The Legal 500

Estonia

Editorial sections

Other

All countries

Recently viewed firm rankings

The Legal 500 The Legal 500
The Legal 500 The Legal 500

Recently viewed firm profiles

"Associated Borenius Group offices in Finland, Estonia, Latvia, Lithuania and US assemble approximately 200 lawyers. www.boreniusgroup.comThe member firms of Borenius Group are inde..." read more

Recently viewed lawyer profiles

 

The Legal 500 readership survey

The Legal 500 is conducting its first global survey of how corporate counsel and law firms use The Legal 500. We would be grateful if you could spend 10 minutes answering the survey questions to aid us in improving our research and how we deliver it. Click here to give us your feedback.

 

Legal market overview

The market’s relatively stable banking system has continued to provide a diet of investment and cross-border transactions, although the deal flow was inconsistent in 2012.

The ‘Big Six’ full-service firms cornered most of the market’s upper-end deals, making it hard for smaller firms to keep up. That said, a number of new boutiques have been founded. These included Angerjärv & Krautmann, which emerged from the team at Hansa Law Offices and has carved a reputation for itself in tax and disputes, and the newly formed Alterna Law, which was founded in autumn 2012 by lawyers from Glikman & Partnerid.

Search News and Articles

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Estonia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • Estonia allows claiming punitive damages

    On 31st December 2010 amendments to the Law Obligations Act (hereinafter LOA) came into force in Estonia, introducing the regulation allowing claiming punitive and preventive damages. Though the new regulation allows exemplary damages to be awarded only in the event of non-proprietary damages, it nevertheless constitutes a general paradigm shift, allowing for a much broader protection of personal rights.
    - Concordia Attorneys at Law

  • Review of reorganisation proceedings in Estonia

    Until the adoption of Reorganisation Act Estonian legislation did not provide efficient regulation for companies which were in temporary financial difficulties, but could be “rescued” via certain turn-around proceedings to overcome the economically difficult period.  
    - Concordia Attorneys at Law

  • New Estonian Advertising Act

    New Advertising Act has entered into force from 1st of November 2008. The main reason for drafting the new Act was the current situation in the advertising market – the legal regulation of the Advertising Act passed in 1997 needed to be modernized. Requirements for advertising goods and services, which are likely to cause controversy in the society, have been specified. Additional restrictions have been provided for advertising of alcohol products and financial services, while exemptions have been added to the advertising regulation of tobacco products and gambling. The efficiency of surveillance has been improved and additional measures have been taken. Consistency with the EU law is important in order to avoid discrimination of foreign manufacturers and service providers. Drafting a new act was expedient, whereas extensive amendments were to be made to the current legal regulation of advertising.
    - Concordia Attorneys at Law

  • Division of the company as the joint property between the spouses

    The Civil Chamber of the Estonian Supreme Court has thoroughly handled the topics of division of joint property, repeated some earlier principles and given the clear instruction in the proceeding of division of the joint property of spouses in the question of assessment of the value of the company.
    - Concordia Attorneys at Law

  • Estonian Supreme Court on the tax avoidance rules in share transfers

    The Estonian Supreme Court handled the taxation of the earnings of the physical persons through the application of the rule of economic interpretation (Taxation Act § 84) in its decision of 6 November 2008. In this case the Supreme Court gave the instructions which circumstances are important for establishing the existence of the objective of tax evasion. This is a significant decision in the cases of transfer of securities, where the tax authority has found that the substance and form of the transaction are not in compliance and in no doubt will have its impact to assessing the tax consequences of corporate restructurings.
    - Concordia Attorneys at Law

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

  • Sayenko Kharenko – legal counsel on the acquisition of ING’s securities and custody services bus

    Sayenko Kharenko - legal counsel on the acquisition of ING's securities and custody services business by Citibank. Normal 0 false false false RU X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Обычная таблица"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi; mso-fareast-language:EN-US;}
    - Sayenko Kharenko

  • LS Horizon Limited advised PTG Energy Public Company Limited

    LS Horizon Limited has advised PTG Energy Public Company Limited (the " Company "), which operates the business of distribution of petroleum products and equipment for gas stations, including fuel selling through its PT petrol stations, in connection with its initial public offering (" IPO ") and listing of its shares on the Stock Exchange of Thailand (" SET ").
    - LS Horizon Limited

  • Penningtons establishes pensions team with two senior lateral hires

    Penningtons Solicitors LLP has recruited partner Maria Riccio and associate Rupert Graham-Evans to lead its newly established pensions law team. Working between the firm's Hampshire and London offices, they will also support Penningtons' regional offices across Cambridge and the South East, advising clients in the UK and internationally.
    - Penningtons Solicitors LLP

  • Matouk Bassiouny Advises Emirates NBD PJSC on the USD 500 Million Acquisition of BNP Paribas S.A.E.

    Matouk Bassiouny advised Emirates NBD PJSC on the acquisition of 100% of the share capital of BNP Paribas S.A.E. in Egypt.  The value of the transaction amounted to USD 500 million. The Share Purchase Agreement was signed in December 2012 and closing took place in Cairo on Sunday June 9 th 2013. 
    - DLA Matouk Bassiouny

  • Partner and Senior Associate join Matouk Bassiouny's Dispute Resolution group

    We are delighted to inform you that Johanne Cox joins Matouk Bassiouny as a Partner in the firm's Dispute Resolution group. Johanne has practiced international arbitration in Egypt for a number of years, prior to which, she practiced arbitration in London and Paris at leading international law firms.  She is recognized in Legal 500 (2013) as "very experienced and knowledgeable", adding a "great dynamic" to her law firm's practice.  Johanne is a Fellow of the Chartered Institute of Arbitrators, a Solicitor-Advocate in England and Wales, and an accredited Mediator.
    - DLA Matouk Bassiouny

  • Landmark Supreme Court judgement on the Rights of Depositors in Cyprus

    On 07.06.2013 the Supreme Court issued its judgment in the context of the first recourses filed by depositors and challenging the effect on depositors' funds of the recent bank resolution measures. The judgment is a very welcome development and should be viewed as a significant stepping stone in the future developments of the promotion of depositors' claims.
    - Patrikios Pavlou & Associates LLC

  • Kochański Zięba Rapala & Partners law firm is a laureate of the European Medal 2013

    Kochański Zięba Rapala & Partners law firm is honored to announce that it has been awarded the European Medal 2013 in the Final of the 24th Edition of the Competition organized by the Business Centre Club in cooperation with the Ministry of Foreign Affairs, and under the honorary patronage of the European Economic and Social Committee.
    - Kochanski Zieba Rapala & Partners

  • Georg Fischer to acquire majority stake in Hakan Plastik of Turkey

    Georg Fischer Ltd. (GF) signed a share purchase agreement on 7 May 2013 to acquire majority stake in Hakan Plastik A.S., with an option to acquire the remaining shares in following years. 
    - Paksoy

  • Hengeler Mueller advises CEWE on transformation of legal form

    The Annual General Meeting of CEWE COLOR Holding AG has approved the change the company's legal form into a partnership limited by shares - Kommanditgesellschaft auf Aktien (KGaA). The change of the legal form includes the transfer of the business currently conducted by CEWE COLOR AG & Co. OHG to CEWE Stiftung & Co. KGaA.
    - Hengeler Mueller

  • Hengeler Mueller advises Grammer AG on refinancing by certificate of indebtedness

    Grammer AG (Amberg), a leading supplier of automotive interior and seating systems, has issued loans evidenced by certificate of indebtedness (Schuldscheindarlehen) in the amount of € 90 million which is divided into tranches of 4 and 6 years as well as fixed and variable interest rate tranches. Grammer AG is refinancing an existing loan evidenced by certificate of indebtedness of 2006 prior to maturity in August with part of the issuing proceeds.
    - Hengeler Mueller
© 2013 www.legal500.com