Sorainen advised PlusPlus on registering in a Public List of Consumer Credit Providers in Lithuania.
In expanding its operations, PlusPlus is planning to acquire and administer consumer loan portfolios in Lithuania. A member of the PlusPlus group of companies, PlusPlus is owned by a pan-Baltic receivables management company with offices in Tallinn, Riga and Vilnius.
Sorainen provided full support to PlusPlus during the process of establishment and registration and in its relations with the Bank of Lithuania. In this project the Sorainen team, led by partner Tomas Kontautas and counsel Augustas Klezys, included associates Lina Ragainytė, Urtė Armonaitė and Inga Macijauskaitė with legal assistant Paulius Sadauskas.