26
Tue, Sep
47 New Articles

Sorainen has assisted Oberthur Technologies Latvia with various employment law matters, including updating employment contracts, drafting employment termination documents, and representing the company in court against a former employee’s claim for payment of compensation for complying with an alleged non-compete obligation after termination of employment.

Eversheds Bitans has provided legal support to the Nordic and Baltic high-tech manufacturing company AS HansaMatrix on its private placement and associated equity fund raise and subsequent listing on the Baltic Main List of Nasdaq Riga Stock Exchange. Eversheds Bitans describes the listing as "a breakthrough in equity listings in Latvia as it is the first Nasdaq Main List addition since 2004.”

Tark Grunte Sutkiene and Varul's Estonia office have signed a memorandum of understanding to tie up and, in their words, "form a stronger Baltic partnership.” Going forward, Tark Grunte Sutkiene — which will continue to operate under that name — will employ over 140 lawyers across the Baltics.

Women’s Day is behind us, but the subjects of gender equality and equal opportunity are of year-round concern. This, the first part of a special two-part CEE Legal Matters article on women in private practice in CEE, provides the numbers and percentages from leading law firms across CEE, as well as a more thorough snapshot of one representative market. Part II of the report, in the June issue, will pull back the curtain even more, providing feedback and perspectives from lawyers across the region.

Glimstedt has advised the Vienna Insurance Group on its acquisition of a majority of shares of the BTA Baltic Insurance Company, which is headquartered in Latvia and has branch offices in Lithuania and Estonia. Vilgerts advised BTA on the deal. The purchase agreement is subject to regulatory approval. Neither the percentage of shares acquired by VIG, nor the value of the acquisition, was disclosed.

Sorainen and Weil Gotshal have advised Providence Equity Partners on its acquisition of the Bite telecom group from Mid Europa Partners for an undisclosed value. Cobalt and Freshfields Bruckhaus Deringer advised Mid Europa Partners in the transaction, which is expected to close in the first quarter of 2016.

Our Latest Issue