Sorainen‘s banking and insurance practice group has experience handling complex transactions and PPP projects, often undertaking major cross-border mandates. The team often advises on large M&A deals and portfolio transfers, with further expertise covering regulatory issues and disputes. Recently, the firm has seen large transactions in aviation finance, with a further pipeline of work coming from the fintech, insurance and real estate sectors. R��dolfs Eņģelis is well respected for his transactional work, and also has experience advising on restructuring and compliance matters. At the associate level, Inese Heinacka, Agneta Rumpa and Mārtiņš Rudzītis are recommended. Ramona Miglane was a new arrival in May 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I rate the cooperation as professional; I was completely satisfied.’

  • ‘The team is very professional and competent. The desired result was achieved according to our needs.’

  • ‘We worked with Rūdolfs Eņģelis and his team. Cooperation with this team was excellent, all meetings were well planned and organised and with feedback. The team always listened to our wishes and implemented them within the framework of the project.’

  • ‘Sorainen are a very good law firm. I only worked with them on one, but quite a complicated, matter. They provided good advice on Latvian law matters as well as on some specifics of the local market. They maintain well-structured and client-focused communication and are ready to think outside the box.’

  • ‘The Sorainen team is highly responsive and very well-connected in Latvia.’

  • ‘Both Rūdolfs Eņģelis and Inese Heinacka were knowledgeable and very constructive in their approach to collaboration. We established mutual trust and efficient ways of collaboration very quickly.’

  • ‘The team comprises industry professionals with extensive and recognised experience, led by strong leaders who fearlessly embrace new challenges, even within tight schedules, and eagerly expand their knowledge into new fields. It's worth highlighting that their cooperation extends beyond professionalism to encompass responsibility and a pleasant cooperation relationship.’

  • ‘Rūdolfs Eņģelis deserves special recognition as an exceptional leader who seamlessly blends legal expertise with outstanding management skills, setting a new industry benchmark.'

Key clients

  • KGAL Investment Management GmbH & Co. KG
  • Nordic Investment bank and Citadele banka
  • Conexus Baltic Grid
  • Amber Assets
  • Riga Energy Efficiency Fund (REEF)
  • Labylon Network Limited

Work highlights

  • Advising Nordic Investment bank and Citadele banka on providing financing to AS PN Project, a company managed by Lords LB Asset Management, for the construction of an office complex.
  • Advised Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia, on a €80m bond programme.
  • Advised KGAL on a leaseback transaction in relation to three new Airbus A220-300 aircraft with Air Baltic Corporation AS.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Rūdolfs Eņģelis, Ramona Miglāne

Other key lawyers

Inese Heinacka, Agneta Rumpa, Mārtiņš Rudzītis