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Sorainen Advises Intrum on Acquistion of Danske Bank's Overdue Loans

Sorainen Advises Intrum on Acquistion of Danske Bank's Overdue Loans

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Sorainen Estonia has advised Intrum on the purchase of Danske Bank's Estonian portfolio of overdue loans.

Intrum is a credit management company with experience in financial and collection services that has a presence in 24 European countries.

According to Sorainen, the acquisition will enhance Intrum’s market position and allow the company to expand its competence in managing collateralized assets.

The Sorainen team consisted of Senior Associate Monika Tomberg and Associate Kristjan Nommik.

Sorainen could not disclose any further information on the deal.

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COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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