Sorainen assisted WePower, a blockchain-based green energy trading platform, in obtaining a ground-breaking ruling from the Lithuanian tax authorities confirming favourable VAT treatment for issuance of cryptographic tokens. The Lithuanian tax authorities issued a positive ruling confirming that ICOs are VAT-exempt, thus allowing the client to save up to USD 7 million. WePower raised USD […]
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Sorainen and Avokaado have concluded a cooperation agreement under which the law firm and the legal technology company will begin developing digital services for Sorainen clients in the Baltic countries and Belarus. Sorainen is the first international law firm on the Avokaado platform. As part of the initiative, Sorainen will start using the Avokaado software […]
Sorainen represents Kaspersky Lab, a leading global security software developer, in a defamation law suit against a Latvian politician. The respondent made false allegations about Kasperky’s products and business practices and associated Kaspersky’s activities with espionage. The lawsuit was filed in Riga City Pardaugava court. The client is being advised by Sorainen partner Agris Repšs […]
Sorainen Estonia assisted ViisTek Media, a B2B marketing and technology solutions provider, and its shareholders in the sale of ViisTek Media to Future Gaming Group. The acquisition will enable Future Gaming Group to strengthen their financial position, which will further enable them to expand their business. The Sorainen team was led by partner Toomas Prangli […]
Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
