Sorainen successfully represented Valdas Šarūnas, a former director of Kėdainių aruodai, in a case concerning compensation for damages related to company losses. Last year Kėdainių aruodai blamed the former manager for a bad harvest and related losses and claimed more than EUR 1 million in the Kaunas Regional Court. On 11 October, 2018 the Court […]
Deals & Cases
Sorainen advised Livonia Partners and its portfolio company Ha Serv on a merger with another leading wood manufacturing company, Thermory. The merger agreement was signed on 27 July 2018 and the transaction was completed at the end of October. The merger of Thermory, the leading producer of thermally modified wood, and Ha Serv, Europe’s largest […]
Sorainen advised Primekss, one of the most innovative Latvian companies in the building industry, in patent litigation. Primekss owns a valuable building-industry patent that has gained global recognition and numerous industry awards. Primekss filed a claim against a Latvian construction company for use of Primekss’ patent technology in building a warehouse. The first instance court […]
Deals & Cases
Sorainen Latvia is advising Estonian company Baltic Bioethanol, which plans to construct a production facility in Bauska industrial park, where it will invest up to EUR 150 million. The unit will produce second-generation bioethanol from biomass. In this particular case the raw material will be straw, to be purchased from farmers in Latvia. The project […]
Sorainen helped TUI ‒ the world’s biggest travel group ‒ in preparing a franchise agreement with TT and entering the Baltic market. The franchise agreement contains conditions specifically suited to TUI, which maintains travel agencies, tour operators and leading travel online portals in all major source markets and holiday destinations worldwide. As a first-time experience […]