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38 New Articles

On October 1, 2017, the entire Latvian operations of Magnusson merged with Glimstedt in that country and will operate under the Glimstedt name going forward, with former Magnusson Managing Partner Valdis Kronis and Partner Ivars Kronis becoming Partners at Glimstedt.

Sorainen has advised Nasdaq on the merger of the central securities depositories of Latvia, Lithuania, and Estonia into the Latvian entity Nasdaq CSD SE and its obtaining of a license to operate under the new EU regime introduced by Central Securities Depositories Regulation No. 909/2014. This allows Nasdaq CSD SE to continue to operate as the central securities depository in each of the Baltic States under a new, more robust legal framework. 

In The Corner Office, we invite Senior and Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. For this issue, we asked them to describe their least favorite part of their jobs. 

Civil damages awards are one of the primary – and often most important – remedies for infringements of intellectual property rights. Damages serve both as compensation to the right holder for the economic detriment that results from an infringement and as a specific and general deterrent to would-be infringers. – The European Observatory on Counterfeiting and Piracy, “Damages in Intellectual Property Rights” (2009/2010).