Sorainen has advised investment firm Ardian on the sale of the Competence Call Center Group to TELUS International, a subsidiary of the TELUS Corporation.
Eversheds Sutherland Bitans has advised ExpressCredit Ltd on its issuance of new notes and on securing the interests of new and existing Investors. The interests of the investors, note holders, and SIA Mintos Finance were secured with a commercial pledge in the amount of EUR 40.5 million, held by Eversheds Sutherland Bitans as the collateral agent of the investors.
Finland's Castren & Snellman and Sorainen have advised the OP Corporate Bank on its provision of financing to Finland's Veho Group for Veho's acquisition of Silberauto. Finland's Dittmar Law Firm and Ellex's three offices in the Baltic advised Veho on the financing, as they had on the acquisition itself.
Sorainen Latvia and Herbert Smith Freehills have advised MM Capital Infrastructure Fund I, a Marubeni-backed fund, on the acquisition of a 29.06% interest in JSC Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia, from Marguerite Gas I. Marguerite was advised by CMS London and Cobalt on the transaction, which remains subject to regulatory approval.
Ellex Klavins has successfully represented Deaflympics athlete Maris Grenins before the Supreme Court of the Republic of Latvia, which on November 5th ruled that the Latvian Cabinet of Ministers had acted improperly in making an unusually low cash award to Grenins following his success in the 2013 Summer Deaflympic Games.