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Possibility to extend approaching deadline for filing annual reports with the State Revenue Service (SRS) The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file with the SRS an annual report ‒ approved by the shareholders’ meeting ‒ no later than one month after approval and no later than four […]
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Publication / Toms Vilnis
The state of emergency declared due to the Covid-19 pandemic has forced the Ministry of Justice and the Parliament to update the Commercial Law at short notice, introducing new provisions on remote participation and voting at a shareholders’ meeting. The amendments cover meetings of both SIA and AS shareholders and came into force on 22 March 2020. […]
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On 20 March 2020 the Latvian parliament passed a special law on support measures related to the COVID-19 pandemic. The law enters into force retroactively, as of 12 March 2020, when a state of emergency was declared in Latvia. The law contains provisions on the following support to companies registered in Latvia: State-funded salaries to […]
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We assisted Wasserman, a leading global sports agency, in acquiring Lithuanian basketball agency BBaltics. As part of the acquisition, BBaltics founder Tadas Bulotas will join Wasserman as Vice President, International Basketball. Wasserman and BBaltics, one of the most respected European basketball representation practices, have been partnering since 2012, with Wasserman representing and supporting clients playing […]
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Chambers Global 2020 released its law firms rankings where Sorainen is ranked as Tier 1 law firm in Estonia. In the field of Corporate and M&A, our Estonian office partners Toomas Prangli, Paul Künnap, Piret Jesse and Aku Sorainen are recommended as notable practitioners. “Excellent practice with significant strength representing large domestic clients and foreign investors operating at a […]
