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European Legal update: 02.06. – 30.06.2026.
Assistant lawyers Paulina Patašiūtė and Erlandas Prakapavičius compiled the material. M&A and private capital Foreign investment screening: Council signs off on updated framework Adopted: June 8, 2026 The Council adopted a revised EU framework for screening foreign direct investments (FDI), strengthening the Union’s ability to address security and public order risks linked to foreign investments. The new […]
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Sorainen Estonia increased its revenue by 10 percent in 2025
The Sorainen office in Tallinn continues to be one of the biggest employers in the legal market in Estonia, as revealed by the annual reports published on the Company Registration Portal of the Estonian e-business register. In 2025, the firm paid nearly EUR 6 million in social, income and value-added tax. The average number of […]
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Private capital enters the defence sector
Following the discussion on defence M&A at this year’s Baltic M&A and Private Equity Forum, the topic of private capital entering the sector continues to gain relevance. Wolff van Sintern, partner and co-founder of ETNA and a panellist at the forum, shares his perspective in an interview with Dienas Bizness on the role of private […]
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Businesses concluding online consumer contracts will need to introduce a “withdrawal function”
What the new rules require Businesses concluding consumer contracts through a website or mobile application will be required to provide consumers with a dedicated “withdrawal function”. The purpose of this requirement is to ensure that consumers can exercise their right of withdrawal in a simple and user-friendly manner and for withdrawing from a contract to […]
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Fibonatix receives a payment institution licence from Latvijas Banka
We advised Fibonatix on obtaining a payment institution licence from Latvijas Banka. SIA Fibonatix (LV) is a company within the Fibonatix brand, which includes the UK-regulated entity Fibonatix (UK) Limited and entities in Germany and Poland, all founded by Israeli founder Tal Miller. Fibonatix’s business involves providing payment solutions for merchants (e-commerce entities and beyond). […]