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TGS Baltic

Work +372 626 4300
Fax +372 626 4306
Riga, Tallinn, Tartu, Vilnius
TGS Baltic, Mag iur Kedli Anvelt, Tallinn, ESTONIA

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Mag iur Kedli Anvelt

Work +372 626 4300
TGS Baltic

Work Department

Litigation & Dispute Resolution, Banking & Finance, Insolvency, White-Collar Crime, Private Equity


Kedli Anvelt advises clients on all aspects of insolvency, including cross-border matters. She has years of experience in advising and representing bankruptcy trustees and creditors in various insolvency matters, including initiating proceedings, resolving issues arising from bankruptcy proceedings, determining options for filing claims and litigation (including recognition of claims, reclamation of assets in a bankruptcy estate and exclusion of assets from bankruptcy).
Kedli also participates in the work of bankruptcy bodies. Kedli is the chairman of the bankruptcy council in the bankruptcy proceedings of the fund manager GA Fund Management in the first ever fund manager bankruptcy proceeding in Estonia, that led to the review and amendment of the provisions of the Investment Funds Act concerning the liquidation of hedge funds.
Kedli is experienced in formulating legal opinions in highly complex insolvency matters, including matters for which there is no explicit regulation in the law and the points of contact between insolvency law and other areas of law where a conflict has arisen between several different areas of law and their principles.
Kedli also represents clients in a range of complex criminal proceedings related to economic violations, including bankruptcy proceedings.


2017 to date Senior Associate, Attorney-at-Law, Law Firm TGS Baltic (formerly VARUL)
2014–2017 Senior Associate, Law Firm VARUL
2012–2014 Associate, Law Firm VARUL
2011–2012 Lawyer, Law Firm VARUL
2010 Intern, Law Firm Lentsius & Talts
2010 Intern, Southern District Prosecutor’s Office
2009–2010 Counsel, University of Tartu Student’s Law Office
2009 Intern, Law Firm Lentsius & Talts
2008 Intern, Law Firm Lentsius & Talts
2008 Intern, Tallinn Administrative Court
2007 Intern, Tallinn Administrative Court


Estonian, English, Russian


INSOL Europe since 2017
Estonian Bar Association since 2012


2011 University of Tartu, Faculty of Law, MA (cum laude)
2009 University of Tartu, Faculty of Law, BA


Dispute resolution

Within: Next generation lawyers

Kedli Anvelt - TGS Baltic

Within: Dispute resolution

Headed by the 'widely known' Paul Varul, the team at TGS Baltic continues to be involved in high-profile disputes. Recent work includes advising several municipalities on the recent free public transport measures, including acting in disputes by commercial bus operators. Senior associate Kedli Anvelt has been active in many of the firm's major disputes, and her 'remarkable' knowledge of bankruptcy law makes her a name to note. Other key clients include the Port of Tallinn, which the group is representing in criminal and civil cases against its former directors, and state railway company Eesti Raudtee. Managing partner Martin Tamme is also recommended. Kristina Laarmaa is now with Advokaadibüroo KPMG Law.

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