Sorainen assisted Akce Holding Malta in establishing the European Merchant Bank in Lithuania and obtaining a specialised bank licence. The licence was issued by the European Central Bank at the request of the Bank of Lithuania. Akce Holding Malta is among the first Lithuanian banking market participants to be granted a specialised bank licence. Akce […]
In 2016, the Structured Criminal Settlements Subcommittee (SCSS) of the IBA Anti-Corruption Committee commenced a two-year project entitled, ‘Towards Global Standards in Structured Settlements for Corruption Offences.’ The objective of this project was to map the evolving settlement practices for corruption cases of countries across the globe. Reports based on a distributed questionnaire have been […]
News
On 8 December 2018, a report entitled “Structured Settlements for Corruption Offences: Towards Global Standards?” edited by the Anti-Corruption Committee of the International Bar Association (IBA) was published. The report was produced as part of an Organisation for Economic Co-operation and Development (OECD) project on structured settlement standards in global corruption cases. The objective of […]
Deals & Cases / Laurynas Lukošiūnas
Sorainen represented Russian commercial bank Alfa Bank in a case concerning recognition of a London Court of International Arbitration decision in Lithuania. After the Lithuanian Court of Appeal decided in favour of our client, the forced recovery of EUR 20 million from the owner of Arvi group, Vidmantas Kučinskas, is under way. The decision of […]
