TGS Baltic > Tartu, Estonia > Firm Profile
TGS Baltic Offices
Kaluri 2
51004 Tartu
Estonia
TGS Baltic > The Legal 500 Rankings
Estonia > Fintech Tier 1
TGS Baltic is active in financial regulatory matters, especially innovative and new financial service-related matters, and counts crowdfunding platforms among its key clients. Practice head Kirsti Pent is highlighted for her strength in new technologies. Elina Varendi and Olger Kaelep are also key team members, and are regularly engaged in regulatory work, a strength of the broader group. The team adopts a multidisciplinary approach and is therefore able to advise on areas of law which are often connected to fintech matters such as IP and data protection.Practice head(s):
Other key lawyers:
Testimonials
‘My contact for all fintech, finance and regulatory matters in Estonia.’
‘Kristi Pent is most knowledgeable in new technologies.’
Key clients
Estateguru
Crowdestate
Tallinna Kaubamaja Group
Tuleva
Finora Bank
Fundwise
Bondora Group
Eleving Group
Starship
Income Company
Truffle Capital
Mifundo
Stebby
Primero Finance
Work highlights
- Advised Crowdestate on obtaining the first crowdfunding licence in Estonia.
- Advised Bondora Group on product development.
- Advised TKM Finants (part of TKM Group) on obtaining the necessary authorisations and launching its credit services.
Estonia > Shipping and transport Tier 1
TGS Baltic assists clients with a range of transport matters, from aviation to shipping, utilising its ‘comprehensive knowledge of maritime law‘ and international contacts to assist foreign transport companies. Practice head Martti Peetsalu is integral to the group’s work and is a well-known litigator with a history of representing clients in the Supreme Court in transport matters. Triin Kaurov‘s multidisciplinary approach is also instrumental to the team’s success in a range of mandates.Practice head(s):
Other key lawyers:
Testimonials
‘TGS has a team of lawyers who have unique experience in maritime law. Expertise and passion in this field.’
‘Triin Kaurov and Martti Peetsalu are easy to work with as they are goal oriented and practical in achieving the results. They are capable of mediating different opinions and finding solutions which suits everybody. They have the passion to go in-depth on issues and they don’t stop until they have found a solution, a characteristic which creates trust, and I can rely on the fact that when a problem needs to be solved, it will be solved.’
‘TGS Baltic is excellent in shipping and transport matters, but also in other fields and it gives the right combination for a great law firm. The team is always able to provide high quality legal assistance and we appreciate their quick rational solutions to our matters. TGS Baltic has good contacts abroad and if we urgently need legal advice abroad, we are sure that we are safe in cooperation with TGS Baltic.’
‘Triin Kaurov is a very committed, solution-oriented, and trustworthy partner. She has remarkable experience in a wide range of practice areas (she understands our business shipping and transport, but also dispute resolution, public law, regulatory matters, and employment matters). We appreciate her professionalism. She solves all our matters so pragmatically and simply and at the same time so thoughtfully – it is remarkable.’
‘Martti Peetsalu specialises in shipping and transport matters. Martti has remarkable experience in dispute resolution and is very competent in complicated matters with international elements. We appreciate his considerable experience, responsiveness, and rational and well-considered solutions. His professional attitude is remarkable.’
Key clients
Port of Tallinn
Operail
Hellmann Worldwide Logistics
Mediterranean Shipping Company
Kevelt
TS Laevad and TS Shipping
Swedbank (Estonia)
Ministry of Economic Affairs and Communication
Jetoil
TaxMal Limited
Alfons Hakans
LHV Pank (fourth largest bank in Estonia)
Shedfish Oy
Eesti Loots
The Association of Estonian International Road Carriers
Eesti Traat OÜ
CityBee
Hertz International
Inchcape JLR Finland Oy
Estonian Road Administration (ERA)
Work highlights
- Representing Swedbank in a complex case concerning transport of metal goods and a warranty given to Swedbank to secure its financing of the goods.
- Representing SOE Port of Tallinn and its former directors in a high-profile criminal case.
- Represented AS Operail in a high-profile case over the legality of rail infrastructure fees and the competence of the Estonian authorities to determine these fees.
Estonia > Tax Tier 1
TGS Baltic is a popular choice among major companies and financial institutions in Estonia. Practice head Helmut Pikmets has appeared in cases in the European Court of Human Rights and the Supreme Court of Estonia. Pikmets is ably supported by senior associates Sergei Jegorov and Dmitri Teplõhh, who act in a range of tax disputes, a key area of focus for the team, which is able to handle a large volume of cases in tax law. Teplõhh is also able to handle white-collar crime disputes related to tax law.Practice head(s):
Other key lawyers:
Key clients
Luminor
Tallink Group
Swedbank
Imatra Elekter
Baltic Ground Services
HKScan
Metrosystem
Euroapteek
ESTIKO
Circle K
Sanofi
Møller Eiendom group
Proplastik
TBD-Biodiscovery
Invego
Endover
MAXIMA Estonia
EstHus
Work highlights
- Represented Metrosystem in the administrative court against the Tax Board in connection with the taxation of buying up used pallets.
- Advised Estonian energy company Bioforce in setting up a joint venture with HKScan for building and operating a biomethane factory.
- Advised a cybersecurity expert on the sale of 100% shares in SM7 Software (SpiderFoot).
Estonia > Banking, finance and capital markets Tier 2
Major banks in the region, such as Coop Pank, turn to the finance team at TGS Baltic. In 2022 and 2023, the group was involved in some of the largest transactions in the country, and it is also active in complex regulatory matters. Kirsti Pent, who leads the team, has a great deal of experience in banking law, particularly in mandates related to financial innovation. Kirill Ležeiko was a new arrival in 2024 following the firm’s merger with PwC Legal.Practice head(s):
Other key lawyers:
Testimonials
‘Kirill Lezeiko is very well aware of the trends occurring in financial world, especially when it comes to digital securities. He also has very good analytical skills as well.’
‘The team that advised us was fully competent in the Fintech sector, also finding new innovative solutions and they were easy to work with.’
‘Individuals were specialists in their field and cooperation with them is characterized by the following keywords – openness, involvement, and speed.’
‘Unique because of their wide spectrum of services. There is no topic that they could not handle.’
‘Kirill Ležeiko is always positive and solution-oriented. He cares about his clients and always keeps his promises.’
‘Priit Lätt and Kirill Ležeiko are exceptional, detail-oriented professionals who consistently provide clear and comprehensive solutions, even for the most intricate challenges we encounter. We are confident that within Estonia, few legal experts can match their profound understanding of our business model and its intricacies.’
‘In our opinion, Priit Lätt stands as the foremost authority on the innovative concept of a decentralized autonomous organization.’
‘Kirill Ležeiko possesses the acumen to ask the right questions and a profound understanding of both theoretical and practical aspects of tokenization processes.’
Key clients
SEB Pank
LHV Pank
Estateguru
Crowdestate
Tallinna Kaubamaja Group
Eesti Post
ERGO Insurance
TulevaFinora Bank
Fundwise
Coop Pank
Eleving Group
Bondora Group
Starship
Truffle Capital
Operail
Vitol
Värska Originaal AS
MTÜ Solid World DAO
Teledisko DAO OÜ
LimeWire GmbH
Ambr Exchange AS
Ettevõtluse ja Innovatsiooni Sihtasutus (EAS)
FINRAX Exchange OÜ N
IPF Digital AS
Crowdcredit Estonia OÜ
Ridango AS
Earthtide Labs OÜ
Work highlights
- Advised Starship Technologies on obtaining a €50,000,000 loan from European Investment Bank.
- Advised Crowdestate on obtaining the first crowdfunding license in Estonia.
- Advised Operail on the application of international sanctions in the sale of rail wagons in excess of €50,000,000 on aggregate.
Estonia > Commercial, corporate and M&A Tier 2
TGS Baltic‘s corporate and M&A team is jointly led by Sander Kärson, Kadri Kallas and Leonid Tolstov, who is highlighted as ‘strong in the field of corporate matters‘. Beyond its corporate law expertise, the group is also well versed in handling multidisciplinary matters. Among the group’s impressive client base are start-up investors and start-ups, which the group advises on various everyday corporate issues, as well as many private equity investment matters. Indrek Ergma and Karin Marosov were new arrivals in early 2024 following the firm’s merger with PwC Legal.Practice head(s):
Other key lawyers:
Testimonials
‘We need a very versatile legal approach to our business. In this regard TGS Baltic is really outstanding, that they cover all areas we need for our business. Their team is well informed about the latest developments not only in the legal environment, but also concerning our business.’
‘Leonid Tolstov is strong in the field of corporate matters. He also has an understanding knowledge of other legal areas.’
‘The team is very competent in commercial, corporate and M&A. We had an urgent transaction and we got exactly the help we needed. Very good understanding of what was needed and when, so we were very calm during the process as everything was planned and taken care of.’
‘Very experienced, competent, fast, and approachable team. Strong reputation from multiple references and I was very happy with their work and answers to strategic questions.’
‘Sander Kärson was recommended to me and did a great job.’
‘Very long term cooperation, trust and always reachable.’
‘Seamless document management. Proactive process. Wide range of industry-specific skills.’
‘Indrek Ergma – outstanding legal knowledge and long-term industry experience. Always accessible, polite and keeps his deadlines. Friendly and very pleasant to work with. Always on top of things, attentive to details and thorough, quickly grasps the instructions given. Very professional and supportive. Would recommend to anyone at any time such a talented lawyer who is foremost a problem solver.’
Key clients
BaltCap
LHV Varahaldus
Auto-Bon, AutoHalle (Bassadone Group)
Estateguru
Merko Ehitus Eesti
Truffle Capital
Eesti Post
Sunly
Inventure VC
OTB Ventures
NFT.VC
Zaka Startup 2, j.s.a.
Better Medicine
Framm
Golden Fields Factory
Estiko
Nõo Lihatööstus
Doordec
SmartCap Green Fund
Siteminder
Green Estonia OÜ
Wolf Group
Havila OÜ
Estonian Red Cross
Gi Group
Torglen
Wolf Group
Vision Consulting
Eesti Loots
Estonian Business and Innovation Agency (a.k.a. EAS, Enterprise Estonia)
Metatellus
Gren Eesti AS
Solid World
NabuMinds
Õhtuleht
Hekotek
Work highlights
- Advised Bioforce on setting up a joint venture with HKScan.
- Advised Auto-Bon on the Estonian, Latvian and Lithuanian law aspects of the acquisition of the Opel import business in Estonia, Latvia, Lithuania and Finland from LänsiAuto.
- Advised the shareholders of Standard on the sale of their shares to strategic investor Green Estonia.
Estonia > Dispute resolution Tier 2
Overseeing the dispute resolution practice at TGS Baltic are Paul Varul, a ‘senior academic whose presence in the team makes a lot of difference‘, alongside Martti Peetsalu and Chirag Mody. The group ‘is backed up by very talented senior associate‘ Kedli Anvelt, who has strong knowledge of the financial services industry. The diverse work covered by the practice includes civil disputes, an area of expertise for Varul, who displays an ‘immense knowledge of European civil law‘. Indrek Leppik, Indrek Kukk, Priit Lätt and Erki Fels were new arrivals following the firm’s merger with PwC Legal.Practice head(s):
Other key lawyers:
Testimonials
‘TGS has one of the best and most proficient dispute resolution teams on the Estonian market. They are able to handle the biggest and most difficult cases effectively and with great results. What I especially value is the fact that their dispute resolution team is very well balanced having a very good representation of very experienced attorneys but at the same time they have been able to attract young talent as well.’
‘My business is handled by senior partner Paul Varul who is an undisputed star of Estonian civil law being the main author of most of the civil law acts of independent Estonia. Paul is backed up by very talented senior associate Kedli Anvelt and partner Peeter Viirsalu. The team has produced excellent results, and I am very pleased with their work.’
‘The team comprises an excellent mix of people combining deep academic knowledge of law with rich practical experience in the field of dispute resolution. They are approachable and able to communicate complex issues with ease. Their command of the English language is impeccable.’
‘Chirag Mody was our main contact. He makes the best possible impression both as a lawyer and a person by combining legal excellence with amazing communication skills. He is capable of analysing even the most complex factual scenarios and laws in a creative and fruitful manner while not losing sight of the broader strategic objectives. His service is competent, fast and highly effective – actually he has never lost a case we entrusted him with.’
‘Paul Varul is a senior academic whose presence in the team makes a lot of difference. He has immense knowledge of European civil law and is able to use it for the client’s benefit creatively. This has proved particularly useful in Estonia, whose law has apparently taken a lot of inspiration abroad and remain open to foreign influence. Professor Varul is a calm, experienced and highly competent individual.’
‘‘Professional attitude. The team is aware of the latest developments in the field.’
‘Martti Peetsalu has a professional attitude, is friendly and always offers solutions.’
‘Young, eager and professional team. Tackle problems with a passion. Sufficient depth to cover matters effectively. Senior partners still involved to provide interesting viewpoints.’
Key clients
Port of Tallinn
Swedbank
Operail
Taxmal Ltd
Inchcape JLR Finland Oy
AdCash
Estonian Center for Integrity in Sports (ESTCIS)
Eesti Traat OÜ
Estonian Road Administration (ERA)
Rimi Eesti Food AS (Rimi)
CityBee
Estonian Public Broadcasting
CoopPank AS
Jetoil AS
CrowdEstate AS
EstateGuru AS
MDC Daetwyler AS
Dreymoor Fertilizers Ltd
Ministry of Economic Affairs and Communications
TS Laevad and TS Shipping
Republic of Estonia Health Board
Estonian Business and Innovation Agency (formerly Enterprise Estonia)
Lääneranna Vallavalitsus/The Government of Lääneranna Parish
Sunly Solar
Delfi Meedia
Eesti Metsa Abiks/Estonian Forest Aid
AS GoBus
Eesti Tervisekassa (Estonian National Health Insurance Fund)
Estonian Railways
Tartu Municipality
GoTravel AS
Ida-Tallinna Keskhaigla (East Tallinn Central Hospital)
Riigi Kinnisvara Aktsiaselts
AS LHV Pank
Salinee OÜ
Scandagra Eesti AS
The Estonian Chamber of Enforcement
Officers and Trustees in Bankruptcy
Work highlights
- Represented Estonian Centre Integrity in Sports (ESTCIS) in all Estonian proceedings and in the Court of Arbitration for Sports against a top Estonian athlete and Olympic medallist who tested positive for letrozole.
- Representing Swedbank in a complex case concerning the transport of metal goods with an approximate value of $18m and a warranty given to Swedbank.
- Represented and negotiated a favourable compromise for AS Operail in a high-profile case over the legality of rail infrastructure fees.
Estonia > Employment Tier 2
TGS Baltic‘s employment group demonstrates ‘professionalism and good teamwork‘ while dealing with a range of contentious and non-contentious labour law issues. Anu Kirss jointly leads the group alongside Triin Kaurov, who is praised for her ‘remarkable experience, and very rational and well-considered solutions‘, and new arrival Indrek Ergma, who joined the firm in early 2024 following its merger with PwC Legal. Restructuring is a standout area for the group, and personnel restructuring a key area of work for Kirss.Practice head(s):
Other key lawyers:
Testimonials
‘TGS Baltic lawyers are highly experienced professionals. The team is remarkable. They always think along our business and take care of our real needs. They are always focused on logical solutions. TGS Baltic also focuses a lot on ESG issues, and for our business it has crucial importance.’
‘Their service levels and responsiveness are accurate and quick.’
‘Triin Kaurov has remarkable experience in a wide range of practice areas. She is a very experienced, solution-oriented, and trustworthy partner. We appreciate her professionality. She solves all our matters so pragmatically and simply and at the same time so thoughtfully. It is remarkable. We also appreciate her because of her responsiveness, and she always finds time for us.’
‘The TGS Baltic employment team has always had a high level of knowledge and experience and they have offered practical solutions to our questions. They are quick and smart and real professionals, and they are responsive. We can trust TGS Baltic. They pay a lot of attention to ESG and sustainability issues, which are very important to us.’
‘The team demonstrates professionalism and good teamwork.’
‘Triin Kaurov has remarkable experience, and she always has very rational and well-considered solutions. She can see the big picture and thus mitigate potential risks that we would never ever consider. Also, we appreciate her commitment.’
‘Siret Saks has remarkable experience in immigration issues and also in remote work questions. She is so quick, highly committed and solution determined.’
‘Indrek Ergma knows our business and the challenges we have. He is business minded and proactive. We feel that he is not only our lawyer, but also he is like a trusted partner for us. He always gives realistic deadlines to his work. We really value business minded partners and Indrek has that characteristic.’
Key clients
Mars Eesti
KM Element
Peaceful Tech
Unilever Eesti
ACC Distribution
Merck Sharp & Dohme
Nõo Lihatööstus
Riigi Kaitseinvesteeringute Keskus (Estonian Centre for Defence Investments)
Raintree Systems
Operail
Inchcape
Autohalle
Apranga
AS Eesti Loots
SmartCap
Fujitsu Estonia Philip Morris International
Siteminder
General Electric
Testlio
Ionisos Baltics
GI Group
GuardTime
NabuMinds
Breakwater Technologies
Hekotek
Rich Creative Solutions
EU-Lisa
Tank
Italian Embassy in Estonia
Work highlights
- Advised Mars on the reorganisation of its field personnel in the Baltic countries.
- Represented the Estonian Centre for Defence Investments in a dispute that is a landmark for secondment-based employment relationships.
- Represented Paxful (Peaceful Tech) in a dispute against a former employee and his company for breach of non-compete and non-solicitation clauses.
Estonia > EU and competition Tier 2
TGS Baltic has ‘very good experts who are doing good work to understand the aims of the client’. Triinu Järviste heads the team and is a ‘real expert in competition and state aid questions’. Another key team member is Triin Kaurov, who has ‘remarkable experience, is very committed, and gives rational and well-considered solutions’. As a whole, the group has been involved in many of the major competition law investigations in recent years, and recently won a state aid case in the European General Court. Triinu Järviste is another name to note for competition law matters.Practice head(s):
Other key lawyers:
Testimonials
‘TGS Baltic has very good experts and they are doing good work trying to understand the aims of the client. They are looking for the best solution and understand business well. We received very good results surprisingly fast.’
‘They have very professional knowledge about complicated legal questions. At the same time they are very solution-oriented and have good communication skills.’
‘We like the expertise, correctness, and adherence to deadlines of TGS Baltic’s lawyers. Time and opportunities for constructive meetings are always found. We love their ability to put together the most competent teams of experts for a particular matter. And in addition to their expertise in solving our matters, it is pleasant that trainings, information mornings are organized for clients.’
‘TGS Baltic’s attorneys are great professionals who are not only highly experienced but also can show remarkable teamwork. Our main contact is Triin Kaurov. She has remarkable experience, very committed, and gives rational and well-considered solutions. I would like to highlight Triinu Järviste and Vitali Šipilov. Triinu is a real expert in competition and state aid questions and Vitali is very analytical.’
‘I find the firm to be very business-minded. They give very straight/black and white answers despite the fact that competition law is very grey with its rules. This is something that businesses greatly appreciate. I also feel that they know business very well and are not just lawyers.’
‘Triinu Jarviste is our main contact and the reason we use TGS Baltic services. Very professional.’
Key clients
Auto-Bon
Unilever
Phillip Morris International
Inchcape
Sunly
SEB Pank AS / SEB bankas AB
Eesti Post AS
LHV Varahaldus
Elering AS
Port of Tallinn
Operail AS
ERGO Insurance SE
City of Tallinn
Rimi Eesti Food
Estonian Authors’ Society
City of Tartu
Rickman Trade
Autohalle AS
Environmental Investment Centre
Bigbank AS
Merko Ehitus Eesti
Ministry of Environment of the Republic of Estonia
Cultural Endowment of Estonia
Estonian Association of Information Technology and Telecommunications
MTÜ Eesti Muuseumiühing
Tallinna Kaubamaja
Work highlights
- Represented Tartu Agro in the European Union General Court in disputing the European Commission decision finding illegal state aid being given to Tartu Agro.
- Represented Auto-Bon, a Bassadone Automotive Nordic group company, in the merger proceedings in the Estonian, Latvian and Lithuanian Competition Authorities.
- Advising Eesti Post (Omniva) on several high-profile competition law cases before the Estonian Competition Authority and everyday activities.
Estonia > Real estate and construction Tier 2
TGS Baltic‘s ‘very strong and versatile‘ team is well versed in a range of matters, from public contracts to construction disputes to real estate transactions. The highly regarded Peeter Viirsalu balances a broad workload and is proficient in contractual matters and disputes, among other areas, and Eva Arumets works on the full life cycle of real estate projects. The group was bolstered by the 2024 arrivals of Karin Marosov, Jana Tudelep and Ingeri-Helena Kakko following the firm’s merger with PwC Legal.Practice head(s):
Other key lawyers:
Testimonials
‘A very strong and versatile composition team led by a creative and very able leader in Peeter Viirsalu. They truly cover all aspects of our real estate development and construction business needs.’
‘Peeter Viirsalu is our number one go-to attorney with every legal problem we might have. He is very proficient in real estate related matters (both contractual and litigation), but also has an excellent knowledge and ample experience in other legal matters as well. Combine this with his high approachability and professionalism and you have a legal partner that you enjoy working with.’
‘A quality team.’
‘Peeter Viirsalu’s knowledge of law and his ability to always strive for a solution that is profitable for us is very much appreciated.’
Key clients
Hepsor AS
Invego OÜ
Reterra Estate OÜ
City of Tallinn (Tallinn City Hall)
Kodumaja AS
Tallinn University (Tallinna Ülikool)
Mapri Ehitus OÜ
Port of Tallinn
Vintselle OÜ
Timbeco Woodhouse OÜ
The University of Tartu
Estiko AS
Ministry of Environment of the Republic of Estonia
Nordicelement Tallinn OÜ
EstHus OÜ
Framm AS
LHV Varahaldus AS
Hausers
KRC Ehitus
Golden Fields
Volta 1
Tähtvere Tehnopark OÜ
Linnakodu OÜ
Espak Ehitustööd OÜ
Green Estonia OÜ
Wolf Group OÜ
Tartu linn
osaühing Rail Baltic Estonia
Riigi Kinnisvara Aktsiaselts
Oracle East Central Europe Limited Eesti filiaal
Porto Franco OÜ
Colonna Varahaldus OÜ
Osaühing Paleton
Corle OÜ
OÜ Lagedi Keskus
Andro Vilu
Work highlights
- Advising KRC Ehitus on a complex building project in Tallinn.
- Advising Neiq Finants on the €3m acquisition of a boutique hotel in Tallinn.
- Advised Tähtvere Tehnopark, a subsidiary of Reterra Estate, on a complex multi-level sale and built-to-suit transaction.
Estonia > IP, IT and telecoms Tier 3
TGS Baltic ‘always delivers the result quickly‘. The firm has a particular focus on data protection, and also fields a team of ‘excellent IP law specialists‘ including senior associate Silvia Urgas, who is often involved in IP disputes. Peeter Viirsalu is also well versed in disputes, in addition to working with clients on matters connected to distressed assets. Priit Lätt joined as head of the IP and IT department in early 2024 following the firm’s merger with PwC Legal. Mari-Liis Orav left the firm.Practice head(s):
Other key lawyers:
Testimonials
‘Cooperation and commitment.’
‘TGS Baltic always quickly finds a professional person to work with us and delivers the result quickly.’
‘I find it very useful and important that before digging into the task they first make sure they understand the challenge and then offer the most reasonable solution. If needed, they communicate directly with our counterparties.’
‘Great at IP, easy to contact, take their duty seriously.’
‘The team is truly specialist in their respective fields and work extremely well together. You receive excellent quality.’
‘We mainly work with Peeter Viirsalu, who knows our field of business very well and can therefore deliver quality. We have also worked with Silvia Urgas and Mari-Liis Orav who are excellent IP law specialists.’
‘Absolute top specialists with very good understanding of commercial aspects and needs of a specific client. Highly efficient (the speed of getting feedback and answers is incredible) and flexible approach, focused on a client and a specific solution. Interested in and contributing into the general development of the sector as such, not only oriented in providing legal consulting.’
‘Priit Lätt is an outstanding attorney.’
Key clients
Merck Sharp & Dohme OÜ
Circle K Eesti Aktsiaselts
MTÜ Eesti Muuseumiühing
Aktsiaselts Eesti Post (Omniva)
Eesti Autorite Ühing (Estonian Authors’ Society)
Fujitsu Estonia AS
Veriff OÜ
The City of Tartu and Tartu 2024 Foundation
Auto-Bon Baltic OÜ and AutoHalle Aktsiaselts
Inchcape Motors Estonia OÜ
CityBee and MyBee
ERGO Insurance SE
Adcash OÜ
Better Medicine OÜ
Mooncascade OÜ
AS Eesti Loots
Eesti Tudengisatelliidi Sihtasutus (Estonian Student Satellite Foundation)
Timbeco Woodhouse OÜ
Bondora Group AS
Volta1 OÜ
FitSphere OÜ
Steven Micallef
Francorp Baltic
Fairown Finance OÜ
Estonian E-residency team
Estonian Actors Union
Tallinn Black Nights Film Festival (PÖFF)
SK ID Solutions
GuardTime
Tietoevry Estonia
Nortal
Estonian Railways
Solid World
LimeWire
The European Union Agency for the Operational Management of Large-Scale IT Systems in the Area of Freedom, Security and Justice (eu-LISA)
Rush Street Interactive
Vichy Catalan
Delfi Meedia
North Estonia Medical Centre Foundation (Põhja-Eesti Regionaalhaigla)
Ülemiste Center
NATO Cooperative Cyber Defence Centre of Excellence
teledisko DAO OÜ
Work highlights
- Advised venture capital fund NFT.VC on making an investment into FoodTech startup äio tech OÜ.
- Advised an IT specialist based in Switzerland on the sale of his Estonian company SM7 Software to Intel 471.
TGS Baltic > Firm Profile
The firm: TGS Baltic is a leading full-service commercial law firm in the Baltic States. The firm’s attorneys have an unprecedented experience mix of serving local and international businesses, the public sector, working with the European Central Bank, the European Investment Bank, institutions of the European Union, and collaborating with top-tier international law firms. The firm has been involved in almost all of the major transactions that were completed in the Baltic States since they regained their independence, and is currently involved in the most important strategic energy and infrastructure, corporate and litigation projects in the Baltics.
Areas of practice
Corporate and M&A: the firm gives the full-range corporate and M&A advice from establishments to complex restructurings and local and cross-border M&A transactions to trade and PE clients. The firm’s expertise ranges from real estate, retail and energy to IT and pharmaceuticals.
Banking and finance: the firm advises on regulatory issues as well as transactional matters. Its key strengths lie in alternative funding, crowdfunding, payment services and licensing, a sample of which is a pending bank licence for co-operative bank Eesti Ühistupank – a first bank licence in Estonia that is being processed by the ECB.
Regulatory: the firm has wide experience in public procurement, its key strengths being dispute resolution and investigation of offences, including violations of EU structural funds. Its expertise in competition law, particularly in disputes and EC proceedings, is outstanding. The firm also advises on all aspects of IP, pharmaceuticals and energy.
Real estate: the firm has a full-service real estate and construction team offering advice on infrastructure development projects such as commercial and retail property matters including real estate M&A. The team is well known for seamless service for developers as well as managing highly complex projects such as distressed assets M&A, alternative financing schemes, complex joint ventures and solving dead-locks in construction and development projects.
Tax: the firm’s top-tier tax practice handles 30+ tax cases a year. It is especially qualified in tax litigation having been involved in major tax disputes of the region.
Dispute resolution: the firm is also well known for its dispute resolution and litigation practices having been involved in some of the most complex and principal Supreme Court cases. Its wide experience extends from tax litigation to corporate, competition, IP, construction, transport and insolvency disputes.
Insolvency: the firm is historically known for its outstanding insolvency and reorganisation practice led by name partner Paul Varul who has been involved in drafting all legal acts on insolvency and reorganisation law. The firm advises on 50+ insolvency and reorganisation cases annually, including representing major Scandinavian banks such as Swedbank, Nordea and Luminor.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
M&A | Kadri Kallas | [email protected] | |
M&A | Sander Kärson | [email protected] | |
Corporate/commercial | Leonid Tolstov | [email protected] | |
Banking and finance | Kirsti Pent | [email protected] | |
Litigation and arbitration | Paul Varul | [email protected] | |
Litigation and arbitration | Chirag Mody | [email protected] | |
Dispute resolution | Indrek Leppik | [email protected] | |
Shipping and transport | Martti Peetsalu | [email protected] | |
Real estate and construction | Peeter Viirsalu | [email protected] | |
Real estate and construction | Karin Marosov | [email protected] | |
Insolvency and restructuring | Paul Varul | [email protected] | |
Insolvency and restructuring | Peeter Viirsalu | [email protected] | |
Employment / Corporate | Indrek Ergma | [email protected] | |
Employment | Anu Kirss | [email protected] | |
Employment | Triin Kaurov | [email protected] | |
EU and competition | Triinu Järviste | [email protected] | |
Tax advice and tax disputes | Helmut Pikmets | [email protected] | |
IP/IT | Priit Lätt | [email protected] | |
IP, IT and data protection | Silvia Urgas | [email protected] | |
Healthcare and pharmaceuticals | Sander Kärson | [email protected] | |
Healthcare and pharmaceuticals | Ingeri Luik-Tamme | [email protected] | |
Energy and infrastructure | Anu Kirss | [email protected] |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Mag iur Triin Kaurov | Triin Kaurov has long-term and significant experience in advising clients on administrative… | View Profile | |
Mag iur Siret Saks | Siret Saks is one of the leading migration law experts in Estonia… | View Profile | |
Dr Jur Leonid Tolstov | Leonid Tolstov advises clients on various matters, such as transactions, mergers, divisions… | View Profile | |
Dr Jur Paul Varul | Paul Varul has advised a wide range of Estonian and international clients… | View Profile | |
Mag iur Peeter Viirsalu | Peeter Viirsalu specialises on insolvency, construction and real estate. In the field… | View Profile |
Staff Figures
Number of partners worldwide : 43Languages
English Estonian Finnish French German Latvian Lithuanian Polish RussianMemberships
International Bar Association TerraLex Estonian Bar AssociationOther
Contact : Sander Kärson (managing partner, [email protected]) Other offices : Riga Other offices : Tartu Other offices : Vilnius Number of other lawyers worldwide : 170+Legal Briefings
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General overview of the Lithuanian court system
The Lithuanian court system consists of courts of general jurisdiction and specialised courts.