Sorainen assisted WePower, a blockchain-based green energy trading platform, in obtaining a ground-breaking ruling from the Lithuanian tax authorities confirming favourable VAT treatment for issuance of cryptographic tokens. The Lithuanian tax authorities issued a positive ruling confirming that ICOs are VAT-exempt, thus allowing the client to save up to USD 7 million. WePower raised USD […]
Sorainen represents Kaspersky Lab, a leading global security software developer, in a defamation law suit against a Latvian politician. The respondent made false allegations about Kasperky’s products and business practices and associated Kaspersky’s activities with espionage. The lawsuit was filed in Riga City Pardaugava court. The client is being advised by Sorainen partner Agris Repšs […]
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Sorainen and Avokaado have concluded a cooperation agreement under which the law firm and the legal technology company will begin developing digital services for Sorainen clients in the Baltic countries and Belarus. Sorainen is the first international law firm on the Avokaado platform. As part of the initiative, Sorainen will start using the Avokaado software […]
Clifford Chance has published an easy-to-use free-of-charge digital Employment Law Guide covering the EU and other key jurisdictions. Topics include: How employees are engaged, remunerated and dismissed Employee consultation, works councils and unions Costs associated with employment Protecting confidential information and business interests Rights of employers and employees during and after employment. Sorainen Employment teams […]
SEB bank has leased premises in a new business centre currently under construction. The bank has rented almost the whole area of the business centre and signed the highest-value lease agreement in Lithuania so far this year. The project is expected to be finished by 2020. A class ‘A’ business centre with total area is […]