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We advised a German company Klett Lernen und Information, part of the Klett Group, on acquiring full control (100% shares) of Baltų lankų vadovėliai, one of the best-known brands in the Lithuanian textbook publishing market. The first investment of Klett and entering the Lithuanian market was made in April 2023 by acquiring 40% shares of […]
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Sorainen advised Salv Technologies, a financial crime fighting technology startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection […]
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YIT, one of the leading construction companies and urban developers in the region of Northern Europe, is developing Mārpagalmi – a new residential quarter in one of the quietest corners of Āgenskalns, on Zemaišu iela, between Māra Pond Square and St. Albert’s Church. More about the project here. More than 600 apartments are planned to […]
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Our Dispute Resolution team successfully represented a client in a court case concerning the recognition and enforcement of a GAFTA (The Grain and Feed Trade Association of London) arbitration award in Latvia. Arbitral award The client had delivered goods under a contract, but the defendant had only partially settled the payment, remaining in debt for […]
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Our dispute resolution team provided defence for clients who were involved in employer-initiated criminal proceedings for defamation and extortion, and who were seeking to end psychological violence in the workplace. Our team was actively involved in the pre-trial criminal proceedings, providing detailed, evidence-based presentation of the factual circumstances and an explanation of the assessment they […]
