Described as ‘a team which comprises seasoned professionals specialising in financial law’, Sorainen's team stands out for its renewable energy finance expertise. The group is active in a range of sectors, particularly the insurance sector. Acquisition finance, bond issuance, note issuance, and collateral agreements all feature in the team's workload, as does cross-border regulatory work. Rūdolfs Eņģelis and fintech specialist Ramona Miglāne co-lead the team. Agneta Rumpa is also key in fintech, particularly in crypto-related projects. Counsel Inese Heinacka is another standout practitioner.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Ramona Miglāne understands the needs of the client and knows about all the newest trends’
- 'They involve Sorainen Lithuania when necessary.'
- ‘Hands-on, proactive communication and collaboration with other teams in the firm and with our internal team. It was very smooth.’
- ‘Ramona Miglāne co-heads the financial practice of Sorainen’s finance practice. She has been actively involved in developing the fintech ecosystem in the country. Rūdolfs Enģelis is a seasoned professional who has actively contributed to developing a vibrant fintech ecosystem in Latvia. Agneta Rumpa is an emerging expert. She has been advising numerous fintech, crypto, and blockchain projects as part of the Sorainen team.’
- ‘The practice has a team which comprises seasoned professionals specialising in financial law. They have played a pivotal role in the incorporation and licensing of several of Latvia’s leading fintech companies, and Sorainen has been instrumental in shaping the country’s fintech ecosystem.’
- ‘Sorainen has a team with very experienced lawyers that are competent in any matter in this sector. They are quick and business-oriented.’
Key clients
- Avia Solutions Group
- Longo Group
- Gjensidige Forsikring
- Bitė Group
- Berenberg
- NORD/LB Norddeutsche Landesbank, Nordic Investment Bank, Luminor Bank
- Reverence Capital Partners
- Niam Infrastructure
- Entrum
- Ignitis Renewables
- Nasdaq CSD SE
- OC Vision
Work highlights
Advised Ignitis Renewables on securing a €77.5 million joint loan from Swedbank Lithuania and Swedbank Latvia to finance the development of the Stelpe and Vārme solar farms in Latvia, with a total planned capacity of 239 MW.
Acted for NORD/LB Norddeutsche Landesbank, Nordic Investment Bank, and Luminor Bank in the €75 million financing of a 148 MWp photovoltaic (PV) plant in Latvia, developed by Stelo Orienta SIA and sponsored by European Energy A/S under the InvestEU Fund.
Advised Deutsche Bank AG on a €125 million senior refinancing facility, involving complex cross-border structuring and extensive negotiations on financing terms and documentation.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Rūdolfs Eņģelis; Ramona Miglāne
Other key lawyers
Agneta Rumpa; Inese Heinacka