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We advised VPH, one of the largest commercial real estate developers in Lithuania; and Riga Retail Park, owner of one of the largest lifestyle shopping centres in Latvia, on receiving a loan totalling EUR 48 million from Rietumu Banka for refinancing. This has been one of the largest loan financing transactions in Latvia in 2023. […]
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Event
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Video / Viktorija Cherkas
Latvia’s wind energy potential is significant, both for onshore and offshore, but the country is lagging behind its neighbors and others. Only 137.4 MW of capacity have been installed, with wind farm projects taking too long to build. The webinar series “Wind Energy Academy: Latvia” organised by the Latvian Wind Energy Association and law firm Sorainen aims to explain and clarify […]
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Sorainen has made considerable progress in the area of sustainability since releasing the first sustainability report last year. We have also experienced an expansion of the environmental, social, and governance (ESG) related services provided to clients. Notably, Sorainen was recognised by the Legal 500 Green Guide as the only pan-Baltic law firm with a focus […]
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We advised Liberty Mutual Surety, one of the world’s largest insurance companies, on structuring the business model, insurance products, insurance terms and conditions, and the provision of surety insurance services in Lithuania. Operating since 1912 and headquartered in Boston, USA, Liberty Mutual is the fifth-largest insurer in the world as of 2022, based on the […]