We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]
We advised an international oil trading company and its cooperation partner – a company operating the port terminal in Liepaja ‒ in multi-party negotiations for claims arising out of contamination of oil products. About the dispute The products were partially contaminated while they were being loaded on board ship. The dispute arose with regard to the […]
Sorainen helped SIA “Novadu Ziņas” – the publisher of Neatkarīgās Tukuma Ziņas – successfully defend their interests before the Latvian Media Ethics council regarding ethics violations committed by the publisher “Tukuma Balss”. Breaches of the Code of Ethics On 18 June 2020, in light of a complaint submitted by SIA “Novadu Ziņas”, the Board […]
We advised Koinvesticinis fondas on investing in Nanoenergija – a Lithuanian startup which has developed vibration energy harvesting technology to power wireless IoT sensors. A total of EUR 180,000 has been invested in the startup by Koinvesticinis fondas (EUR 126,000) and LitBan (EUR 54,000). Although Nanoenergija developed their technology only at the beginning of this […]
We advised Lindstrom, a leading textile rental services provider, on acquisition of Latvian company SIA Tepix’s mat rental services business. Increasing market share The acquisition will allow Lindstrom to further strengthen its position in the market and increase its customer base. Our role in the acquisition and our team We assisted Lindstrom with legal due […]
