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Ellex

ROOSIKRANTSI 2, 10119 TALLINN, ESTONIA
Tel:
Work +372 6 40 7170
Fax:
Fax +372 6 40 7171
Email:
Web:
www.ellex.ee
Riga, Tallinn, Vilnius

Estonia

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 1

Ellex

The banking and finance team at Ellex conducts ‘efficient background research’ and ‘provides alternative approaches in a timely manner’. It hired Risto Vahimets from Law Firm Varul and senior associate Helen Metsar from Sorainen. Practice head Raino Paron is advising Nasdaq Tallinn on establishing a blockchain-based e-voting system for the shareholders active on its stock exchange. Nordea Bank, Eesti Energia and Tallink Grupp are other recent clients.

Leading individuals

Raino Paron - Ellex

Next generation lawyers

Gerly Lõhmus - Ellex

Martin Mäesalu - Ellex

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Ellex

Ellex is ‘very professional and helpful’. The ‘experienced and solution-orientedRisto Vahimets, who joined from Law Firm Varul, ‘always makes a solid impression’. Sven Papp recently advised Danske Bank in a transfer of shares to LHV Varahaldus, while founding partner Jüri Raidla assisted Trilini Energy with the acquisition, from Fortum and Gazprom, of a majority stake in Eesti Gaas.

Leading individuals

Risto Vahimets - Ellex

Sven Papp - Ellex

Next generation lawyers

Martin Käerdi - Ellex

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Dispute resolution
Dispute resolution - ranked: tier 1

Ellex

Ellex’s recent hires include that of ‘hardworking’ senior associate Martin-Johannes Raude from GLIKMAN ALVIN. Toomas Vaher, noted for his ‘excellent knowledge and accurate advice’, is representing a commercial television channel in an abuse of dominance case and has also been appointed as an arbitrator by the Permanent Court of Arbitration in a shareholder dispute in the energy sector. The ‘deeply experiencedArne Ots and senior associate Marika Kütt are also recommended.

Leading individuals

Arne Ots - Ellex

Toomas Vaher - Ellex

Next generation lawyers

Martin-Johannes Raude - Ellex

Neve Uudelt - Ellex

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EU and competition
EU and competition - ranked: tier 1

Ellex

The ‘high-quality and reliable’ competition team at Ellex hired Risto Vahimets from the former Tark Grunte Sutkiene and counsel Elisabet Fura, who was the Chief Parliamentary Ombudsman of Sweden. Practice head Raino Paron has ‘impressive experience’, with senior associate Martin Mäesalu ‘displaying integrity as well as a great combination of legal skills and economic insight’. They assisted Danish Malting Group with clearing its acquisition of Viking Malt. Martin Käerdi, who is ‘a big asset for clients in negotiations and court disputes’, advised East Capital on several acquisitions.

Leading individuals

Raino Paron - Ellex

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Employment
Employment - ranked: tier 1

Ellex

Ellex delivers ‘a high level of expertise and timely service’ to private and public clients. Team lead Arne Ots represented the Estonian Ministry of Justice in a dispute regarding the dismissal of a civil servant, while Sven Papp handled employment matters relating to the restructuring process of WEG Eesti. Senior associate Reet Saks is another key contact.

Leading individuals

Arne Ots - Ellex

Next generation lawyers

Reet Saks - Ellex

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IP, IT and telecoms
IP, IT and telecoms - ranked: tier 1

Ellex

Ellex’s practice head Ants Nõmper and counsel Mari Must are ‘very effective’, especially in IP matters related to the pharmaceuticals industry. They are representing longstanding client Bayer Pharma in several patent disputes, some of them before the Supreme Court. Other clients include Sanofi-Aventis and the Estonian Authors’ Society.

Leading individuals

Ants Nõmper - Ellex

Next generation lawyers

Mari Must - Ellex

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Real estate and construction
Real estate and construction - ranked: tier 1

Ellex

Ellex has particular experience in planning, zoning and environmental matters, and handles commercial as well as retail transactions. Practice head Martin Triipan is advising Eesti Energia and its partner companies on the establishment of the first direct burning oil shale fired power plant in Jordan. The team also assisted Laurus Properties with its acquisition of a portfolio of 42 commercial buildings spread across the Baltics. Risto Vahimets and senior associate Martin-Johannes Raude joined from Law Firm Varul and GLIKMAN ALVIN respectively.

Leading individuals

Jaanus Ikla - Ellex

Risto Vahimets - Ellex

Next generation lawyers

Martin Käerdi - Ellex

Triin Frosch - Ellex

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Shipping and transport
Shipping and transport - ranked: tier 1

Ellex

Led by Toomas Vaher, Ellex’s practice covers aviation, shipping, railway and road transport. In litigation, it handles public procurement and regulator disputes. Jüri Raidla advised the Port of Sillamäe on preparing proposals for the amendment of its public procurement documents. Sven Papp, Martin Käerdi and Martin Mäesalu acted for Nordic Aviation Group in acquiring the previously state-owned Estonian Air after its bankruptcy.

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Tax
Tax - ranked: tier 1

Ellex

A top firm when it comes to advice on tax issues in the financial sector’, Ellex expanded its practice considerably in 2016 by hiring counsel Tõnis Vahesaar from Ernst & Young in Finland and Risto Vahimets from Law Firm Varul. Vahesaar, who has ‘excellent communication skills and very good understanding of complex financing structures and related tax aspects’, advised Swedbank, alongside practice head Sven Papp, on potential risks connected to debt push-down techniques in share deals. Another highlight was representing Ambient Sound Investment in a dispute with the tax authorities related to profit distribution among partners following investments.

Next generation lawyers

Tõnis Vahesaar - Ellex

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Legal Developments by:
Ellex

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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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    On 10 August 2017 the Luxembourg Stock Exchange announced that all domestic and foreign issuers operating on the regulated market (Bourse de Luxembourg) or on the multilateral trading facility (Euro MTF) of the Luxembourg Stock Exchange must provide their legal entity identifier (“LEI ”) codes to the Luxembourg Stock Exchange before 15 September 2017.
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    On 7 June 2017, the official ceremony for the signing of the multilateral instrument (“MLI”) took place bringing to a close a process initiated last year when a consensus was reached on the wording of the MLI on 24 November 2016 (see also our newsflash dated 2 December 2016, available on our website www.arendt.com section Publications/Newsflash).
  • Arendt & Medernach: Luxembourg Law Firm of the Year

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