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News
Almost no profession has remained unimpacted by the ever-evolving technological landscape – and that includes the legal profession. At Sorainen we are aware that the integration of artificial intelligence, or AI in the legal profession, has already become a crucial part of staying ahead in the legal industry. As we step into the realm of […]
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Starting 30 December 2024, the Regulation EU 2023/1114 of the European Parliament and of the Council on markets in crypto-assets (MiCAR) will take full effect. It will open a new chapter regulating virtual currencies, also known as tokens, and related services and is expected to bring more clarity to the field. This step is crucial […]
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We advised the Italian concern SAPI S.p.a. on acquiring a 15% stake in the Cross financing company, which is a holding company for Rietavo veterinarinė sanitarija and Reneta. This is the first investment by the Italian concern in the Baltic countries. The transaction is significant for both parties and as well as the whole region, […]
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Deals & Cases
Our procurement experts represented Capital, a full-service IT company, in a dispute over providing objective data on video cards’ testing performance. In the disputed tender, the Latvian Police intended to procure high-performance laptops and stipulated that the performance of the video card had to meet a score published on the website. However, the scores published […]
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Amendments to the Insolvency Law, Civil Procedure Law and the Law On Protection of employees in case of Insolvency of Employer aimed at transposing the Directive on Restructuring and Insolvency were adopted in March this year and are applicable to proceedings initiated starting from 15 September. Read more about types of proceedings, statutory moratorium, classes of creditors […]
