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Sorainen Latvian office acted as Latvian law adviser to the joint lead managers Citigroup, Luminor Bank, Nordea and UniCredit on the issuance by Citadele banka of 200 million EUR in notes, due in 2026. The purpose The purpose of the issuance is to meet the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). Proceeds […]
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Deals & Cases / Karin Madisson, Robin Teever, Kadri Puu, Valts Nerets, Liisa-Maria Puur, Elvis Grinbergs, Private: Jelizaveta Lazonen, Krista Niklase, Pirkko-Liis Harkmaa, Aurelija Daubaraitė, Izabelė Petrikaitė, Hanna-Elise Rähni
The World Bank, an international financial institution, once again asked for our assistance with its Doing Business project. Aiming to better understand Our lawyers from Estonia, Latvia, and Lithuania contributed to the Doing Business study that helps to better understand and compare business regulation environments across economies and over time. These studies include: – WB […]
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Tax Stories Podcast – Episode 19 – Richard Asquith (VAT Calc). Richard Asquith is CEO of VAT Calc – VAT & technology company. He is also a winner of International Tax Review’s ‘Tax Innovator of the Year’ award. In our chat we dive into literature, wine and relations; why e-invoicing is the thing; on VAT […]
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We assisted Riga Retail Park, owner of one of the largest shopping centres in Latvia, Saga, in refinancing its bonds, which are governed. Our assistance and team Our assistance included negotiations with the financier, a Latvian credit institution and the bondholder regarding the refinancing documents – the financing agreement and bond redemption documents – as […]
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We are representing a player in the international technology sector in an investigation in Latvia initiated by the Latvian Corruption Prevention and Combating Bureau. A former employee of the client was convicted in a foreign country for a large-scale bribery, with payment of more than EUR 2 million in bribes alleged. About the case A case […]
