Sorainen Belarus prepared a country memorandum for the International Swaps & Derivatives Association (ISDA) on the legal and regulatory framework applicable to derivative transactions under the laws of the Republic of Belarus and enforceability of international standard form market documentation developed for such transactions, including the ISDA Master Agreement. Country memoranda (similar to the one […]
We acted as Latvian law advisers for Joint Lead Managers J.P. Morgan and SEB bankas on the issue by Air Baltic Corporation of EUR 200,000,000 5-year bonds. So far this is the largest corporate bond issue originating from Latvia. More information on the project available here. The matter was handled by partner Rūdolfs Eņģelis, senior […]
We advised Real Estate fund Capitalica Baltic Real Estate Fund I on preparing to enter the alternative First North market in Lithuania. Capitalica Real Estate Baltic Fund I, a closed-end investment undertaking for informed investors, is managed by Capitalica Asset Management. The fund’s bonds are expected to be listed on 30 July this year. Planning […]
Publication / Augustas Klezys, Laura Matukaitytė, Lina Ragainytė-Mezenė
A new concept of the “specialised bank” was introduced into Lithuanian law on 1 January 2017. Although initially designated for implementing reform in the credit union sector, in practice this regulation serves as a basis for developing a more favourable regulatory environment for local and foreign non-banking financial companies seeking to extend the scale of […]
We advised Bitė Lietuva, a leading telecommunications company, on implementing a new employee motivation system. Under the new system Bitė will put an extra 250 thousand euro each year towards the third-step pension savings accounts of their employees. Care for employees Bitė Lietuva has won the CV Online TOP employer award for the third year […]
