TGS Baltic has advised AS Framm on the acquisition of AS Lasbet Tootmine from AS Lasbet. Derling Primus reportedly advised AS Lasbet on the deal.

Eversheds Sutherland Ots & Co Managing Partner Maivi Ots has been designated the reorganization adviser for proceedings related to AS Tallinna Moekombinaat, the owner and administrator of the T1 Mall of Tallinn.

Sorainen has advised Tenova India Private, an international innovative solutions provider for metals and mining, in an asset recovery process.

PwC Legal has successfully represented Guardtime in a public procurement dispute before the Public Procurement Review Committee and Tallinn Administrative Court, which allowed Guardtime to enter into a public procurement agreement with NATO to develop an automated planning and control platform for the NATO Cyber Range.

Contributed by Ellex Raidla.

"It’s the same in Estonia as everywhere else,” says Kristel Raidla-Talur, Partner and Co-Chair of the Banking & Finance practice group at Cobalt Estonia. “The virus is dictating our professional and personal activities.”

On February 19, 2020, CEE Legal Matters reported that Cobalt had advised Change Ventures on its EUR 500,000 investment in Estonian educational startup 99math. We spoke with Yrjo Ojasaar, Investment Partner at Change Ventures, to learn more.

Sorainen has advised the Kaamos Group, its Estonian subsidiary Kamos Timber, and its Belarusian subsidiary, Mozyr Sawmill, on a EUR 15 million loan from the EBRD for the construction of a new sawmill in Belarus on a brownfield site near Mozyr.

Pirkko-Liis Harkmaa and Lauri Liivat, former partners at PLH Legal and KPMG Law Estonia, respectively, have joined Sorainen Estonia’s Corporate and M&A Practice.

Risto Agur has joined Estonia's Nove law firm as Partner and Head of Corporate/M&A and Banking & Finance.

Cobalt has advised fashion brand house AS Baltika on reorganization proceedings.

Cobalt has successfully represented Estonia's largest waste handler Ragn-Sells AS in a dispute regarding the public procurement of a waste removal concession organized by the Vinni municipality in northern Estonia.

Pohla & Hallmagi has advised the Hobby Hall Group, operating under the Hansapost brand, on an agreement to manufacture and provide the seven clinics of the North Estonia Medical Center personal protective equipment.

Sweden's Per Magnusson, the co-founder of the Magnusson law firm, which has offices in seven countries — including four in CEE — has left the firm to launch an advisory business in Stockholm.

Contributed by Cobalt

Cobalt Advises Luminor Bank on First-Ever Covered Bonds Issuance in Baltics

Cobalt has advised Luminor Bank on its inaugural issue of covered bonds, with an aggregate nominal value of EUR 500 million. The covered bonds are to be listed on the Euronext Dublin Stock Exchange.

Cobalt Helps Nuctech Warsaw Win Public Procurement Procedure for Tallinn Airport Deal

Cobalt has successfully helped Nuctech Warsaw Company Limited Sp. z o.o. win a public procurement procedure to sell the Tallinn Airport two baggage-scanning devices.

Cobalt Advises Laurus on Sale of Valge Maja Office Building in Tallinn

Cobalt has advised Laurus S.a.r.l. on the sale of the Valge Maja office building in Tallinn to LHV pension funds.