Legal blogs
- Snow, ice and insurance 16 Feb 2011, Insurance, Latvia, Eva Berlaus, Santa Rubīna It seemed that the snow would all just melt and spring might start, but this was an illusion. Snow again began to fall and temperatures dropped, raising questions whether the events at the outset of this year could happen again and...
- New rules on guarantees or when must another person's debts be paid without objection? 13 Oct 2010, Banking, Restructuring & Insolvency, Latvia, Inese Heinacka In large procurement tenders, construction projects, as well as in other transactions involving significant sums, a guarantee is often required. In these cases a third party (most often a bank) guarantees another person's - the...
- Way to success: internal restructuring? 28 Sep 2010, Restructuring & Insolvency, Corporate, Estonia, Karin Madisson, Karl J. Paadam During times of economic growth, some companies expanded the scope of their business, founding new companies both in Estonia and neighbouring countries. When the economy started to cool down, some entrepreneurs also had the courage...
- Practical tips for receiving insurance payments 28 Jul 2010, Insurance, Latvia, Eva Berlaus, Santa Rubīna What makes insurers pay? Eva Berlaus , office managing partner of SORAINEN Latvia, offers practical advice on making the most of insurance claims. At times the media publish news on another increased-risk fire, damage caused by...
- Latin America has more to offer than excellent footballers 10 Jul 2010, Mergers & Acquisitions, Commence/, Kadri Kallas, Luis Felipe Mohando The world of mergers & acquisitions (and the World's economy in general) came almost to a halt after the collapse of Lehman Brothers in September 2008 and only now things are looking more hopeful. And as the summer starts there...
- New rules for all Estonian websites 30 Jun 2010, Telecommunications, Information Technology & Data Protection, Intellectual Property, Estonia, Kaupo Lepasepp, Indrek Eelmets With new .ee domain rules several current restrictions will be cancelled and all existing .ee domains need to be re-registered, notes law firm SORAINEN. The Estonian Internet Foundation declared recently that new .ee domain...
- Board member liability and entrepreneurship: a case for the business judgment rule in Estonia 12 Jan 2010, Corporate, Estonia, Reimo Hammerberg During the current economic downturn, focus has again shifted towards scrutinising director liability in Estonia under the principal duties of care and loyalty. A number of articles have been written on the subject in recent...
- 10 tips to consider in buying out distressed companies 22 Dec 2009, Mergers & Acquisitions, Estonia, Toomas Prangli The global financial crisis is gaining strength and digging its claws deeper into other areas of the economy. The effects are that many companies now face complex situations which are very difficult to cope with alone. On the...
- Did you accidentally get married when you established a joint venture? 16 Dec 2009, Mergers & Acquisitions, Corporate, Estonia, Toomas Prangli, Anne Adamson Statistics show that, in times of economic bliss and growth, far more marriages are registered than in times of economic downturn. Statistics also show that many marriages end in divorce as the economy stalls. Financial cuts in...
- Baltic M&A market – fewer transactions, more distressed buyouts 11 Nov 2009, Mergers & Acquisitions, Estonia, Lithuania, Latvia, Laimonas Skibarka It is no surprise that the level of mergers & acquisitions (M&A) activity in Estonia, Latvia and Lithuania has significantly decreased during the current year. This tendency is well demonstrated by the volume of deals...
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