From 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning & Planning, Land, and Employment will enter into force in Lithuania. These amendments are incentives to local and foreign investments in large projects developed in the fields of processing manufacturing, data processing or hosting services. A large project is […]
We advised an international oil trading company and its cooperation partner – a company operating the port terminal in Liepaja ‒ in multi-party negotiations for claims arising out of contamination of oil products. About the dispute The products were partially contaminated while they were being loaded on board ship. The dispute arose with regard to the […]
Sorainen helped SIA “Novadu Ziņas” – the publisher of Neatkarīgās Tukuma Ziņas – successfully defend their interests before the Latvian Media Ethics council regarding ethics violations committed by the publisher “Tukuma Balss”. Breaches of the Code of Ethics On 18 June 2020, in light of a complaint submitted by SIA “Novadu Ziņas”, the Board […]
According to the recently released Chambers and Partners legal rankings, our firm is ranked in Band 1 in the Private Wealth Law area in Lithuania. The legal directory states: “Sorainen’s private wealth expertise is drawn from across this pan-Baltic firm’s departments, including its highly regarded tax, corporate and disputes teams.” Researched in Lithuania for the […]
We advised Koinvesticinis fondas on investing in Nanoenergija – a Lithuanian startup which has developed vibration energy harvesting technology to power wireless IoT sensors. A total of EUR 180,000 has been invested in the startup by Koinvesticinis fondas (EUR 126,000) and LitBan (EUR 54,000). Although Nanoenergija developed their technology only at the beginning of this […]
