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After successfully solving disputes on the architectural value of a former road police building in Giraitės street, the building and its assigned site of 2.2 ha will be turned into an office complex. The building was acquired in 2015 by Lidl Lietuva. Procedures had stopped due to disagreements over the architectural value of the former police […]
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Deals & Cases / Agris Repšs, Raivo Raudzeps
As early as the beginning of January 2017, the Latvian Trade Union of Education and Science Employees (LIZDA) went public with their claim that liquidation proceedings of the Riga Teacher Training and Educational Management Academy (RPIVA) were not legal. Moreover, LIZDA asked policy makers in education and the parties involved to stop liquidation of the […]
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Sorainen is advising Providence Equity Partners on the acquisition of Swedish media holdings Modern Times Group (MTG) business in the Baltics. The total disclosed value of the acquisition in all three Baltic States is EUR 115 million. Providence Equity Partners is a premier global asset management firm with USD 50 billion in assets under management […]
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News
On 16 March, Sorainen was awarded the title of “Baltic Law Firm of the Year” by The Lawyer – the third time that the Sorainen team has been honoured with this recognition. As Catrin Griffiths, editor of the publication, noted: “this year The Lawyer European Awards focused on and recognised the growing importance of cross-border […]
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Sorainen Estonia is advising Nettbuss, Norway’s leading bus operator, on acquisition of 15% of Estonian technology company T solutions. According to Andres Osula, Chairman of the Supervisory Board of T solutions, the Norwegians will become strategic investors in the company. He adds that even though T solutions is currently able to serve its customers and […]
