Sorainen

Competition & Regulatory, Finance & Insurance

Partner and head of the firm’s Finance & Insurance practice group.

I am a partner and head of the firm’s Finance & Insurance practice group. Since 2004 I have advised many leading names in the international and local financial markets, as well as public institutions and multilateral financial organisations. I am also deeply interested in sustainable investing and finance, as well as ESG-related matters.

Transactions in the finance sector. My primary focus has lately been on leading legal teams working on large-scale transactions in the financial market: Nordea combining its Baltic businesses with DNB to create Luminor; Nasdaq merging its securities depository businesses in the Baltics to create the first CSDR-compliant cross-border CSD.

Restructuring. I have acted for banks in restructuring their operations in Latvia and advised on the first state bail-out of a private commercial bank in Latvia.

Competition. I have also represented clients in cases before Latvia’s Competition Council, including merger clearances and alleged antitrust violations, and have acted in antitrust litigation in Latvia.

Legislative initiatives. I have worked extensively in the Latvian regulatory environment in banking and securities law as well as PPP.

Compliance. I have helped clients to develop AML policies that require more than a legal perspective alone. I have also advised clients who were under compliance-related investigation, and represented them in relations with government authorities.

Latvian, English, Russian

Latvian Bar Association International Bar Association

University of Oxford (St Hugh’s College), UK (MJur in European and Comparative Law) University of Latvia, Latvia (lawyer’s qualification)