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We successfully represented Saaremaa Laevakompanii (an Estonia-based shipping company) in a dispute over the recovery of a compromise agreement of EUR 60 million. Significant economic impact The dispute started in 2018, when the plaintiffs filed claims against Saaremaa Laevakompanii (SLK) to revoke specific clauses of the compromise agreement in recovery, claiming that they were damaging […]
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We were invited to be the exclusive country contributor to the CEE Legal Matters Comparative Legal Guide: Restructuring 2022 for Estonia. The CEE Legal Matters Comparative Legal Guide: Restructuring 2022 provides critical information on the legal framework regarding insolvency and restructuring across the CEE region. It looks at legislation and international instruments, any special regimes […]
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In the 2022 Summer issue of Eurofenix, the journal of INSOL Europe, our insolvency experts, senior associate Dr. Mari Agarmaa and associate Aleksandr Šapovalov published a report about Estonia focusing on the establishment of an Insolvency Division in Estonia. Late initiation of bankruptcy proceedings The main issues in Estonian bankruptcy proceedings are associated with the […]
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Our senior associate Dr. Mari Agarmaa, head of our Estonian insolvency and restructuring workstream, was appointed as an Estonian Bankruptcy law expert in the landmark Irish court proceedings regarding the bankruptcy proceedings of Estonian entrepreneur Oliver Kruuda. EU cross-border insolvency regulation in focus Mr. Kruuda’s bankruptcy was declared in 2021 by both Estonian and Irish […]