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Sorainen advised Audimas and its major shareholders on selling 60% of the company’s shares to investment management company LitCapital Asset Management (LitCapital). LitCapital will manage 92% of the company’s shares jointly with Rimvydas Povilaitis, Arvydas Povilaitis and Ona Balžekienė according to the shareholders’ agreement. Audimas, the largest manufacturer of active leisure and sports clothing in […]
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The world’s largest inland port, Duisburger Hafen, located in Duisburg, Germany, became a shareholder in the Industrial Park Development Company (the management company of the China-Belarus Great Stone Industrial Park). Sorainen Belarus provided full scope legal support to Duisburger Hafen in connection with the acquisition. Our assistance included representing the client in negotiations with the […]
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News
Beware: We have received information that people in Latvia are receiving telephone calls with offers to become involved in financial transactions with securities and that the project is being organised in cooperation with law firm Sorainen. Note that our firm is not engaged in any project of this kind and our brand may be being […]
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Sorainen assisted the Lithuanian Ministry of Finance in drafting the Securitisation and covered bond law. The purpose of the law will be to contribute to Lithuanian capital market development and expand financing source options. The new draft law ensures greater opportunities for financial institutions to attract funds and finance business, thus contributing to long-term economic […]