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We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]
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In a recent Legal 500 Podcast our managing partner Laimonas Skibarka talked to Barnaby Merrill about the response to COVID-19 by the legal market in the Baltics and Belarus. Comments Laimonas: “The information we were receiving from publishers about international law firms cutting salaries and staff was worrying. However, our region was quite confident and […]
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From 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning & Planning, Land, and Employment will enter into force in Lithuania. These amendments are incentives to local and foreign investments in large projects developed in the fields of processing manufacturing, data processing or hosting services. A large project is […]
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We advised an international oil trading company and its cooperation partner – a company operating the port terminal in Liepaja ‒ in multi-party negotiations for claims arising out of contamination of oil products. About the dispute The products were partially contaminated while they were being loaded on board ship. The dispute arose with regard to the […]
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Sorainen helped SIA “Novadu Ziņas” – the publisher of Neatkarīgās Tukuma Ziņas – successfully defend their interests before the Latvian Media Ethics council regarding ethics violations committed by the publisher “Tukuma Balss”. Breaches of the Code of Ethics On 18 June 2020, in light of a complaint submitted by SIA “Novadu Ziņas”, the Board […]
