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Estonian court enforces FOSFA awards in 12 months
We successfully represented a client in the recognition and enforcement proceedings of a London-based arbitration award. Namely, the Harju County Court of Estonia issued a ruling that enforced the two foreign arbitral awards rendered in London under the rules of the Federation of Oils, Seeds and Fats Associations (“FOSFA”) in Estonia. Dispute over linseed delivery […]
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Supersimple secures EUR 2 million to expand AI-native data analytics platform
We advised the Estonian AI-native data analytics platform Supersimple on securing EUR 2 million in a pre-seed round of funding. The investment round was led by Estonian venture capital funds Tera Ventures and Specialist VC; Tiny VC and various angel investors, including the former CTO of Twilio and the founders of Sixfold and Grünfin. Essential […]
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Startups Geneto and FitQ join forces to develop a more sustainable health app
We advised Estonian health technology startup Geneto on its merger with video training platform FitQ. As a result of a joint agreement between Geneto’s shareholders, Jaak Sarv, founder of Geneto, became co-founder and product manager of FitQ. The merger will allow the companies to integrate their products and offer their services as a one-stop solution […]
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B2B payment service provider Hokodo attracts EUR 100 million investment
We advised B2B payment service provider Hokodo on raising EUR 100 million financing in the form of a multi-jurisdictional securitisation transaction. The financing was provided by Viola Credit, a global alternative credit asset manager. With this new financing, Hokodo will facilitate more than EUR 1.5 billion of B2B transactions over the next 24 months. The […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]