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Concordia Attorneys at Law

LENNUKI 22, 10145 TALLINN, ESTONIA

What we say about the firm's legal practice in Estonia

Banking and finance

Within Banking and finance , Concordia Attorneys at Law is a third tier firm,

Aare Raig Advokaadibüroo is a long-established firm with a track record of working with major credit institutions. Name partner Aare Raig has strong connections in the industry.

Corporate and M&A

Within Corporate and M&A , Concordia Attorneys at Law is a third tier firm,

Concordia Attorneys at Law is praised for its industry knowledge and reliable and timely advice. Recent highlights include corporate restructuring and insolvency advice to DeWa Industrievertretung of Germany. Kaidar Sultson and Andres Past are the names to note.

Dispute resolution

Within Dispute resolution , Concordia Attorneys at Law is a second tier firm,

Concordia Attorneys at Law is a regular in the Supreme Court, acting on behalf of some major domestic and international clients. Kaidar Sultson is advising pan-Baltic investment bank Gild in litigation concerning the squeeze-out of minority shareholders at SEB. The team is ‘easy to communicate with’.

EU and competition

Within EU and competition , Concordia Attorneys at Law is a third tier firm,

Concordia Attorneys at Law won a Supreme Court verdict for KPK Teedeehitus in its dispute with the Estonian Competition Board, which arose from public procurement construction. Monika Mägi and senior associate Raul Palmaru lead the practice.

IP, IT and telecoms

Within IP, IT and telecoms, Concordia Attorneys at Law is a third tier firm,

Mihkel Tasa at Concordia Attorneys at Law is ‘highly competent in business law’, and advises retail clients such as House of Brands and Catalogue Shop on e-commerce issues. Associate Teele Lember advises Filmimees TV production company on IP.

Real estate and construction

Within Real estate and construction, Concordia Attorneys at Law is a second tier firm,

Real estate is a core practice for Concordia Attorneys at Law, which is advising Estconde City Plaza on the development of a new office building in Tallinn; and Baltic Estate I on the refinancing and development of a large eco-village project.

Search News and Articles

Legal Developments by:
Concordia Attorneys at Law

  • 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

Legal Developments in Estonia

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  • 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
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