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Assistant lawyer Nikola Cīparsone compiled the material. Technology & intellectual property Artificial Intelligence Act: European Parliament and the Council reach provisional agreement Reached: 9 December 2023 The AI Act introduces dedicated rules for general purpose AI models that will ensure transparency along the value chain. Specific banned applications of AI are set, as well as […]
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Linstow, one of the leading real estate developers in the Baltics, has expanded its real estate portfolio in the Riga Central Station area, acquiring seven new properties from three different sellers. At the core of the acquired properties are three land plots with a joint development potential exceeding 25,000 m². The total value of the […]
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News / Private: Olga Solovyanchik
Sorainen is pleased to announce that Sorainen Lithuania has oficially joined the United Nations Global Compact initiative. The initiative is a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. This makes us the first law firm not only in Lithuania, but in the Baltic region to join the UN Global […]
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We advised Nordcurrent, one of the largest video game developers and publishers in Lithuania, on the acquisition of Swedish game studio River End Games. With this acquisition, the company aims to strengthen its position in the console and personal computer gaming segment. “We are seeking to expand our activities beyond mobile games. We are also […]
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On 3 May 2023, the European Commission presented a proposal for a directive of the European Parliament and of the Council on combating corruption, replacing Council Framework Decision 2023/568/JHA and the Convention on the Fight Against Corruption Involving Officials of the European Communities or Officials of Member States of the European Union and amending Directive […]
