Law firm SORAINEN named Baltic Law Firm of the Year

23.03.2012, 13:14

Law firm SORAINEN has won its third “Baltic Law Firm of the Year” award at the International Financial Law Review (IFLR) European Awards 2012.

The firm has already been honoured with this international acknowledgement two years in a row back in 2009 and 2010. IFLR established the award for Baltics in 2008.

SORAINEN received the award for its contribution to the most complex and innovative international transactions in the Baltic region in 2011. Recognition came particularly for legal and tax assistance in Hitachi’s strategic investment in the new nuclear power plant project in Lithuania, the cross-border merger of Heidelberg Druckmaschinen subsidiaries in Latvia, Estonia, Lithuania and Finland, drafting PPP documentation for the approx EUR 1.5 billion worth Riga Northern Transport Corridor Project and advising on Elering’s EUR 225 million debut Eurobond issue on London Stock Exchange.

“We are proud to be honoured by IFLR already for the third time. The highest expertise is one of our major goals since SORAINEN was established. The fact that our business-minded solutions in the most innovative and complex cross-border transactions are recognised internationally is the best proof of us being in line with our goal and doing the best to maximise potential of our client business,” comments Aku Sorainen, senior partner of SORAINEN.

IFLR, part of Euromoney Legal Media Group and issued for over 20 years, is the world's leading publication for in-house counsel and practitioners in financial markets. The annual IFLR European Awards recognise the leading law firms in Europe for advising on the most complex and innovative international transactions in the areas of debt, equity and capital markets, project financing, restructuring and mergers and acquisitions (M&A). IFLR awards are based on submissions by firms plus feedback from clients, in-house counsel and financing specialists at international financial institutions.

With repeated recognition from IFLR, SORAINEN continues to be the most awarded and internationally recognised law firm in the Baltics. In addition to receiving the IFLR award in 2009, 2010 and 2012, SORAINEN was recognised as “Baltic Law Firm of the Year” at the PLC Which lawyer? Law Firm Awards 2009 and 2010 and as “Baltic Legal Adviser of the Year” at the European M&A Awards 2008 organised by The Financial Times & Mergermarket.

SORAINEN is the leading regional business law firm with fully integrated offices in Estonia, Latvia, Lithuania and Belarus. Established in 1995, today SORAINEN numbers more than 120 lawyers and tax consultants advising international and local organisations on all business law and tax issues involving the Baltic States and Belarus. SORAINEN is the first law firm in the Baltics and the only one in Belarus to have implemented a quality management system under ISO 9001 standards.