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 […]
News
36% of organisations have experienced economic crime during the past 2 years 22% of organisations have not carried out a single fraud risk assessment during the past 2 years One in ten economic crimes are discovered by accident → as stated by PwC’s Global Economic Crime Survey 2016 Sorainen’s White Collar Task Force strengthens Having […]
Sorainen advised Olympic Entertainment Group on the merger of two regulated businesses in Lithuania. Orakulas, including its assets, obligations and rights, is now merged into Olympic Casino Group Baltija. Olympic Entertainment Group is a leading group of gambling companies, with operations in the Baltic States, Slovakia, Italy and Malta. After the merger, Olympic Casino Group […]
Deals & Cases / Eva Berlaus, Viktorija Cherkas
Sorainen Latvia assisted EUROCASH1 group in acquiring cash collection company CBL Cash Logistics from Citadele banka. As a result of the transaction and further reorganisation, EUROCASH1 group will significantly strengthen its position in the Latvian cash collection services market in addition to increasing its current turnover. Eva Berlaus, Country Managing Partner and senior associate Viktorija […]
News
Sorainen senior associate Artûras Asakavièius will be leading the Fintech Lithuania Group established by the Infobalt association and uniting more than twenty members. The group was established to exploit the potential of the fintech sector, currently one of the fastest growing sectors in Lithuania. A number of fintech start-ups and international companies have announced their […]