Sorainen is advising Providence Equity Partners on the acquisition of Swedish media holdings Modern Times Group (MTG) business in the Baltics. The total disclosed value of the acquisition in all three Baltic States is EUR 115 million. Providence Equity Partners is a premier global asset management firm with USD 50 billion in assets under management […]
Sorainen Estonia is advising Nettbuss, Norway’s leading bus operator, on acquisition of 15% of Estonian technology company T solutions. According to Andres Osula, Chairman of the Supervisory Board of T solutions, the Norwegians will become strategic investors in the company. He adds that even though T solutions is currently able to serve its customers and […]
A competitor of Olympic Casino, a leading provider of casino entertainment in Latvia, applied for registration of the trade mark “Olimps Kazino”. Sorainen prepared and filed an opposition arguing that the trade mark conflicts with the earlier trade mark of Olympic Casino. The Board of Appeal decided in favour of Olympic Casino Latvia and declared […]
Sorainen Belarus in cooperation with Sorainen Estonia acted as legal counsel for the European Bank for Reconstruction and Development on the extension of a EUR 10 million loan to Vitebsk Sawmill Unitary Enterprise (Vitebsk Sawmill). The loan agreement was signed on 13 December 2016 to support the company’s strategic growth, double its manufacturing capacity, introduce […]
The Latvian Supreme Court (SC/Court) has decided to partially satisfy a complaint by SIA Bauskas Dzîve (Bauskas Dzīve), publisher of the newspaper Bauskas Dzīve against a decision of the Administrative District Court, which had refused to initiate a case on the basis of Bauskas Dzīve’s application against the conduct of the Council of Iecava Region, publisher […]
