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Sorainen’s team of lawyers successfully represented the insurance company If P&C Insurance AS in legal proceedings which involved complicated issues of insurance law, regulation of consumer rights, competition law, and the boundary between civil proceedings in court and supervision by supervisory authorities during administrative proceedings. The proceedings also involved a number of complex procedural issues, […]
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We acted as transaction counsel in the up to EUR 80 million bond programme for Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. The Bond programme was arranged by Skandinaviska Enskilda Banken AB Helsinki Branch. For the time being Conexus Baltic Grid has decided to postpone its inaugural first issue. […]
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We assisted the client, a business established in Hong Kong belonging to a group of Spanish-based IT and telecommunications entities, in recovering funds (approx. EUR 1 million) that were arrested in Latvia as part of criminal proceedings. The client’s funds were considered to possibly be suspicious and relating to money-laundering activities. In the past couple […]
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Deals & Cases / Sergej Butov, Jānis Bite, Vaiva Mašidlauskienė, Laura Matuizaitė-Mikštė, Piret Jesse, Pirkko-Liis Harkmaa, Triin Ploomipuu, Mirjam Vichmann, Liisa Maria Kuuskmaa, Marcus Niin, Andra Grünberg, Eva Lennuk, Eva Berlaus, Zanda Frišfelde, Linda Sarāne-Reneslāce, Māris Simulis, Agneta Rumpa, Līva Aleksejeva, Asta Augutytė-Rapkevičienė, Kęstutis Švirinas, Jurgita Karvelė, Kazimieras Karpickis, Stasys Drazdauskas, Auksė Trapnauskaitė, Vitalija Impolevičienė, Svetlana Rudaja, Julija Kirkilienė, Goda Drąsutė, Juliana Pavilovska, Gabrielė Raižytė, Sidas Sokolovas, Sandra Aleksandravičienė, Erikas Linkevičius, Barbora Bernatonytė, Simonas Šlitas
Certares, a US-based investment specialist dedicated to the travel, tourism and hospitality sectors, acquired a stake in Avia Solutions Group (ASG). Certares will provide a EUR 300 million structured equity investment to ASG. The transaction is subject to customary conditions and approvals and is expected to close in Q4 2021. Our pan-Baltic team conducted legal due […]
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We are advising Primekss, the Latvian company active worldwide in the fibre reinforced concrete business, in securing financing from Altum (EUR 8 million) and the OP Corporate Bank plc Latvian branch to promote the further growth of Primekss. Supporting development Primekss owner Jānis Ošlejs says, “The funding from Altum equity fund for our development is vitally […]
