We assisted the Swedish-based company Storskogen in acquiring a majority of the shares in Scandia Steel – a leading Scandinavian supplier of steel pipe piles in foundation and foundation reinforcements. Manufacturing takes place in Kretinga, Lithuania Scandia Steel has 94 employees and a turnover of almost EUR 40 million. The company’s product development and sales […]
We advised a Latvian mass media platform and their journalists concerning the initiation of criminal proceedings due to lasting and repeated persecution of the journalists, including threats and unwelcome, persistent, and disruptive communication with particular representatives of this media platform. Pro bono assistance to media platform and journalists Affected by a third party’s repeated threatening, […]
Sorainen Belarus advised the International Finance Corporation (IFC) in connection with its lending of an amount of BYN equivalent to USD 10 million to Priorbank. The loan is aimed at supporting the borrower’s working capital, as well as its trade-related lending programme for Belarusian small and medium enterprises (SMEs) in direct response to the COVID-19 […]
We provided legal assistance to a well-known Latvian band, Astro’n’out, who were selected to compose a song – the anthem for the IIHF Ice Hockey World Championship 2021, to be held in Riga, the capital of Latvia. Essence of the legal assistance We provided legal assistance, highlighting copyright issues regarding the rights of the song […]
On 13 May 2021, VSIA Rīgas cirks and Aidaco Group entered into a contract to reconstruct the building of Rīgas cirks (Riga Circus). Contract value: EUR 3,201,364.43 + VAT. Project The project is vital because it involves reconstructing an architectural monument of national significance (namely, the historically significant and unique Rīgas cirks building). These works […]