Deals & Cases / Tomas Kontautas, Laura Matuizaitė-Mikštė, Liutauras Vasiliauskas
Sorainen advised Via Payments, part of the VIA SMS Group, in obtaining an e-money institution licence from the Bank of Lithuania. The company will provide e-money and payment services and will enable its customers to open electronic money accounts. Via Payments belongs to the Latvia-based VIA SMS Group of companies, which specialises in consumer loans […]
Sorainen advised Rogue Wave Software in the acquisition of ZeroTurnaround, the visionary company behind JRebel, XRebel, and XRebel Hub. ZeroTurnaround solutions eliminate the time-consuming build, deploy, and run cycle, speeding Java development, and removing wait-time frustration for developers. ZeroTurnaround technology is used by over 5,200 enterprise teams, including 36 of the Fortune 100, representing more […]
Sorainen advised PlusPlus on registering in a Public List of Consumer Credit Providers in Lithuania. In expanding its operations, PlusPlus is planning to acquire and administer consumer loan portfolios in Lithuania. A member of the PlusPlus group of companies, PlusPlus is owned by a pan-Baltic receivables management company with offices in Tallinn, Riga and Vilnius. […]
News
A seminar on “Legal weapons to fight corporate crime directed against your company” was held in Riga on November 23. The main issues covered at the seminar to take into account and keep in mind are: Ensure internal processes are working: you need to show what rules were breached. Do not act on impulse. Fate […]
Sorainen represented Meseta in a case involving the 0% VAT rate. The Lithuanian Supreme Administrative Court ruled that tax administrators had unjustifiably imposed EUR 2 million in VAT, fines and interest on Meseta for allegedly unfair application of 0% VAT rates. The Court declared that the State Tax Inspectorate and other institutions that examined the […]
