The Legal 500

Law Firm Glimstedt

RÄVALA PST 5, 10143 TALLINN, ESTONIA
Tel:
Work +372 611 8050
Fax:
Fax +372 611 8051
Web:
www.glimstedt.ee
Email:
Vilnius, Vaxjo, Tallinn, Stockholm, Riga, Örebro and 12 more

TOP tier recommendations

Estonia: IP, IT and telecoms > IP, IT and telecoms
Estonia: Tax > Tax

Recommendations

Estonia: Banking and finance > Banking and finance
Estonia: Corporate and M&A > Corporate and M&A
Estonia: Dispute resolution > Dispute resolution
Estonia: EU and competition > EU and competition
Estonia: Real estate and construction > Real estate and construction
Estonia: Shipping and transport > Shipping and transport

Estonia: Banking and finance

Within Banking and finance, Glimstedt, Law Firm is a third tier firm,

Law Firm Glimstedt assisted AS Talveaed with licensing requirements and is main legal provider to the client for all its financial services advice. Marko Saag leads the practice.

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Estonia: Corporate and M&A

Within Corporate and M&A, Glimstedt, Law Firm is a second tier firm,

Law Firm Glimstedt recently acted as local counsel alongside UK-based RPC on SCA’s €1.32bn offer to acquire Georgia-Pacific’s European tissue operations. The team regularly provides corporate advice to clients such as E.ON, Chevrolet Central and Eastern Europe LLC, Adam Opel AG, and GameFounders. Practice head Priit Lätt is highly respected.

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Estonia: Dispute resolution

Within Dispute resolution, Glimstedt, Law Firm is a second tier firm,

Law Firm Glimstedt successfully defended Russian Railways in a dispute with an Estonian transport company, which had filed a €1.2m claim relating to a railway accident in Russia. Marko Tiiman advised on the matter and is recommended, as is practice head Indrek Leppik.

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Estonia: EU and competition

Within EU and competition, Glimstedt, Law Firm is a third tier firm,

Law Firm Glimstedt is assisting AS Eesti Raudtee, Estonia’s largest railway transportation and infrastructure company, with various competition, state aid and EU law matters. Marko Tiiman heads the practice.

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Estonia: IP, IT and telecoms

Within IP, IT and telecoms, Glimstedt, Law Firm is a first tier firm,

Law Firm Glimstedt is advising car makers Chevrolet and Opel on IT-related issues, including online advertising and data protection. It is also advising bwin.party digital entertainment, the world’s largest publicly listed online gaming company, on all legal issues in Estonia. Priit Lätt is widely respected.

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Estonia: Real estate and construction

Within Real estate and construction, Glimstedt, Law Firm is a second tier firm,

Law Firm Glimstedt is representing AS Rand & Tuulberg Grupp, one of Estonia’s largest construction companies, in corporate, commercial and real estate litigation and public procurement disputes. Indrek Leppik and practice head Leho Pihkva are recommended.

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Estonia: Shipping and transport

Within Shipping and transport, Glimstedt, Law Firm is a second tier firm,

Law Firm Glimstedt successfully defended Russian Railways in a €1.2m dispute with an Estonian transport company over a railway accident. Marko Tiiman leads the team.

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Estonia: Tax

Within Tax, Glimstedt, Law Firm is a first tier firm,

Law Firm Glimstedt advises major local food companies AS Maag Grupp and AS Maag Piimatööstus on all tax matters across the Baltics, including handling long-running disputes with the Ministry of Agriculture and the Estonian Customs and Tax Board over taxation of surplus sugar stocks. This highly complex dispute involved EU law and constitutional review. Managing partner Priit Lätt is ‘one of the best tax lawyers’ in the country and is ably supported by associate Marko Saag.

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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.
  • 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.  
  • 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.
  • 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.
  • 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.