SORAINEN Lithuania advised the very first Lithuanian payment initiation service provider, Mistertango, on providing payment initiation services in an unregulated market. On 8 October 2015 the European Parliament voted to pass the revised Directive on Payment Services (the PSD2). However, the PSD2 has not yet been implemented in Lithuanian legislation so that some legal uncertainty […]
February 2016 is expected to see the launch of a single market of medicines in the framework of the Eurasian Economic Union, which may be a game changer in the industry. Currently over 30 draft acts have been adopted, establishing EEU rules and principles for movement of medicines and covering such issues as registration, clinical […]
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On 28 January 2016, partner Rûdolfs Eòìelis presented a guest lecture at the Riga Graduate School of Law (RGSL). The lecture focussed on bank restructurings and was part of the RGSL’s course on Banking and Securities Law. Together with the SORAINEN Banking and Finance team, Rûdolfs has been involved in the restructuring of Parex banka […]
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Darius Raulušaitis, who served as temporary Prosecutor General of the Republic of Lithuania for half a year in 2015 and as Deputy Prosecutor General for five years, has joined law firm SORAINEN. He will be advising clients on financial, economic, tax plus other crime related cases and investigations. Comments Kæstutis Švirinas, partner and head of […]
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Mergermarket have announced the M&A legal experts’ ratings for 2015. SORAINEN is a leader among law firms in the Baltics and Belarus and is the only law firm to be included by Mergermarket in the TOP 15 law firms in the Central and Eastern European region. SORAINEN’S leading position was assured by a successful performance […]