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Lufthansa Group becomes strategic investor in airBaltic
We assisted the Ministry of Transport and the Latvian state in signing an agreement with Lufthansa Group, a strategic investor in airBaltic. According to the transaction documents signed, Lufthansa Group will acquire a convertible share representing a 10% stake in airBaltic, which will be issued at a subscription price of EUR 14 million. Additionally, Lufthansa […]
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AI innovation set to transform chest X-ray reporting
We advised Oxipit, an AI medical imaging application developer, on a major partnership deal. On 17 February 2025, Unilabs, a leading European diagnostic services provider, announced the selection of Oxipit’s AI solutions to be deployed for chest X-rays throughout Unilabs’ European network. With this collaboration, two great companies are paving the way to better and […]
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Fintelligence reputation check with the help of AI
In last year’s Shared Mission project, we provided pro bono legal assistance to Fintelligence during the development phase of its reputation check IT tool. About Fintelligence Fintelligence has developed a reputation-checking IT tool using AI and machine learning, searching and analysing information in 100+ languages. The solution provides a reputation and risk assessment (security, sanctions, […]
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Rheinmetall, EPSO-G Invest and Giraitės ginkluotės gamykla enter into strategic partnership
We advised Giraitės ginkluotės gamykla, the largest military and civilian ammunition manufacturer in the Baltics, on entering into partnership with the German defence technology company Rheinmetall, the Lithuanian energy transmission and exchange group EPSO, and the state-owned company Valstybės investicinis kapitalas (State Investment Capital). A shareholders’ agreement was concluded to regulate the acquisition of shares […]
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Corporate crime investigation and compliance issues in 2024
Looking back at the past year, Dr Violeta Zeppa-Priedīte, Head of Sorainen Latvia Corporate Crime Practice, notes: “In order to provide business clients with the most comprehensive and convenient range of legal services, criminal law is one of the areas of law in which Sorainen continues to provide assistance. Looking back at what we have […]