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We represented Eesti Energia, an international energy company headquartered in Estonia, during a dispute with Lelle 22 Holding over the terms of the public procurement procedure for leasing new headquarters for the Eesti Energia group. The estimated value of the contract was approximately EUR 24 million. Most of the disputed terms were deemed legal Lelle […]
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We represented the Estonian ferry operator Kihnu Veeteed in a dispute with the Viimsi municipal government concerning public procurement for the Prangli ferry route. This was a landmark case, as no similar case is known in the past decade of administrative practice in which a procurement dispute was resolved following a precept from the Ministry […]
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At the Baltic M&A and Private Equity Forum, industry leaders stressed the importance of adapting to market conditions, building strong investor relationships and embracing innovative business models. Key topics included the importance of governance, political risk insurance, and opportunities in defence technology. While the IPO market has stalled, a rise has been observed in secondary […]
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Trainee Povilas Virbašius compiled the material. Tax The court of justice ruled on whether the denial of tax refunds to non-resident investment funds is compatible with the free movement of capital Ruling: 30 April 2025 The court of justice delivered its judgment in the case Austria v. Franklin Mutual Series Funds – Franklin Mutual European […]
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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 […]
