We assisted asset management group Invalda INVL in completing the acquisition of Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia, and Estonia. INVL will now be able to offer both existing and new clients additional tailored […]
We successfully represented basketball club Žalgiris in a case against the Lithuanian Competition Council before Vilnius Regional Administrative Court. The Competition Council fined the Lithuanian Basketball League and 10 of its clubs for an alleged anti-competitive agreement according to which they allegedly decided not to pay salaries or other compensation to their basketball players for […]
We are pleased to announce that Sorainen Belarus team contributed to the Belarusian chapter of the Drug & Medical Device Litigation guide 2022 published by Global Legal Group Ltd, London. The team working on the Belarusian chapter included the head of Sorainen’s Life Sciences sector group, counsel Marina Golovnitskaya, partner Kirill Laptev, associates Veranika Amelyanchuk […]
The Constitutional Court pronounced a ruling in which it acknowledged that the prohibition on carrying out commercial activities at large shopping centres imposed on JYSK from 7 April 2021 to 19 May 2021 unlawfully restricted the property rights of JYSK and created unjustified unequal treatment towards other merchants. COVID-19 restrictions on trade With the aim of reducing the spread […]
Nine partners from three different countries joined the Sorainen partnership at the beginning of the year. This new wave of leaders will strengthen six of our international teams: Dispute Resolution & Risk Management, Corporate and M&A, Finance & Insurance, Tax, Real Estate & Construction, and Competition & Regulatory. The new partners include five Lithuanians, two […]