The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

TGS Baltic

ADMIRAL HOUSE, AHTRI 6A, 10151 TALLINN, ESTONIA
Tel:
Work +372 626 4300
Fax:
Fax +372 626 4306
Email:
Web:
tgsbaltic.com
Riga, Tallinn, Tartu, Vilnius

Dr Jur Marko Kairjak

Tel:
Work +372 626 4300
Email:
TGS Baltic

Work Department

Banking & Finance, Private Equity, White-Collar Crime

Position

Marko Kairjak is an accomplished expert in compliance and regulatory matters. He has advised clients both in the financial regulatory field and in a number of financing transactions, including advising on public offerings. He has advised in establishing several crowdfunding platforms and their expansion to other countries.
Marko Kairjak has been advising leading Estonian fund managers such as Swedbank Investment Funds and SEB on regulatory and transactional issues on a regular basis. He has advised fund managers in cross-border issues related to the reorganization of Estonian funds and Luxembourg fund-of-funds as well as in the reorganization proceedings of the only risk capital fund in the Baltics – GILD Arbitrage. His competence includes dealing with the FSA of Estonia and Luxembourg on regulatory matters and has represented various financial market participants before the FSA.
He is also an experienced project financing lawyer, having advised DVB America AS on restructure of the 71MEUR ferry financing facility and involved in all the recent bond issue financing transactions on the Estonian market. Marko
Kairjak was the chairman of the EMIR Refit team during the presidency period of Estonia in the EU in 2017.
Marko Kairjak also has extensive experience in advising clients on white-collar crime including matters concerning corporate criminal liability as well as tax and competition offences. He has represented clients in cases of investment fraud, bribery and money laundering. He is well known for his work in competition investigations. Marko Kairjak is a criminal law lecturer at the University of Tartu. Since 2010 he is the head of the work group organized by Ministry of Justice reviewing economic criminal offences.

Career

2017 to date Partner, Attorney-at-Law, Law Firm TGS Baltic (formerly VARUL)
2017 Chairman of the EMIR Refit team, Estonian Presidency of the Council of the EU
2017 Visiting Scholar, HU Berlin
2015–2017 Partner, Law Firm VARUL
2015 Visiting Scholar, Kaliningrad University
2014 European Commission, DG Markt, Unit G3
2013 Visiting Scholar, Osnabrück University, Institute of Economic Criminal Law
2011–2015 Senior Associate, Law Firm VARUL
2010 Visiting Scholar, Georg-August-Universität Göttingen
2010 Intern, Covington & Burling (London)
Since 2007 Part-Time Lecturer, University of Tartu, Faculty of Law
2005–2011 Associate, Law Firm VARUL

Languages

Estonian, English, German, Russian

Member

European Fraud and Compliance Lawyers since 2015
European Criminal Bar Association since 2013
Estonian Bar Association since 2008
Estonian Legal Science Society since 2007

Education

2015 University of Tartu, Faculty of Law, PhD
2010 Cambridge University, Faculty of Law, LLM
2007 Westfälische Wilhelms-Universität Münster (Germany), Faculty of Law (Student Exchange Program)
2007 University of Tartu, Faculty of Law, MA (cum laude)
2005 University of Tartu, Faculty of Law, BA


Estonia

Banking, finance and capital markets

Within: Next generation lawyers

Marko Kairjak - TGS Baltic

Within: Banking, finance and capital markets

TGS Baltic recently advised Novaturas on its €22m IPO in conjunction with the firm's Vilnius office. Practice head Marko Kairjak recently advised Endover on term sheet negotiations with CVI Dom Maklerski. The group's experience in crowdfunding was again evident, with the firm advising Argeld on setting up its real estate crowdfunding platform and related refinancing matters. Other key clients include EstateGuru and TavexWise.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bär & Karrer Advises Acushnet on the Acquisition of KJUS

    Acushnet Holdings Corp., the worldwide leader in the design, development, manufacture and distribution of golf equipment and wear, has announced the acquisition of KJUS, a Swiss-based ski and golf sportswear company.
  • AVELLUM advises on Ukraine`s first in over a decade Euro-denominated notes issue

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on another milestone Eurobond deal. The issue by Ukraine of EUR1 billion notes with a 7-year tenor marks the first euro-denominated offering Ukraine has made in almost 15 years.
  • AVELLUM advises solar power plant developer on sale of solar project

    AVELLUM acted as the legal counsel to SM Invest Construction B.V., a solar PV plants developer, on the sale of shares in the holding company, which owns the underlying assets to develop a 148MW solar power plant in Mykolaiv region. Scatec Solar, a leading and globally acting solar energy producer, acted as the purchaser.
  • Bär & Karrer Advised Cembra Money Bank on the Financing of the Acquisition of cashgate

    Cembra Money Bank has agreed to acquire cashgate. The purchase price for the acquisition of cashgate and the refinancing of cashgate's loan portfolio is partly backed by a bridge facility and is financed and refinanced by the sale of treasury shares (gross proceeds of CHF 112.8 million) in an accelerated bookbuilding, the placement of CHF 150 million perpetual additional Tier 1 bonds and CHF 250 million net share settled convertible bonds.
  • Bär & Karrer Successfully Represents PNK Group Company in SCAI-Arbitration

    Bär & Karrer successfully represented a company acting under the trademark of PNK Group, a major developer of industrial facilities in Russia, against a Western European concrete plant engineering and manufacturing company in a SCAI-arbitration concerning the delivery of (defective) equipment. After full-fledged proceedings including a hearing with several technical experts, the client was awarded partial rescission of the contract (as requested) with returning of certain defective equipment against refund of its cost, a substantial price reduction with regard to the rest of the equipment, as well as a contractual penalty payment and reimbursement for 75% of all legal costs. Team members were Matthew Reiter and Désirée Schreyer (both arbitration).
  • What extra powers does a criminal prosecution provide in your area?

    The following article discusses session three in the IR Global Virtual Series on 'Freezing Assets - The mechanics behind cross-border injunctions'
  • If you are a UK business can you hire a student who has Tier 4 study Visa?

    Gulbenkian Andonian employs some of the top immigration lawyers in London and can be of valuable assistance if you are a company wanting to explore your options in hiring Tier 4 student visa holders.
  • Paper Applications for the EU Settlement Scheme

    The UK will leave the EU later this year at the end of October and preparations have started to take place on behalf of EU and EEA citizens to secure their immigration status in the UK before this happens.
  • Double Tax Treaty between Cyprus and Kazakhstan

    A DTT between Cyprus and Kazakhstan has been signed and ratified by Cyprus on the 15th of May 2019. The DTT is expected to “enter into force’ as from the 1st of January 2020, provided that the various legal procedures involved are finalized. Kazakhstan currently has the largest and strongest performing economy in Central Asia.
  • General requirements to advertising in Ukraine

    The main legal act regulating legal relations in the field of advertising is the Law of Ukraine  On Advertising . The implementation of the Law in practice requires a detailed analysis and practical experience. The fulfillment of the requirements of the Law and other regulatory legal acts regulating advertising relations in Ukraine is a guarantee that government agencies in Ukraine, such as the Antimonopoly Committee of Ukraine, the State Inspection of Consumer Protection of Ukraine will not be able to start an advertiser's check.