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We assisted the Wildix group in securing an investment from Livonia, one of the largest private equity investors in the Baltic region. Wildix is an innovative software company focused on cloud and browser-based unified communications solutions and VoIP products. Wildix has been recognised as one of the leading players in UCaaS. The purpose of the […]
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We advised a German company Klett Lernen und Information, part of the Klett Group, on acquiring full control (100% shares) of Baltų lankų vadovėliai, one of the best-known brands in the Lithuanian textbook publishing market. The first investment of Klett and entering the Lithuanian market was made in April 2023 by acquiring 40% shares of […]
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At Fintech Day 2024, Akvile Jurkaityte, Fintech Associate at Sorainen, gathered her insights and impressions of the event for the Nordic Fintech Magazine. Akvile highlighted the remarkable growth of the event compared to the previous year, emphasizing the diversity of topics covered, ranging from sustainability to artificial intelligence and payments. She expressed enthusiasm for the […]
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Sorainen advised Salv Technologies, a financial crime fighting technology startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection […]
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Assistant lawyer Natālija Ķīse compiled the material. Data protection Commission opens formal proceedings against AliExpress under the Digital Services Act Official press release: 14 March 2024 The Commission has initiated formal procedures to evaluate whether AliExpress violated the Digital Services Act (DSA) in relation to risk management and mitigation, content moderation, internal complaint […]
