Sorainen advised PlusPlus on registering in a Public List of Consumer Credit Providers in Lithuania. In expanding its operations, PlusPlus is planning to acquire and administer consumer loan portfolios in Lithuania. A member of the PlusPlus group of companies, PlusPlus is owned by a pan-Baltic receivables management company with offices in Tallinn, Riga and Vilnius. […]
News
A seminar on “Legal weapons to fight corporate crime directed against your company” was held in Riga on November 23. The main issues covered at the seminar to take into account and keep in mind are: Ensure internal processes are working: you need to show what rules were breached. Do not act on impulse. Fate […]
Sorainen represented Meseta in a case involving the 0% VAT rate. The Lithuanian Supreme Administrative Court ruled that tax administrators had unjustifiably imposed EUR 2 million in VAT, fines and interest on Meseta for allegedly unfair application of 0% VAT rates. The Court declared that the State Tax Inspectorate and other institutions that examined the […]
Sorainen is advising Owens Corning on the acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe. The total disclosed value of the acquisition of Paroc Group facilities in Finland, Lithuania, Poland, Russia and Sweden is EUR 900 million. NYSE-listed Owens Corning develops, manufactures and markets insulation, […]
News
Maksim Salahub and Viktoryia Mikhnevich co-authored the Belarusian chapter of an oversight reference book under the supervision of the All China Lawyers’ Association (ACLA) and dedicated to the “One belt – one road” initiative*. The two-volume reference book of over 2,500 pages reviews the legal regulatory and business environment in the 43 countries participating in […]