Deals & Cases / Agris Repšs, Valts Nerets
Sorainen provided legal advice to Regional Investment Bank – a credit institution in Latvia established in 2001 – as a mortgage creditor in a complex situation where the bailiff had initiated a forced sale of m/v Falcon by auction based on a maritime lien and a ship repair company had used its rights of retention […]
Sorainen successfully represented Folla Maritime Service, a reputable shipbuilding company from Flatanger, Norway, established in 1994 and specialising in the manufacture of vessels for the aquaculture industry, in negotiations with Rîgas kuìu bûvçtava (Riga Shipyard) regarding execution of a shipbuilding contract under Latvian law. We provided legal advice on further action regarding delay in execution […]
Eurovia – a subsidiary of VINCI, a world leader in transport infrastructure construction and urban development, operating in 15 countries and with 38,000 employees – has acquired 68.75% shares in Saldus ceïinieks, a leading Latvian builder of road infrastructure. Saldus ceïinieks, established in 1991, specialises in road construction, extraction of aggregates and asphalt production. The […]
Sorainen Latvia provided legal support under Latvian law on the sale of m/v ‘Regina Baltica’, registered under the Latvian flag. Assistance included drafting the client’s internal corporate documents, analysing the bill of sale and related documents from the Latvian law perspective, as well as organising deletion of mortgages, deregistering the vessel from the Latvian Ship […]
Deals & Cases
German investor Ralf Dieter Montag-Girmes has sold his stake in Latvia’s national carrier airBaltic to Danish entrepreneur Lars Thuesen. Latvian Prime Minister Mâris Kuèinskis commented that all the latest developments in airBaltic have been taking place in order to strengthen the company. In 2015, Mr Montag-Girmes acquired 20% of the Latvian airline’s shares for an […]
