Andrius Digrys has joined BLRT Grupp AS as its General Counsel in Estonia.
Deal 5: IuteCredit Head of Legal Kadi Raudsepp on EUR 75 Million Bond Issuance
On October 18, 2021, CEE Legal Matters reported that Lextal has advised Estonian financial technology group IuteCredit on its EUR 75 million senior secured corporate bonds issuance. CEE In-House Matters spoke with Kadi Raudsepp, Head of Legal & Compliance at IuteCredit, to learn more about the matter.
Sorainen Names Nine New Partners
Sorainen has promoted nine new Partners in three different countries. Estonia's Kaido Kunnapas and Katlin Krisak, Lithuania's Simonas Skukauskas, Monika Malisauskaite-Vaupsiene, Evaldas Dudonis, Kazimieras Karpickis, and Indre Sceponiene, and Belarus' Ann Laevskaya and Kirill Laptev have all joined the Sorainen partnership at the beginning of 2022.
Real Estate Laws and Regulations in Estonia
Contributed by Walless.
The Buzz in Estonia: Interview with Kristi Sild of Lextal
Similarly to the rest of the world, the major factor affecting every aspect of life is COVID-19, however, despite the crisis, things are going rather well in Estonia, according to Lextal Partner Kristi Sild.
Rutt Vark Rejoins Ellex in Estonia
Former PwC Legal Estonia Head of M&A Rutt Vark will rejoin Ellex’s Estonia office as an M&A Counsel as of January 1, 2022.
12 Recommendations to Consider Before Buying Real Estate in the Baltics
The real estate market in all three Baltic States is closely related and, although the legal systems vary a bit, buyers face the same or similar issues. Although important details concerning the purchase of real estate are brought forth in the sale contract drawn up by a notary (in Estonia and Lithuania) or attorney at law (in Latvia), in practice various nuances still tend to be left unattended.
Guest Editorial: Turning Crisis into Opportunity
In my career, I have lived through four crises. In 1991, when I started a legal business, there was a total economic collapse, with a shortage of the most basic essential goods – no furniture or computers, or even proper light bulbs for the office. Then there was the ‘Russian’ crisis of 2000, a crisis of foreign currency and the ruble. The one of 2008-2010 followed. And now we have the COVID-19 pandemic – perhaps not so much an economic crisis as one arising from a climate of uncertainty.
Klen Laus Makes Partner at Triniti Estonia
Triniti has appointed Klen Laus as a Partner with the firm’s Estonian practice.
The Buzz in Estonia: Interview with Rolan Jankelevitsh of Walless
While no major plots or surprises were witnessed during the latest presidential and local elections, Estonia’s recent legislative developments might have a significant impact on the business sector, according to Walless Partner Rolan Jankelevitsh.
The Corner Office: How Do You Disconnect?
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With summer having just passed, the question this time: What is your one favorite yearly activity to disconnect?
Keidi Koiv to Head Rask's Public Procurement Practice
Rask Attorney Keidi Koiv has been appointed Co-Head of the firm’s Public Procurement practice.
Deal 5: Montonio Finance Director Rasmus Oisma on EUR 2.5 Million Investment Round
On August 19, 2021, CEE Legal Matters reported that Sorainen had advised Montonio on raising EUR 2.5 million from Tera Ventures, as well as ffVC, Superangel, Practica, 365.fintech, Startup Wise Guys, and a number of business angels. CEE In-House Matters spoke with Rasmus Oisma, Director at Montonio Finance, to learn more about the matter.
In a League (Table) of Their Own: A Look at Baltic Firms’ Volume of Client Matters
Regional periodical league tables ranking M&A activity through the lens of the law firms advising on the deals are often dominated by Baltic law firms, with the CEELM Index special issue of the CEE Legal Matters magazine reflecting the same trend. To better understand why that is so, we spoke with several Partners – from both Baltic firms and other CEE jurisdictions.
SupplierPlus Head of Legal Moves to PwC Legal in Estonia
Former SupplierPlus Head of Group Legal Kirill Lezeiko returns to private practice by rejoining PwC Legal in Estonia.
ICC International Court of Arbitration Appoints Malgorzata Surdek-Janicka as Vice-President
CMS' Malgorzata Surdek-Janicka has been appointed as Vice-President of the International Court of Arbitration at the International Chamber of Commerce in Paris. Aside from Surdek-Janicka, 33 lawyers from CEE were appointed as members and alternate members of the court.
Deal 5: Practica Capital Co-Founding Partner Donatas Keras on Investment in Biomatter Designs
On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.
Estonia: Active Real Estate Market Gets Further Support from Online Transactions
Estonia’s real estate market is going strong despite the uncertainties and hardships caused by the COVID-19 pandemic. The number of real estate transactions was 20% higher and the total value of transactions 31% higher in the fourth quarter of 2020 than the same quarter the year before (and up 11% and 31% from the third quarter of 2020). As prices also continue to rise – the composite real estate index rose 10% year-on-year – Estonia remains an attractive place for real estate investments. Recent changes, further digitizing the transactions, are making it easier than ever for foreign investors.