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Deals & Cases
Sorainen Estonia advised Hobbiton, the Estonian handicraft log home producer, on its merger with another Estonian log house producer, Saulerman. The merger agreement was signed last week. The company will continue operating under the Hobbiton name. With 52 employees on the payroll, the company is a substantial employer in the local community in Southern Estonia. […]
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Tallinn City mayor Taavi Aas has formed a working group tasked with developing an anti-corruption strategy for the city. The Sorainen white-collar investigation team, consisting of counsel Norman Aas, partner Carri Ginter and associate Merika Nimmo, has been invited by Tallinn City government to participate in the working group as external advisor. The Sorainen team […]
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Sorainen advised real estate management and development company MG Valda on the sale of the Verslo trikampis business complex. Verslo trikampis was acquired by real estate fund LIM Verslo trikampio NT fondas, which is controlled by fund management company Lewben Investment Management, which in turn is owned by the Lewben Group. The value of the […]
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Sorainen successfully represented Mindaugas Marcinkevičius, a minority shareholder in VP grupė, against claimant Vilniaus prekyba, which was seeking an order for Mindaugas Marcinkevičius to pay approx EUR 81 million on account of his alleged action to stop the sale of Akropolis shopping centres several years ago. The Vilnius City District Court dismissed Vilniaus prekyba’s action. […]
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Sorainen Estonia advised Taxify, an Estonian startup that competes with Uber across Europe and Africa, on closing USD 175 million in a new funding round that takes its valuation to the USD 1 billion mark. The round was led by German automotive giant Daimler. The investment also featured participation from new backers in the shape […]