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Sorainen Latvia advised Luminor on taking over a client portfolio in Latvia from Danske Bank’s branch in Lithuania. About the transaction Rūdolfs Eņģelis, head of the firm’s Finance & Insurance practice group, commented, “It is encouraging to observe that the number of complex transactions is gradually increasing in the Latvian financial market, thus confirming the […]
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We advised Kaamos Real Estate, a subsidiary of the Estonian capital based Kaamos Group, on the sale of the Tridens logistics centre. Strategic location The logistics centre with a total area of more than 11,000 square meters is located in a logistics area of strategic importance. Tridens, the tenant of the building, is one of […]
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Deals & Cases / Vytautas Sabalys
We advised Open Circle Capital on investing in Monimoto – a company developing a smart tracker for motorcycles. Monimoto has successfully secured EUR 400,000 during its crowdfunding campaign and from a follow-up investment by venture capital funds Open Circle Capital and Iron Wolf Capital. In total it attracted funding from 392 investors. With the funding […]
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Deals & Cases / Piret Jesse, Pirkko-Liis Harkmaa, Eva Berlaus, Dr Kaido Künnapas, Jānis Taukačs, Andis Burkevics, Tanel Molok, Robin Teever, Piibe Lehtsaar, Aija Lasmane, Ērika Bužinska, Kate Berlaua, Līva Aleksejeva
We advised Vista Equity Partners in their majority investment in Pipedrive, a CRM platform for sales and marketing teams. We advised the client in relation to Estonian and Latvian aspects of the deal, acting as local counsel in the Baltics through the Kirkland & Ellis Palo Alto office. Fifth unicorn in Estonia As a result […]
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We advised a major commercial vehicle manufacturer in proceedings concerning environmental pollution near the client’s facility in eastern Latvia. The authorities had issued a ruling that our client was the responsible party for the pollution. We advised client throughout the investigation process as well as in the dispute stage with the authorities. In particular, Sorainen represented […]