In 2016, the Structured Criminal Settlements Subcommittee (SCSS) of the IBA Anti-Corruption Committee commenced a two-year project entitled, ‘Towards Global Standards in Structured Settlements for Corruption Offences.’ The objective of this project was to map the evolving settlement practices for corruption cases of countries across the globe. Reports based on a distributed questionnaire have been […]
News
On 8 December 2018, a report entitled “Structured Settlements for Corruption Offences: Towards Global Standards?” edited by the Anti-Corruption Committee of the International Bar Association (IBA) was published. The report was produced as part of an Organisation for Economic Co-operation and Development (OECD) project on structured settlement standards in global corruption cases. The objective of […]
Deals & Cases / Laurynas Lukošiūnas
Sorainen represented Russian commercial bank Alfa Bank in a case concerning recognition of a London Court of International Arbitration decision in Lithuania. After the Lithuanian Court of Appeal decided in favour of our client, the forced recovery of EUR 20 million from the owner of Arvi group, Vidmantas Kučinskas, is under way. The decision of […]
Sorainen assisted Technopolis Lietuva in concluding a lease agreement with SEB Global Services. SEB has leased office premises in the new Technopolis business centre currently under construction. It is the highest value lease agreement in Lithuania in 2018. SEB will take up 12,500 m2 which is approx 47% of the total area of the Nova […]
Sorainen assisted Pontos Group and its Estonian subsidiary, Pontos Baltic, on the sale of the RYO shopping centre to EfTEN Real Estate Fund 4 managed by EfTEN Capital. The shopping centre ‒ with a total retail area of over 24 thousand m2 ‒ was sold for EUR 47 million. It is one of the largest commercial real estate transactions in the […]
