Supreme Administrative Court upheld the position expressed in the appeal claim […]