Mr Rūdolfs Eņģelis > Sorainen > Riga, Latvia > Lawyer Profile

Sorainen
KR. VALDEMARA 21
LV-1010 Riga
Latvia

Work Department

Competition & Regulatory, Finance & Insurance

Position

Partner and head of the firm’s Finance & Insurance practice group in the Baltic States and Belarus.

Career

Since 2004 Rūdolfs Eņģelis has advised many leading names in the international and local financial markets, as well as public institutions and multilateral financial organisations.

Transactions in the finance sector. His 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. Rūdolfs has 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. He has also represented clients in cases before Latvia’s Competition Council, including merger clearances and alleged antitrust violations, and has acted in antitrust litigation in Latvia.

Legislative initiatives. Rūdolfs Eņģelis has worked extensively in the Latvian regulatory environment in banking and securities law as well as PPP.

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

Languages

Latvian, English, Russian

Memberships

  • Latvian Bar Association
  • International Bar Association

Education

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

Lawyer Rankings

Latvia > Banking, finance and capital markets

(Leading individuals)

Rūdolfs EņģelisSorainen

As a leading pan-Baltic firm with the ‘capacity to navigate very different interests‘, Sorainen is highly reputed for its work on major financings and capital markets, and also its regulatory compliance advice. It also handles corporate work in the financial services sector.  Rūdolfs Eņģelis, who heads up the team, counts Luminor Bank as a key client. He also advised Ignitis Group on its landmark IPO, which was the largest public offering to come out of the Baltic States. Eņģelis works with senior associate Inese Heinacka. Associate Agneta Rumpa is also recommended.

Latvia > EU and competition

Sorainen is notably adept at advising on issues concerning major public utilities and services, counting Riga City Council as a key client. Ieva Andersone leads the team, which is instructed in abuse of dominance cases, cartel investigations and merger control matters. It also advises on state aid, among other areas. The group is notably active in sectors such as pharmaceuticals and TMT. Names to note include Rūdolfs Eņģelis, Eva Berlaus, and senior associate Marika Grunte, who is highlighted for her ‘practical and holistic approach‘.