14
Fri, Aug
62 New Articles

Ellex Raidla Successful for Enefit Green in Defense of Merger Clearance

Ellex Raidla Successful for Enefit Green in Defense of Merger Clearance

Estonia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Ellex Raidla has successfully represented Enefit Green in a dispute over competition clearance the company received for its 2018 merger with Nelja Energia AS.

Enefit Green AS is a fully-owned subsidiary of Eesti Energia AS. According to Ellex Raidla, the November 6, 2018 endorsement of Enefit Green's merger with Nelia Energia by Estonia's Competition Authority was contested by Eleon AS, AS Eesti Elekter, Eurowind OU, Vaivara Tuulepark OU, Roheline Elekter AS, Aidu Tuulepark OU, Audru Tuulepark OU, and OU Estwind Energy.

According to Ellex, "the Tallinn Administrative Court on July 17 upheld the stance of the Competition Authority, dismissed the application of the appellants, and left the decision of the Competition Authority unchanged.

Estonian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.

 

Our Latest Issue