We provided legal support to PrivatBank in transferring its client portfolio and part of its assets and liabilities to Industra Bank. The total of the loans included in the transaction was approx. EUR 25 million, and the amount of deposits exceeded EUR 50 million. The transaction received the permission of the Financial and Capital Market […]
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 […]
We have provided pro bono legal assistance to the association Papardes zieds. As part of our support, we developed a privacy policy and terms of use for the Papardes zieds website, analysing issues related to data protection, consumer rights protection and the regulation of distance contracts. Papardes zieds is a non-profit organisation that aims to […]
We advised Estonian health technology company Antegenes on raising EUR 2.3 million in funding to bring its innovative genetic tests for personalised cancer prevention into wider use in healthcare, scale the team and expand to new foreign markets. The future of healthcare Antegenes raised EUR 1.6 million from investors in seed round, which was led […]
Within the Shared Mission programme, Sorainen provided pro bono legal assistance to SIA Aswell, the developer of the mobile app Aswell. We prepared the Partnership Agreement – the terms and conditions for the corporate application’s users. Preparation of the terms and conditions was particularly interesting, because they covered a new type of business model. Thus, our […]
