After successfully solving disputes on the architectural value of a former road police building in Giraitės street, the building and its assigned site of 2.2 ha will be turned into an office complex. The building was acquired in 2015 by Lidl Lietuva. Procedures had stopped due to disagreements over the architectural value of the former police […]
Sorainen is advising Providence Equity Partners on the acquisition of Swedish media holdings Modern Times Group (MTG) business in the Baltics. The total disclosed value of the acquisition in all three Baltic States is EUR 115 million. Providence Equity Partners is a premier global asset management firm with USD 50 billion in assets under management […]
Sorainen Estonia is advising Nettbuss, Norway’s leading bus operator, on acquisition of 15% of Estonian technology company T solutions. According to Andres Osula, Chairman of the Supervisory Board of T solutions, the Norwegians will become strategic investors in the company. He adds that even though T solutions is currently able to serve its customers and […]
A competitor of Olympic Casino, a leading provider of casino entertainment in Latvia, applied for registration of the trade mark “Olimps Kazino”. Sorainen prepared and filed an opposition arguing that the trade mark conflicts with the earlier trade mark of Olympic Casino. The Board of Appeal decided in favour of Olympic Casino Latvia and declared […]
Sorainen Belarus in cooperation with Sorainen Estonia acted as legal counsel for the European Bank for Reconstruction and Development on the extension of a EUR 10 million loan to Vitebsk Sawmill Unitary Enterprise (Vitebsk Sawmill). The loan agreement was signed on 13 December 2016 to support the company’s strategic growth, double its manufacturing capacity, introduce […]
