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Deals & Cases
We are advising US company Rocket Software on opening a development centre in Vilnius. Founded in 1990 in Boston, Massachusetts, and currently employing 1500 people around the world, Rocket Software plans to hire more than 200 engineers and programmers in Lithuania in the next 2-3 years. Says Andrew Baldrian, VP of Engineering at Rocket Software: […]
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We advised Bolt, the leading European transportation platform, on concluding a EUR 50 million quasi-equity facility agreement with the European Investment Bank (EIB), the European Union’s long-term lending institution. Bolt plans to invest this funding into improving and expanding our ride-hailing technology and personalised mobility services, like food delivery. The funding will also enable Bolt […]
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We represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]
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Deals & Cases
On 13 January a Lithuanian Supreme Court ruling established new case law in Lithuania on the extent of employers’ obligation to inform and consult with employee representatives. In a dispute between employee representatives and their employer, the court reached a decision in favour of the employer, represented by our team. Failure to reach consensus does […]
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We advised Data Delivery LLC, the Belarus-based developer of the RocketData.io platform for managing business reputation and online data, on implementing share options for employees under the special regime of the High-Tech Park where Data Delivery is a resident. The Sorainen team of partner Maksim Salahub with senior associate Viktoryia Mikhnevich and associate Aliaksei Vashkevich […]
