Raidla Ellex has advised Eesti Energia AS in connection with the issuance of EUR 500 million notes due 2023.
Nove has represented UAB DK PZU Lietuva's Estonian branch in a dispute between a policyholder, an insurance broker, and a professional liability insurer regarding the question of who shall bear the responsibility for underinsurance (and is obliged to compensate the amount of indemnity left unpaid by the insurer) in property insurance.
Sorainen Estonia has advised Estectus, an SEB group property portfolio management company, on the sale of the ScalaCity office building in the Tallinn city center to Colonna investors. The newly renovated office building with a total lettable area of over 5,000 square meters will be managed by Colonna.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.
Sorainen has announced that Partner Allar Joks — who had been campaigning to become the President of Estonia since May — has returned to the firm’s Estonian office, Joks was one of two candidates who advanced to the final round of voting last Saturday, September 24, 2016, but neither of candidate received the number of votes required to become president. After four rounds of voting, the country remains without a head of state.