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Last year, the Baltic mergers and acquisitions (M&A) market slowed down slightly from the previous year in terms of the number of deals. Despite the minor decline, the numbers still remained significantly above pandemic-time levels, according to statistics compiled by M&A database Mergermarket. While the deal count downturn wasn’t significant, the total disclosed value of […]
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Sorainen continues to be a leading law firm for mergers and acquisitions in the Baltic region. Our firm has advised the highest number of M&A deals in 2023 in the region, according to the latest Global and Regional M&A Rankings 2023 by Mergermarket. The firm advised on 34 transactions with a combined value of USD […]
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Amendments to the Latvian Commercial Law, which will enter into force on 1 July 2023, set a number of important dates to be taken into account by all public limited liability companies (PLLC) (in Latvian – Akciju sabiedrība or AS) in order to comply with the obligations imposed by the amendments, i.e., to submit to […]
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Deadline for filing annual reports with the State Revenue Service (SRS) approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting with the SRS, no later than one month after approval by observing the deadline that is set based on the […]
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Our Employment team prepared Employment card 2023 – a handy comparison of the main employment law rules in the Baltics. Read it here.