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On 10 July 2023, the European Commission adopted a decision on the EU-US Data Privacy Framework, recognising the US as a country providing sufficient protection for personal data subject to requirements under the GDPR. This marks the end of long-running and intense negotiations between the EU and the US, as a result of which personal […]
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Our senior associate Mari Agarmaa and assistant lawyer Maarika Maripuu published an overview of insolvency law updates in INSOL Europe. Commercial insolvency Bankruptcy Act The Bankruptcy Act is the central act in Estonian insolvency law, handling the issue of commercial bankruptcy. In addition to that, the Bankruptcy Act also regulates questions regarding the newly founded […]
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Publication / Sofia Kurochka
The material is compiled by assistant lawyer Sofia Kurochka. Industry Regulation (EU) 2023/1230 of the European Parliament and of the Council of 14 June 2023 on machinery and repealing Directive 2006/42/EC of the European Parliament and of the Council and Council Directive 73/361/EEC (Text with EEA relevance) Published: 29 June 2023 Date of effect: 14 January […]
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Publication
Sorainen Estonia Annual Report 2022 Sworn auditors’ report The sales revenue of Advokaadibüroo Sorainen AS, our legal entity operating in Estonia, grew by 1.46%, reaching EUR 14,562,000 in 2022. The operating profit fell slightly, by 2.34%, to EUR 5,823,000. Sorainen managed to outperform our growth level for the previous year despite a challenging economic environment, […]
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Sorainen Latvia Annual Report 2022 Independent auditors’ report According to the annual reports published for the first time by Latvian law firms, Sorainen had the highest net turnover in the Latvian legal market in 2022. The annual turnover of Sorainen Latvia was EUR 8,394,222, while the profit amounted to EUR 1,460,288. As this is the […]