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We successfully represented the bankruptcy trustee and the company in a dispute over the recognition of an alleged claim of EUR 6.3 million in bankruptcy proceedings. The claim was based on alleged sales, assignment, and factoring agreements, but only one original was presented to the court. Copies of other documents required were also deficient. The […]
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We advised the Geological Survey of Estonia on signing two contracts, the first step in exploring the possibilities of processing and mining phosphorite. Exploring the phosphorite value chain The first contract was signed in January with Prayon Technologies to test phosphorite processing using the hydrochloric acid method. Three and a half tonnes of phosphorite were […]
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We analysed seafarers’ rights to social security and the obligations of the Estonian state in providing these guarantees, having been commissioned by the Ministry of Climate. The analysis was based on Estonian laws, European Union regulations and international law. The issue is important, as countries compete strongly to attract ships to sail under their flag. […]
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We advised Lidl Lietuva on the sale and long-term leaseback for two newly built stores in Lithuania. 1,979 sq. m store in Jurbarkas and a 2,312 sq. m store in Panevėžys were acquired by Tewox. The acquisition was financed with a EUR 6.7 million loan from Luminor Bank. Tewox acquired the store buildings along with […]
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We advised Aurdel Sweden, part of the DistIT Group, on the sale of 100% of the shares in Deltaco Baltic to ELKO Group. The sale price amounts to EUR 3 million, and the transaction is subject to customary regulatory approvals. As part of the deal, a Distribution Agreement was signed between Aurdel Sweden AB and […]
