Deals & Cases / Laurynas Lukošiūnas
Sorainen represented Russian commercial bank Alfa Bank in a case concerning recognition of a London Court of International Arbitration decision in Lithuania. After the Lithuanian Court of Appeal decided in favour of our client, the forced recovery of EUR 20 million from the owner of Arvi group, Vidmantas Kučinskas, is under way. The decision of […]
Sorainen Estonia acted as Estonian adviser for syndicate of banks in financing the investment of European Diversified Infrastructure Fund II SPSc, infrastructure fund managed by First State Investments, in Utilitas, Estonia’s largest district heating company and a leading renewable power producer. The syndicate of banks financing the transaction consisted of Skandinaviska Enskilda Banken, Crédit Agricole […]
Deals & Cases / Ann Laevskaya, Aliaksei Daryin, Artem Melnikovich, Kiryl Apanasevich
Sorainen Belarus advised the European Bank for Reconstruction and Development (EBRD) on Belarusian law matters in connection with lending USD 15 million to Modern-Expo group. A seven-year loan will be used to increase production volumes at the two principal manufacturing sites in Lutsk (Ukraine) and in Vitebsk (Belarus), as well as to restructure the group […]
The Sorainen cross-border team advised Nordea and DNB as Lenders on changes to the funding to Luminor Group in relation to the sale of 60% shares of Luminor Group to a consortium led by private equity funds managed by Blackstone. According to the Nordea press release, “in addition to the upfront sale and forward sale […]
Sorainen Belarus, jointly with Sorainen Lithuania, acted as Belarusian and Lithuanian counsel for the European Bank for Reconstruction and Development (EBRD) in connection with a USD 15 million loan to Modus Group. The loan aims to finance constructing, equipping and putting into operation four biogas plants with total installed capacity of 4MW to be located […]