Ellex Raidla has helped Skeleton Technologies Group raise EUR 41.3 million in a funding round from a group of investors, including EIT InnoEnergy, FirstFloor Capital, MM Group, and Harju Elekter.

Attorney Erki Fels has taken over as Head of the Public Procurement practice at PwC Legal Estonia from Partner Priit Latt.

Indrek Kukk has become Head of the Public Law and Regulation practice at PwC Legal Estonia. 

Sorainen has advised Northern Horizon Capital on a secondary public offering that raised EUR 7.2 million and listing of new units of the Baltic Horizon Fund on Nasdaq Tallinn and Nasdaq Stockholm stock exchanges.

Sorainen has advised Metsagrupp on its entrance into a joint venture with Sunly Land.

Sorainen has advised Splunk Inc., a US-based global provider of the Data-to-Everything Platform, on the acquisition of Estonian tech startup Plumbr. Eversheds Sutherland advised Plumbr's selling shareholders on the deal.

On September 14, 2020, CEE Legal Matters reported that Sorainen had advised Sunly City on the implementation of a new business model for electricity consumers and on the development and drafting of customer contracts for solar energy solutions. CEEIHM spoke with Marek Sakk, Project Manager at Sunly City, to learn more.

Cobalt has successfully represented Protex Balti in a dispute with Amigtex before the Harju County Court and Tallinn District Court.

Cobalt has successfully represented textile solutions supplier Protex Balti AS in a dispute with Amigtex, the vendor of Optitex software, before the Harju County Court and the Tallinn District Court.

Sorainen has advised Infracapital and AMP Capital on the sale of their combined ownership interest in Adven, a provider of clean energy solutions across the Nordics and Baltics, to unnamed institutional investors.

Ellex Raidla has advised the LHV Group on the public offering of its EUR 25 million subordinated bonds.

Walless of Lithuania, Derling Primus of Estonia, and Primus Derling of Latvia have signed an agreement to form a pan-Baltic firm operating under the Walless brand.

Estonia's Nove Law Firm has successfully represented the Political Party Financing Supervision Committee in a dispute with the Center Party of Estonia.

“The current political situation in Estonia is quite confusing,” says Gerli Kilusk, Partner at Ellex in Estonia. “We had the general elections in 2019, which were won by the center-right Reform party. However, to everyone’s surprise, a coalition was formed by the Centre party with the minority Conservative People's party, which is well known for its far-right stances.” A year later, she says, “that coalition is not functioning very well, as even though the prime minister is from the Centre party, the politics seem to be are actually dictated by the conservatives.”

Sorainen has advised Sunly City on the implementation of a new business model for electricity consumers, and on developing and drafting customer contracts for solar energy solutions.

Eversheds Sutherland in Estonia has advised UP Invest on its EUR 65 million acquisition of Forum Cinemas from AMC. Sorainen advised AMC on the deal, which remains contingent on the approval of the Estonian, Latvian, and Lithuanian competition authorities.

TGS Baltic has successfully represented the interests of Kuu HUBB Oy in a dispute in the Arbitration Court of the Estonian Chamber of Commerce and Industry. 

PwC Legal has advised GuardTime on its entrance into a partnership with the Estonian Ministry of Interior’s IT and Development Centre.