Deals & Cases / Reimo Hammerberg, Jane Eespõld, Paul Künnap, Piret Lappert, Kätlin Krisak, Dr Kadri Härginen, Kaspar Endrikson, Cathriin Torop, Kai Vainola, Hanna Pahk, Olivia Kranich, Mirjam Vichmann, Tea Kookmaa, Lise-Lotte Lääne, Britta Retel, Dr Kaido Künnapas
Sorainen together with Cleary Gottlieb Steen Hamilton acted as legal advisor to the international syndicate of banks consisting of Citigroup, Carnegie Investment Bank, Erste Group, Swedbank and LHV in the first IPO of a state-owned entity in Estonia since 1999 and the first Estonian IPO with an international element since 2012. The shares of Port […]
Deals & Cases / Sergej Butov, Laura Matuizaitė-Mikštė
Sorainen assisted FREOR LT and its majority shareholder Rytis Bernatonis in the acquisition of a block of shares in FREOR LT by Baltics-based private equity fund Livonia Partners, which will acquire the shares from Central European private equity fund Mezzanine Management. FREOR LT is the only manufacturer of commercial refrigeration equipment in the Baltic States. […]
Sorainen advised Audimas and its major shareholders on selling 60% of the company’s shares to investment management company LitCapital Asset Management (LitCapital). LitCapital will manage 92% of the company’s shares jointly with Rimvydas Povilaitis, Arvydas Povilaitis and Ona Balžekienė according to the shareholders’ agreement. Audimas, the largest manufacturer of active leisure and sports clothing in […]
Sorainen assisted the Lithuanian Ministry of Finance in drafting the Securitisation and covered bond law. The purpose of the law will be to contribute to Lithuanian capital market development and expand financing source options. The new draft law ensures greater opportunities for financial institutions to attract funds and finance business, thus contributing to long-term economic […]
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Commissioned by the International Swaps and Derivatives Association (ISDA) Sorainen prepared a country opinion for Lithuania on netting provisions under ISDA Master Agreements and other related ISDA standard documents. The ISDA programme dedicated to publishing new and updated legal opinions currently covers 64 jurisdictions. The ISDA netting opinion for Lithuania was published on 10 May […]