-
The Supreme Court confirms Saaremaa Laevakompanii has no liabilities and bankruptcy proceedings initiated against the company therefore unfounded
A court ruling has entered into force, fully dismissing the claim brought by the bankruptcy trustee of Reyna Trade against Saaremaa Laevakompanii for the recognition of a claim during the bankruptcy proceedings. The initial claim of EUR 9 million was reduced to EUR 300,000 during the proceedings; however, even this amount was not recognised in full. The dispute, which […]
-
Criminal proceedings concluded successfully for client, changing Estonian case law
Since 2021, we have been representing Paikre OÜ, a waste management company, as the injured party in a complex criminal proceeding. The case twice went through all three levels of the Estonian court system, and on both occasions, the Supreme Court ruled in our client’s favour. This was a landmark case that changed Estonian court […]
-
Estonia updates laws to support international business and investment
We advised the European Bank for Reconstruction and Development (EBRD) on the technical cooperation project “Development of a Legal and Regulatory Framework for Derivatives in Estonia”. On 15 October 2025, the Estonian Parliament adopted amendments to the Securities Market Act and other related acts, which introduce the uniform application of close-out netting regulation into Estonian […]
-
Successful representation of bankruptcy trustees in a dispute over the recognition of a EUR 9 million claim
We successfully represented the bankruptcy trustees of Saaremaa Laevakompanii in a dispute over the recognition of a EUR 9 million claim. The opposing party in the litigation was the bankruptcy trustee of the insolvent company Reyna Trade, whose claim was completely dismissed. This court victory significantly impacts Saaremaa Laevakompanii’s bankruptcy proceedings, as it will lead […]
-
A special audit identified deficiencies in the previous management of Eesti Energia AS
We conducted a special audit of Eesti Energia and its subsidiaries, commissioned by the Ministry of Finance. Four areas were analysed, and 37 observations were made. “We monitored the implementation of actions agreed upon in internal audits. To do this, we analysed documents, as well as explanations provided to us separately, and information obtained during […]