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We advised Rail Baltic Estonia, the developer of Rail Baltica railway in Estonia, with compiling the procurement documents for the largest construction procurement in Estonia relating to the construction of the Rail Baltica Ülemiste joint terminal and its surrounding area. Key role in the Rail Baltica project The goal of this international tender is to […]
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We advised the Latvian Sports Federation Council in relation to the formation of a possible sports governance model with only one organisation at its centre. The aim was that this new organisation could result from the reorganisation of the Latvian Sports Federation Council and the Latvian Olympic Committee. Reorganisation via merger is a legal tool […]
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During debt recovery proceedings, we successfully represented a global provider of market-based sustainability solutions established in the Netherlands, which was a creditor of Vidzeme Eko, a Latvian company engaged in trading in CO2 emission allowances. Our involvement Our services included negotiations with the debtor, representation during legal protection proceedings and, later, during the insolvency proceedings […]
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We advised Solarisbank AG, Europe’s leading Banking-as-a-Service platform, on an acquisition of Contis Group Ltd, which provides full back-end & front-end payments services. Companies have successfully brought their previously disclosed partnership to completion, entering into a definitive business combination agreement. With a valuation of EUR 1.4 billion, Solarisbank and Contis expand their leadership in the […]
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Deals & Cases / Ieva Andersone, Anna Bogdanova, Jūlija Terjuhana
In 2021 Sorainen Latvian office assisted two clients in developing binding cooperate rules (BCR) under Article 47 of the General Data Protection Regulation (GDPR). According to GDPR requirements, the BCR is one of the permissible mechanisms for transferring personal data to countries outside the European Economic Area. About BCR The BCR is a legally binding […]
