OREANDA-NEWS.  November 06, 2014. SORAINEN advised Norwegian companies Woodfarm and Woodham on disposal of their 27% shareholding in Libros holdingas, a Lithuanian holding company consolidating companies in the Libra Group which are engaged in timber, furniture manufacturing and related businesses.

Advice included preparation of transaction documentation, representing the clients in negotiations with the company and other shareholders and other related transaction issues. The transaction was complex as it involved managing different interests of the shareholders in the company as well as implementing complicated conditions precedent.  

The clients were advised by partner Laimonas Skibarka and associate Vaidotas Melynavicius.