-
A new player in defence and cyber security
We advised New Nordic Asset Management during the process of obtaining an activity licence from the Financial Intelligence Unit and registering with the Estonian Financial Supervision and Resolution Authority. This allows them to act as a small fund manager for a limited partnership fund, focused on investing in high-potential startups in the national security, defence technology, […]
-
Navigating the ownership and export of artworks
We advised a private client on the legal aspects of owning and moving artworks across borders. This matter was significant due to the complex legal landscape concerning cultural property. It required a deep understanding of both Estonian law and relevant European Union regulations on cultural heritage and asset protection. We helped the client secure clear […]
-
Lidl Lietuva sells and leases back two new stores
We advised Lidl Lietuva on the sale and long-term leaseback for two newly built stores in Lithuania. 1,979 sq. m store in Jurbarkas and a 2,312 sq. m store in Panevėžys were acquired by Tewox. The acquisition was financed with a EUR 6.7 million loan from Luminor Bank. Tewox acquired the store buildings along with […]
-
Can Estonia lease prisons to foreign countries?
At the request of the Ministry of Justice, we analysed the constitutionality of leasing Estonian prisons to foreign countries. The aim of the analysis was to determine whether it is possible to lease prisons to foreign countries so that prisoners serve their sentences in Estonia under foreign law, but the prison staff consists of Estonian […]
-
Šiaulių Bankas has placed EUR 300 million bond issue in the international market
We represented bank-dealers in AB Šiaulių bankas’ issuance of EUR 300 million 5.25-year senior preferred fixed-rate reset notes with an optional call date and interest rate reset at 4.25 years from issue. The annual fixed rate coupon on the notes up to the reset date will be 4.597%. The settlement will take place on 25 […]