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We successfully represented the client during an investment contract dispute as a result of which the acquisition of real estate was financed and the conditions of return on investment were agreed. Finding a compromise The contract parties had different views on the terms and conditions of return on the investment and on the impact of […]
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We advised Crespect, the developer of the intelligent cloud-based legal practice management system for law firms globally, on raising EUR 605 000 in a seed round. The new funding will help to finalise the commercial version of the system and launch it internationally. The backbone of a modern law firm The Crespect system provides all […]
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Below you can find our quarterly TMT newsletter, covering statistics of GDPR-related fines and transposition of the European Accessibility Act in the Baltics, as well as updates about the deployment of 5G in Estonia and Lithuania. TMT Insight Transposition of the European Accessibility Act in the Baltics The European Accessibility Act sets out new product […]
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Sorainen advised BITE Latvija, one of the biggest ICT companies in Latvia providing mobile and fixed communication services, on a major legal project involving obtaining of the rights to use frequencies enabling 5G services. In order to start providing 5G services, Bite Latvija needed to acquire permission from the Latvian Public Utilities Commission (PUC) to […]
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As of 1 November 2022, stricter requirements for the activities of virtual currency exchange operators and depository virtual currency monetary operators (VASP) entered into force in Lithuania. These requirements are provided by the amendment to the Money Laundering and Terrorist Financing Prevention Law of the Republic of Lithuania (PPTPF Law). Among the new requirements, minimum […]
