On 5 October, the European Parliament adopted a Regulation on European Crowdfunding Service Providers for Business. The regulation entered into force on 20 October 2020 opening much wider opportunities for crowdfunding service providers, investors, and project owners looking for alternative sources of financing, as well as for Lithuania. Easier access to new markets for crowdfunding […]
Our team advised on establishing the State Aid Fund for Business which will invest public and private funds in medium and large enterprises affected by Covid-19. This is the first fund of its kind in the Baltic states. The planned size of the fund’s investment portfolio is EUR 1 billion. The Lithuanian government will provide […]
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According to the recently released IFLR1000 rankings, Sorainen is the highest ranking law firm in the Baltics and Belarus. We are also the only law firm that has earned the highest ratings in all ranked areas in Lithuania, Latvia and Estonia. Additionally, as many as 30 Sorainen lawyers have been ranked by the legal directory. […]
Review of European Administrative Law (REALaw) – which publishes manuscripts (scientific articles), book reviews and case notes ‒ has released issue 3. Our counsel Mārtiņš Rudzītis in the case law analysis section prepared the article – Legal Standing in Annulment Actions for the Withdrawal of the Banking License. ECJ 5 November 2019, ECB v Trasta […]
Deals & Cases / Tomas Kontautas, Sergej Butov, Dalia Augaitė, Inga Macijauskaitė, Agnė Sovaitė, Evaldas Dūdonis, Rimantas Bendorius, Asta Augutytė-Rapkevičienė, Julija Kirkilienė, Svetlana Rudaja, Saulė Dagilytė, Gerda Skirbutienė, Sidas Sokolovas, Almina Ivanauskaitė, Rūdolfs Eņģelis, Inese Heinacka, Kätlin Krisak
Our team has been advising the state-owned energy company Ignitis Group in preparation for the initial public offering (IPO) and admission to trading on the Vilnius and London stock exchanges. Through the IPO, the group will offer investors 20.9 million shares (27.8% of the issued capital). Some of the shares will be distributed on the […]