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B2B payment service provider Hokodo attracts EUR 100 million investment
We advised B2B payment service provider Hokodo on raising EUR 100 million financing in the form of a multi-jurisdictional securitisation transaction. The financing was provided by Viola Credit, a global alternative credit asset manager. With this new financing, Hokodo will facilitate more than EUR 1.5 billion of B2B transactions over the next 24 months. The […]
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CV Keskus acquires the job board cv.lt
We advised the company CV Keskus in acquiring the job board cv.lt, owned by UAB Verslo žinios. Verslo žinios established the high-standard job platform cv.lt in 1999. With this acquisition, CV Keskus, belonging to the Swiss media group Ringier and operator of leading job marketplaces in the Baltic countries, expands its portfolio of job platforms, […]
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Sorainen participated in an international project to compile an overview of the implementation of the DSM Directive
Our senior associates Olivia Kranich (Estonia) and Stasys Drazdauskas (Lithuania), and associate Lūcija Strauta (Latvia), contributed to the project led by the international law firm Bird & Bird partner Pawel Lipski by providing an overview of the implementation of the DSM directive (Directive (EU) 2019/790 of the European Parliament and of the Council of 17 […]
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Joint venture established by Roland DG and VEIKA starts its operations
We advised the world’s leading provider of digital printing solutions Japan-based Roland DG, in establishing a joint venture DG Dimense with the Lithuanian company Veika. Veika is a manufacturer and vendor of wallpaper and digital printing-related products. The joint capital company of Lithuania and Japan will continue to develop DIMENSE™ wide-format digital printing technology, which is […]
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Court rules in favour of Kalnapilis-Tauro Group in of non-alcoholic beer advertising case
The Supreme Administrative Court of Lithuania adopted a decision in favour of our client the Kalnapilis-Tauro Group in a case regarding a fine imposed by the Drug, Tobacco and Alcohol Control Department (DTACD) for advertising Tauras Tradicinis nealkoholinis (Tauras traditional non-alcoholic) non-alcoholic beer. The court upheld the appeal of the Kalnapilis-Tauro Group and annulled the […]