On 7 March 2016, after evaluating reports prepared by PricewaterhouseCoopers, the Lithuanian Competition Council (“Council”) confirmed that Polish insurance company PZU, which acquired 100 % of the shares in Lietuvos draudimas, had timely and properly fulfilled the merger conditions and obligations set by the Council on 9 March, 2014 when issuing a clearance decision for […]
SORAINEN represented the state-owned Latvian National Opera and Ballet (LNOB) in a dispute with the State Labour Inspectorate (SLI) to revoke a decision whereby an administrative penalty was imposed on LNOB. LNOB had concluded a service contract with a choral vocalist; however, SLI considered that an employment contract should have been concluded instead. The decision […]
SORAINEN assisted Markit in acquiring a controlling share in ePartner, a Norwegian B2B IT products supplier. By combining the local strength and volume of ePartner with the IT purchasing system and international reach of Markit, the aim is to create a strong market position and provide a new level of service for Norwegian customers. The […]
Deals & Cases / Raivo Raudzeps
Our Latvian team assisted an international defence, aerospace and security company. Our legal assistance included review from a Latvian legal perspective of a contract with a Latvian contracting authority in the defence sector for the provision of a through-life support service covering a particular fleet of military vehicles. Partner Valts Nerets and counsel Raivo Raudzeps […]
Deals & Cases / Raivo Raudzeps
Our Latvian team advised the client on regulatory requirements in Latvia regarding commercial activities with military goods and dual-use items, as well as other goods of strategic importance, such as on aspects related to shareholding structure, licences and requirements for premises. The client was planning to start the repair and maintenance of heavy military vehicles […]
