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Sorainen regional team events highlights
August and September have been busy, but also fun at Sorainen. Our practise groups and business services teams gathered to discuss, engage, and spend quality time together during our Sorainen regional team events. The REC team was first to open the season of regional meetings and visited Munich this spring. Other workcations were held in […]
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EU Dictionary of Insolvency Terms
We contributed to the EU Dictionary of Insolvency Terms, prepared by the international law firm DLA Piper, as regards the insolvency and restructuring legal frameworks in Latvia, Lithuania and Estonia. This invaluable resource provides a concise overview of all the corporate, personal and partnership insolvency proceedings for each EU member state. Each proceeding is briefly […]
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Nissan transfers all its operations in three Baltic markets to Nordic Automotive Services
We assisted Nissan Nordic Europe with the conclusion of an agreement with Bassadone Automotive Nordic on becoming the importer of new Nissan vehicles, parts and services in Estonia, Latvia and Lithuania under the entity Nordic Automotive Services. Under the partnership, all Nissan operations as well as all Nissan’s employees in the three Baltic markets will […]
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Nord Security attracts USD 100 million investment
We advised the US private equity company Warburg Pincus to invest in the world-leading Lithuanian cyber security company Nord Security. In this investment round, Nord Security attracted USD 100 million and reached a value of USD 3 billion. Warburg Pincus is a new investor in the company. Existing investors Novator Ventures and Burda Principal Investments […]
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European Legal update 12.09. – 25.09.
Assistant lawyer Nikola Cīparsone compiled the material. Tax Press release: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses Published: 12 September 2023 The European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. The proposal, “Business in Europe: Framework for Income […]