At the request of the Estonian E-Commerce Association, we analysed how to tackle the enormous tax loss arising from non-compliance of foreign e-shops in Estonia. Insufficient legislation Our analysis revealed that each year, Estonia is missing out on an average of EUR 145 million in VAT from foreign online shops. This is caused by insufficient […]
Acting as Estonian counsel through international law firm Clifford Chance, we advised Citibank, Goldman Sachs, and Societe Generale as the joint lead managers in the EUR 1 billion 10-year government bond issue of the Republic of Estonia. Government bond issue Investor interest in the issuing of government bonds proved to be significant, given the recent […]
We are advising Klaasimeister, a leading glass processor in the Baltic Sea region, on the merger with Polar Glass. Big players According to the agreement, the current owner of Klaasimeister, Baltic private equity fund Livonia Partners, will become the majority shareholder while the current owner of Polar Glass, Barrus, continues as the minority shareholder. The […]
We advised Punktid Technologies, the largest online sales environment for digital codes of video games, Nintendo, PlayStation and Xbox in Estonia, on carrying out their IPO and admission to trading on Nasdaq First North. Growing online sales environment Punktid Technologies is a holding company established and operating in Estonia which has two subsidiaries, Gamekeys and […]
Deals & Cases / Piret Jesse, Dr Kaido Künnapas, Lauri Liivat, Piibe Lehtsaar, Triin Ploomipuu, Mirjam Vichmann, Robin Teever, Lise-Lotte Lääne, Liisa Maria Kuuskmaa, Vladislav Leiri, Kadri Puu, Lelde Laviņa, Andris Vilisons
We advised YIT, the largest Finnish urban developer and construction company and also significant in Northern Europe in general, on the establishment of a partnership involving the largest ever residential to-let development project in the Baltic countries, and on local law aspects in all three of the Baltic states regarding the joint venture’s structure. As […]
