Linklaters has advised Goldman Sachs Bank Europe as the global coordinator and JLM and LHV Bank as joint lead managers on the offering of a EUR 400 million perpetual green hybrid bond by Eesti Energia.

TGS Baltic has advised Rulonas on its acquisition of IMS Baltic companies from Metal Service Group Holding. Widen Legal reportedly advised the sellers.

Cobalt has advised C.D Holding Internationale on its acquisition of Stebby from Livonia Partners.

Walless has advised Harju KEK on the divestment of its subsidiary’s AS Entek district heating network in Keila Toostuspark to Utilitas Eesti.

TGS Baltic has successfully represented Tallinn University of Technology before the Supreme Court of Estonia in a dispute against AS Tallinna Vesi concerning water prices.

Ellex has advised Specialist VC as the lead investor on the EUR 1.75 million seed round for Estonian medtech company Nanordica Medical.

TGS Baltic has successfully represented the subsidiaries of Port of Tallinn before the Supreme Court in a case involving alleged use of business secrets.

Estonia's legal landscape in dispute resolution remains surprisingly stable amid economic turmoil, Cobalt Managing Associate Annika Peetsalu reports. Despite a surge in bankruptcies, particularly in the construction sector, the volume of legal disputes has not significantly increased.

Cobalt has advised Balti Autoosad on its acquisition of Automeister.

Cobalt has advised Esgrid on its pre-seed funding.

Cobalt has advised BPM Capital on financing for Estonian paint manufacturer Eskaro via the BPM Mezzanine Fund II.

Cobalt has advised Helmes on its acquisition of a majority stake in Trinidad Wiseman.

Cobalt has advised the privately held investment fund Livonia on its acquisition of a stake in Telema. Ellex advised Telema. Eipre & Partners reportedly advised the target company.

Former Managing Associates Jesse Kivisaari and Lembit Tedder have been promoted to Partner at Cobalt Estonia.

TGS Baltic has advised Nordic Investment Bank on an investment loan of EUR 16.1 million to TKM Kinnisvara to finance the construction of a logistics center.

After prolonged delays, the Estonian Parliament finally incorporated the EU Whistleblowing Directive into national law on 15 May 2024 by passing the Act on the Protection of Whistleblowers of Work-Related Violations of European Union Law (referred to as the Whistleblower Protection Act).

The Gen Temizer Erdogan Girgin Attorney Partnership has advised Eleven Ventures on its investment in Estonian start-up Cognitiwe.

Former Rask Partner Mart Rask has decided to end his career as an Attorney at Law and step down from the Estonian Bar Association. He will continue his work with his eponymous firm as an Advisor.