The Boris and Inâra Teterev Foundation together with the ABLV Charitable Foundation have engaged internationally renowned architect Sir David Adjaye to develop a design for the building to house the Latvian Museum of Contemporary Art. Given the experience and reputation of the architect, it is safe to say that this engagement is significant not […]
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 […]
Linstow, leading shopping center developer and manager in the Baltic states, has expanded its real estate portfolio by acquiring real estate of complex composition (several separate buildings and a site exceeding 3 hectares) in Riga, near Alfa Retail Park. The real estate was acquired for future commercial development purposes. The value of the deal exceeded […]
Deals & Cases
Sorainen is assisting Latectus, a subsidiary of a leading bank in Latvia, with structuring and developing an auction procedure for sale of its real estate portfolio in Latvia and Lithuania. At the first stage Sorainen prepared a memo on the legal framework and at the second stage we drafted auction rules and a template sale […]
Sorainen advised the Latvian subsidiary of Antalis, a leading global paper and packaging distributor operating in over 43 countries, in the sale and leaseback of an industrial plant located in Latvia, with an approximate transaction value of 4 million EUR. Sorainen advised the client through drafting the real estate sale and lease agreement, negotiations between […]
