-
More flexibility and clear priorities We advised Luminor Bank on the sale of its Head Office building in Riga, Latvia. Investors represented by Colonna acquired the property, on Skanstes 12, through purchase of the property holding company SIA Skanstes 12. As part of the transaction, Luminor signed a 10-year lease for the whole building, on […]
-
Deals & Cases / Kristjan Nõmmik, Monika Tomberg
We advised Intrum on buying Danske Bank’s Estonian portfolio of overdue loans. Intrum is a market-leading innovative credit management company with extensive experience in financial and collection services and a presence in 24 European countries. Enhancement of Intrum’s market position Intrum acquired Danske Bank’s Estonian portfolio of overdue loans, which enhances Intrum’s market leading position […]
-
Dear clients and co-operation partners, As summer vibes seem to be just around the corner, we are delighted to share with you our summary of the main legal and business news in Belarus for the first few months of 2019. As at the end of 2018, the Belarusian-Russian relationship is the main provider of news […]
-
We advised Holm Bank, as successor to Koduliising AS ‒ which was one of the largest consumer credit providers in Estonia ‒ in obtaining a credit institution licence. Holm Bank is the first credit institution in Estonia to receive a licence from the European Central Bank under the new European Union Single Supervision Mechanism framework. […]
-
Deals & Cases / Laurynas Lukošiūnas
Sorainen represented Russian commercial bank Alfa Bank in a case concerning recognition of a London Court of International Arbitration decision in Lithuania. After the Lithuanian Court of Appeal decided in favour of our client, the forced recovery of EUR 20 million from the owner of Arvi group, Vidmantas Kučinskas, is under way. The decision of […]
