OREANDA-NEWS. March 06, 2012. SORAINEN Latvia represented Nordic Choice Hotels, the largest hotel chain in the Nordic region with over 170 hotels, in acquiring Hotel Valdemars in Riga through a joint venture between Nordic Choice Hotels and the Cakste family, the historic owners of the hotel. SORAINEN assisted the client in performing due diligence of the target, drafting the transaction documents and completing the transaction, reported the press-centre of SORAINEN.

The client was advised by the SORAINEN Latvia team led by office managing partner Eva Berlaus, senior associate Janis Bite and associate Roberts Prusis.