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.

Career

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.

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

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. Practice head Rūdolfs 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.

Latvia > EU and competition

Sorainen‘s competition and regulatory team specialises in antitrust and competition investigations, merger clearance proceedings, and compliance issues. The firm is instructed by a number of major investors, developers and corporates. The team is spearheaded by Ieva Andersone, who focuses on a spread of competition and regulatory matters, as well as infringement and violation of competition neutrality proceedings. Andersone is capably supported by managing partner Eva Berlaus, and finance and insurance practice head Rūdolfs Eņģelis. Senior associate Marika Grunte actively advises on competition risks.