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We are representing the Estonian startup airline Marabu Airlines in a significant legal dispute with the Estonian national airline Nordic Aviation Group, relating to the Estonian aviation market. Nordica violates ACMI agreement In 2023, Marabu and Nordica entered into an ACMI (aircraft, crew, maintenance and insurance) agreement, under which Nordica promised to use three Airbus […]
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We advised Baltic Workboats, an Estonian shipbuilding company, with regard to the consortium of 23 industry members led by the client that is developing a modular and semi-autonomous surface vessel platform with a remote control system to be used by European navies. The consortium won funding of EUR 65 million from the European Defence Fund […]
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We successfully represented Lithuanian Railways against supplier Civinity Solutions (Civinity) in a dispute regarding compensation of EUR 700,000 damages. Civinity laid the groundwork for this dispute in 2022, when it won a case and proved that a competitor’s tender offer was unjustly selected as the winner. Since the contract with the competitor had already been […]
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We advised the largest energy company in Estonia, state-owned Eesti Energia, on raising EUR 400 million by issuing green hybrid bonds. This is the first green hybrid bond issued in the Baltics to be offered internationally and listed on the London Stock Exchange. Enormous interest worldwide Investors oversubscribed the offer fourfold at more than 1.6 […]
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We advised one of Europe’s leading private banks, Berenberg, on providing financing of EUR 26 million to the renewable energy company Green Genius to construct the new solar park in the Baltics. The 121 MW project is located in Jekabpils, Latvia. So far, it is the biggest stand-alone solar park in Latvia, taking over a […]
