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Riga, Tallinn, Vilnius

Raino Paron

Work +372 640 7170

Work Department

Banking & finance, capital markets, venture capital projects, competition law, EU law, infrastructure, M&A.




Since 1998 Partner; since 1995 Attorney, Ellex Raidla; 1996 Visiting lawyer, Linklaters & Paines, London, UK; 1994-1996 Legal consultant, International Bank for Reconstruction and Development (the World Bank), Washington D.C., USA; 1993-1994 Legal consultant, International Monetary Fund, Washington D.C., USA; 1990-1992 In-house counsel, Commercial Fishery “Pärnu Kalur”; 1990-1992 Assistant director (part-time position), Pärnu City Government, Economic Department.


Estonian, English, Russian.


Since 1996 Chairman of the Council of the Arbitration Court of the Tallinn Stock Exchange; since 1996 Member of the Estonian Bar Association; 2004 Member of the organizing committee of IBA Nordic and Baltic Regional Conference, Stockholm.


1993 LL.M, with distinction, Georgetown University, USA; 1990 Law degree, cum laude, University of Tartu, Estonia.


Banking, finance and capital markets

Within: Leading individuals

Raino Paron - Ellex

Within: Banking, finance and capital markets

Raino Paron¬†heads Ellex's banking and finance practice, which recently advised Luminor Bank on its first bond issue worth ‚ā¨65m. Following the firm's merger with Primus' Estonian office, the team has added two new partners in Gerli Kilusk¬†and Ermo Kosk.¬†Other key clients for the firm include Inbank, Eesti Energia and Olympic Entertainment Group, which the firm advised on its recent delisting from Nasdaq Tallinn following a takeover by Odyssey Europe. Gerly L√Ķhmus¬†and Martin M√§esalu¬†are also recommended.

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EU and competition

Within: Leading individuals

Raino Paron - Ellex

Within: EU and competition

Ellex's competition law team, which is led by Raino Paron, has 'strong expertise in competition, M&A and due diligence areas'. The group recently carried out a pan-Baltic competition audit and compliance review for Nestlé. It also defended Laam Kinnisvara in cartel proceedings initiated against several real estate companies, focusing on the real estate portal. Counsel Triin Frosch is notable for her work in energy-related matters, where she has 'unrivalled sector experience'.

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Legal Developments by:


    Inside this issue:¬† Latest case law in labour matters Protection of proprietary in-terests of a company at the European Court of human rights ‚ÄĒ why not? Assessing the transfer of an undertaking NEWS ‚Äď ANNOUNCEMENTS ‚Äď EVENTS
    - Lepik & Luhaäär LAWIN

Legal Developments worldwide

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

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