Cobalt Estonia has advised Laurus S.a.r.l., a joint venture of the Swiss investment company Partners Group and Northern Horizon Capital, on the sale of the Hobujaama 4 office building in Tallinn to Colonna.
Njord's Estonian office has advised AS Testfilm on the acquisition of a business line focusing on the cure of sleeping disorders and the provision of different specialized medical services from Unimed Grupp OU. Rask Attorneys-at-Law advised Unimed Grupp on the deal, which is expected to close before May 1, 2017.
Arsi Pavelts of Nove and Paul Varul from Varul — the Estonian office of Tark Grunte Sutkiene — have successfully represented Netica OU before the Estonian Supreme Court in a dispute with Paldiski Logistikapark OU and OU Riigiressursside Keskus revolving around, according to Nove, "acknowledgement of obligation."
According to Estonia's Nove law office, a study conducted by two of its lawyers that was commissioned by Estonia's Ministry of Justice and the Government Office and carried out in cooperation with the Estonian Center for Applied Research (CENTAR) has revealed that in order to better protect the interests of creditors and shareholders, cross-border mobility of companies should be easier and more expressly regulated.
On February 6th, 2017, CEELM reported that Ellex had advised AS Eesti Loto, the Estonian operator of the Bingo Loto, Keno Loto, Viking Loto, and Eurojackpot, on the recent completion of a procurement procedure in order to set up a new internal central information system designed to last for seven years. Heiki Kranich, the Chairman of the Management Board at AS Eesti Loto, agreed to explain how the procurement system was designed.