Sorainen advised the Latvian subsidiary of Antalis, a leading global paper and packaging distributor operating in over 43 countries, in the sale and leaseback of an industrial plant located in Latvia, with an approximate transaction value of 4 million EUR. Sorainen advised the client through drafting the real estate sale and lease agreement, negotiations between […]
Contrarian Ventures, advised by Sorainen, won a tender to become manager of a venture capital fund established by Lietuvos Energija. The state-owned energy company invested EUR 5 million in the fund. The same amount is expected to be attracted from other investors. The total amount of the fund could reach EUR 10 million. The fund […]
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At its 2017 “European Women in Business Law Awards” ceremony on 15 June, Euromoney Legal Media Group recognised Sorainen as the Best in the Baltics. The European Women in Business Law Awards recognize and celebrate companies with the best initiatives for gender diversity, innovations, minority women, mentoring, work-life balance, pro bono work and talent management, […]
Sorainen advised Harbortouch, a major provider of touch-screen point-of-sale (POS) systems and payment services in the USA, on launching operations in Vilnius. A product creation and development unit in Vilnius is to employ 80-90 people over the next few years; plans also involve establishing a global call centre in the Vilnius office. According to Jared […]
Sorainen represented international bank Alfa Bank in a dispute over loans personally granted by Vidmantas Kučinskas to Arvi NKP, which operates a fertilizer factory in Kaliningrad. Alfa Bank lent over EUR 10 million to Arvi NKP, according to contracts made in 2012-2014. In 2015 one of the Arvi group companies faced financial problems and Vidmantas […]