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We advised the Latvian Sports Federation Council in relation to the formation of a possible sports governance model with only one organisation at its centre. The aim was that this new organisation could result from the reorganisation of the Latvian Sports Federation Council and the Latvian Olympic Committee. Reorganisation via merger is a legal tool […]
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We provided full legal support to the Finnish special mutual fund Titanium Baltic Real Estate (Titanium) in its acquisition of the Ozols shopping centre in Riga from KS Holding, a real estate company co-owned by Kesko, Arturas Rakauskas and Zabolis Partners. The transaction was structured as a share deal and is Titanium’s first acquisition in […]
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We provided consultation to an international group of companies engaged in the transportation business on the legal effects and consequences deriving from economic sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC) as per Latvian law. Our team The client was advised by country managing partner Eva […]
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As part of an assignment for an international private equity player seeking to acquire a target in Latvia, in addition to the standard legal due diligence process usually conducted prior to M&A transactions, we also conducted a compliance review, focusing on the corruption risks, AML risks, anti-trust risks and corporate governance risks of the target […]
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Sorainen, in cooperation with Wolf Theiss Poland, assisted iCotton, a manufacturer of high-quality hygiene and cosmetic products, which is one of the industry leaders in innovation and has production facilities in Latvia and Poland, in obtaining financing from ALTUM capital fund (ALTUM Kapitāla fonds) worth EUR 10 million. Obtained loan The loan obtained will improve […]
