Attorney Kirill Lezeiko has taken over as Head of Banking and Finance at PwC Legal Estonia from Co-Founder Viljar Kahari, effective August 1.
Baltic Transaction Market Trends: The First Half of 2022 - Estonia
The resilience of the transactions market and the trust of investors in the Baltic region has proved remarkable, although figures show a 15% decrease in global mid-market M&A deals (according to the Refinitiv published M&A Review of the first half of 2022). Despite the Ukraine war and mounting global challenges the deal flow, although at a much calmer pace, continues and remains promising for the second half of the year. Looking back on the first six months, COBALT experts highlight the main trends in each of the Baltic countries.
Estonia: ESG – A Journey from Nice-To-Have to Must-Have
ESG has moved from conference halls to a daily function for many companies worldwide. In Estonia, stakeholder expectations for corporate ESG are still evolving, yet rising. Some companies are already incorporating ESG into their daily business, as they understand its value. Along with stakeholder expectations, regulatory scrutiny is also increasing, showing a dramatic increase in ESG reporting requirements worldwide.
PwC Legal Advises Wolf Group on NFT Issuance
PwC Legal has advised the Wolf Group on the issuance of non-fungible tokens.
Sorainen Successful for Kirsti Valdstein-Timmer in Libel Dispute
Sorainen has successfully represented Kirsti Valdstein-Timmer in litigation proceedings regarding the publishing of incorrect facts and statements in media by Ekspress Meedia and former Kroonika journalist Vahur Joa.
PwC Legal Estonia Successful for Espak Ehitustood in Court
PwC Legal Estonia has successfully represented the interests of Espak Ehitustood in a construction contracts dispute.
PwC Legal Advises eAgronom on Carbon Credit Trading Spin-off
PwC Legal has advised the eAgronom start-up on the spin-off transaction of blockchain-based carbon credit trader Solid World DAO, as a decentralized autonomous organization.
Sorainen Advises 99math on USD 2.1 Million Investment Round
Sorainen has advised Estonia-based startup 99math on its USD 2.1 million investment round led by Play Ventures, with existing shareholders Flyer One Ventures and Change Ventures participating.
Ilyashev & Partners Announces Glimstedt Cooperation
Ilyashev & Partners has announced it has started a cooperation with Glimstedt to expand the firm's capabilities in EU countries.
Cobalt Advises Asuntosalkku on Nasdaq First North Growth Market Listing
Cobalt has advised Asuntosalkku on its listing to the Nasdaq First North Growth Market in Finland. Bird & Bird reportedly also advised Asuntosalkku.
Triniti Advises UG Investments on Acquisition of 50% Stake in Audi Estonia
Triniti has advised UG Investments on its acquisition of a 50% stake in Fourings from Tallinn-headquartered Decem. Reportedly, Grant Thornton advised Decem on the deal.
Cobalt Advises Meko on Koivunen Acquisition
Cobalt has advised vehicle parts distributor Meko on its EUR 122 million acquisition of spare parts and services provider Koivunen.
Sorainen Advises IK Partners and Renta on Uprent Acquisition
Sorainen has advised IK Partners and the Renta Group on the acquisition of the Uprent Group.
Closing: INVL Acquisition of Mandatum Life’s Baltic Insurance Business Now Closed
On July 1, 2022, Sorainen announced that INVL’s acquisition of the Mandatum Life Baltic insurance business (reported by CEE Legal Matters on June 29, 2021) had closed, after obtaining all the necessary licenses and permits from the Baltic and Finnish supervisory authorities (as reported by CEE Legal Matters on March 18, 2022).
Nearly 100,000 e-Residents - Tax Benefits for Entrepreneurs in Estonia
Why do entrepreneurs choose Estonia?
PwC Legal Advises LimeWire on USD 10 Million Token Sale
PwC Legal has advised LimeWire on raising USD 10.4 million in a private sale of its native token, LMWR, in a round led by Kraken Ventures, Arrington XRP Capital, and GSR.
Pohla & Hallmagi Successful for Farwell Kaubandus in Public Procurement Dispute
Pohla & Hallmagi has successfully represented Estonian official distributor of Electrolux professional industrial kitchen appliances Farwell Kaubandus before the Estonian Public Procurement Dispute Board.
PwC Legal Advises SK ID Solutions on Five-Year Contract for Estonia's Mobile-ID Service
PwC Legal has advised certification service provider SK ID Solutions on a five-year concession contract with the Estonian Information System Authority to continue the Mobile-ID service.