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Latvia: New responsibilities for employers
As of 19.11.2020, employers must establish the contact persons of a person infected with Covid-19 in the workplace. According to Cabinet of Ministers order no. 655 of 06.11.2020 “On the declaration of a state of emergency” from 06.11.2020 employers must appoint a responsible person for limiting the spread of Covid-19 in the workplace. According to […]
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Startup Wise Guys invests in logistics startup GoRamp
We advised venture capital fund Startup Wise Guys on investing in logistics startup GoRamp. Startup Wise Guys together with Presto Ventures invested EUR 450,000 in the company. This is the second investment in GoRamp by Startup Wise Guys and Presto Ventures in the last 12 months – in January, they invested EUR 120,000. Offering logistics […]
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Annual Prospera survey: Sorainen no.1 Baltic law firm in clients’ eyes
Sorainen has received the highest ranking among top Baltic law firms, the coveted Gold medal of the Prospera client survey. In clients’ eyes, Sorainen has the overall best legal competence and the best known brand in the Baltic market. Sorainen’s strengths are our lawyers’ skills, client understanding, large projects and international competence. We also rank […]
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Modus Group launches new public bond issue
We advised Modus Group in launching a second public bond issue planned to attract investment of EUR 8 million. Funds will be used to refinance the EUR 5 million bonds issued three years ago and to finance renewable energy projects as well as development of sustainable mobility services. The bond issue is planned in two phases: […]
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UK insurance intermediaries after Brexit: entry to the EU market by establishing a company in Lithuania
The UK is known as the largest insurance industry in the EU and the 4th largest in the world. According to the British Insurance Brokers’ Association (BIBA), GBP 7.8 billion of European revenues are written or managed in London through Lloyd’s and the company market. So, up until now, the UK has been a leading […]