News
Barclays Group Operations Lithuania is opening Rise Vilnius, a hub for startups, this summer. SORAINEN, as one of the hub’s partners, will help startups on the road to success by providing legal advice. Startups based in Rise Vilnius hub will be consulted by global mentors. In addition, hackathons will be organized, along with creativity workshops and other […]
News
SORAINEN partner Tomas Kontautas has become a member of the Financial markets commission of the Lithuanian Business Confederation (LVK). Alongside Tomas on the newly elected Financial markets commission are Artûras Bakšinskas (Lithuanian life insurance companies association), Dovilë Burgienë (Valiunas Ellex), Marius Grajauskas (Balèiûnas ir Grajauskas), Andrius Romanovskis (Lithuanian insurers association), Remy Salters (Swedbank) and Marius […]
Sorainen Belarus advised Fiverun, Inc., California based leading innovator in the mobile point of sale (mPOS) arena, on Belarusian aspects of its sale to Vista Equity Partners (“Vista”), a leading private equity firm focused on investing in software, data, and technology-enabled companies. Following this acquisition and merger of software developers MarketLive and Shopatron, the addition […]
On 7 March 2016, after evaluating reports prepared by PricewaterhouseCoopers, the Lithuanian Competition Council (“Council”) confirmed that Polish insurance company PZU, which acquired 100 % of the shares in Lietuvos draudimas, had timely and properly fulfilled the merger conditions and obligations set by the Council on 9 March, 2014 when issuing a clearance decision for […]
SORAINEN Lithuania advised FinBee, one of the leading peer-to-peer (P2P) lending platform operators in Lithuania, on structuring funds handling procedure using only a bank deposit account and acting as a financial intermediary for Citadele Bank. FinBee became the first P2P platform directly using a bank deposit account for funds handling services in Lithuania. The new […]