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Sorainen represented Meseta in a case involving the 0% VAT rate. The Lithuanian Supreme Administrative Court ruled that tax administrators had unjustifiably imposed EUR 2 million in VAT, fines and interest on Meseta for allegedly unfair application of 0% VAT rates. The Court declared that the State Tax Inspectorate and other institutions that examined the […]
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Sorainen is advising Owens Corning on the acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe. The total disclosed value of the acquisition of Paroc Group facilities in Finland, Lithuania, Poland, Russia and Sweden is EUR 900 million. NYSE-listed Owens Corning develops, manufactures and markets insulation, […]
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News
Maksim Salahub and Viktoryia Mikhnevich co-authored the Belarusian chapter of an oversight reference book under the supervision of the All China Lawyers’ Association (ACLA) and dedicated to the “One belt – one road” initiative*. The two-volume reference book of over 2,500 pages reviews the legal regulatory and business environment in the 43 countries participating in […]
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Sorainen regularly consults international film festival Kino pavasaris on employment and intellectual property law matters. Kino pavasaris, the main key cultural event in Lithuania, has been operating since 1995. The Sorainen team, led by partner Žygimantas Pacevičius, consists of counsel Stasys Drazdauskas, senior associates Agnietė Venckienė and Jurgita Karvelė, with associates Aurelija Daubaraitė and Juliana […]
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Sorainen advised Finnish fund YCE Housing I, managed by Vicus Capital Advisors Limited, on investment in Stage I of the ‘Raitininkų sodai’ residential construction project in Vilnius. The project, developed by Lithuanian construction company YIT Kausta, involves construction of a complex of 210 modern apartments in a strategically attractive area in Vilnius close to the […]