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European Legal update: 01.04. – 14.04.2025.
Assistant lawyer Liis Pormeister compiled the material. Competition The Commission fines car manufacturers and association €458 million over end-of-life vehicle recycling cartel Published: 1 April 2025 The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. The […]
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What helps to support the competitiveness of the Estonian maritime industry?
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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Ridango continues to transform public transit across the world
We are advising BaltCap and the other shareholders (including the management) of Ridango, an intelligent transportation software provider for public transit systems, in securing a majority strategic growth investment from Bregal Milestone, a leading European software growth private equity firm. This investment aims to accelerate Ridango’s organic and inorganic growth. Public transportation drives sustainable urban […]
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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 […]
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CVI finances acquisition of TOKS shares by Žabolis Partners
We advised funds managed by the Polish private debt investment firm CVI Dom Maklerski on a secured bond issue. Investment group Žabolis Partners used the proceeds from this issue to acquire a majority stake in the bus company Tolimojo Keleivinio Transporto Kompanija (TOKS). TOKS is one of the largest companies in the passenger transport industry […]