Sorainen Belarus acted as local counsel for the International Finance Corporation (IFC) on the extension of a EUR 15 million loan to the Alutech Group of Companies (Alutech Group) to refinance short-term bridging loans for capital investment during 2013-2014. The project is aimed at supporting Alutech Group expansion plans, further market penetration and broader product […]
Sorainen Belarus acted as local counsel for the International Finance Corporation (IFC) on the extension of a USD 10 million loan to the A-100 Development Group of Companies (A-100). The loan agreement was signed on 31 May 2015 to refinance construction of commercial real estate in Minsk and Minsk Region. IFC is a global financial […]
Applicable law allows for both financial and non-financial compensation for implementation of the Rail Baltic project Public debate on the Rail Baltic project has mostly focused on compensation for damage to the owners and other users of immovable property. SORAINEN and CentAR Center for Applied Research have prepared a survey on the issue, available here (in Estonian). […]
Significant recent judgments have created a serious tax risk for certain relationships where “one-man companies” are used to provide services to another company (also known as LLC-ism). In the past few months, the Estonian Supreme Court has handed the Tax and Customs Board three relevant victories and found that service fees paid to a company […]
