We assisted the Wildix group in securing an investment from Livonia, one of the largest private equity investors in the Baltic region. Wildix is an innovative software company focused on cloud and browser-based unified communications solutions and VoIP products. Wildix has been recognised as one of the leading players in UCaaS. The purpose of the […]
Sorainen advised Salv Technologies, a financial crime fighting technology startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection […]
Assistant lawyer Natālija Ķīse compiled the material. Data protection Commission opens formal proceedings against AliExpress under the Digital Services Act Official press release: 14 March 2024 The Commission has initiated formal procedures to evaluate whether AliExpress violated the Digital Services Act (DSA) in relation to risk management and mitigation, content moderation, internal complaint […]
Assistant lawyer Nikola Cīparsone compiled the material. ESG Directive empowering consumers for the green transition and circular economy Adopted: 20 February 2024 The Council has adopted a directive aimed at empowering consumers to facilitate the shift towards sustainability. This new directive seeks to strengthen consumer rights by amending the unfair commercial practices directive (UCPD) and […]
