Deals & Cases
Žurnalų leidybos grupė (ŽLG), publisher of the popular Lithuanian magazines “Žmonės”, “Laima”, “Ji” and “Edita” and operator of the portals Žmonės.lt, Ji24.lt, Elaima.lt and Shopspy.lt, intends to transfer its business to Media bitės. Media bitės is managed by Tomas Balžekas, former manager of news portal 15min.lt and news agency Baltic News Service (BNS). The parties […]
Deals & Cases
Eltel has signed an agreement to sell its business operations in Estonia to Estonian Tecnolines, a company which operates in the Estonian networks design, construction and maintenance sector. Eltel’s Estonian unit comprises power, telecommunication and gas infranet services and currently employs approximately 300 people. In 2016, these operations generated net sales of EUR 26.3 million […]
News
Sorainen’s tax expert Kärt Anna Maire Kelder spoke at a conference held in Tallinn on 7 September where tax experts, politicians, and scientists discussed the present conditions in the European tax law. Kärt was a speaker on the panel that discussed the mandatory disclosure rules approval. Having been openly critical of the European Commission’s proposed […]
Deals & Cases / Agris Repšs, Valts Nerets
Sorainen provided legal advice to Regional Investment Bank – a credit institution in Latvia established in 2001 – as a mortgage creditor in a complex situation where the bailiff had initiated a forced sale of m/v Falcon by auction based on a maritime lien and a ship repair company had used its rights of retention […]
Sorainen defended the interests of Eurocash1 in a legal process concerning a prohibited vertical agreement, a process which continued for more than eight years. An agreement was made among G4S and the three biggest banks in Lithuania. According to the agreement, the banks were obliged to buy cash-handling services exclusively from G4S. A complaint about […]
