We are advising Rail Baltic Estonia in compiling the procurement documents relating to the alliance procurement consultancy contract signed between Rail Baltic Estonia and joint bidders BrainTeam OÜ and Vision Oy. The agreement, which will serve as the basis for the procurement of large-scale Rail Baltica railway construction work, costs approximately EUR 1 million and […]
The Estonian Insurance Association appointed our senior associate Marcus Niin as the conciliator of the insurance conciliation body. His term begins on October 1, 2024, and lasts five years. “An insurance conciliator is an independent and impartial expert in insurance disputes. The conciliator aims to help resolve disputes between the insurer and the insured. The […]
We are advising Gasgrid Finland Oy and Elering AS on obtaining insurance compensation for the damaged Balticconnector gas pipeline. In October 2023, the Chinese vessel NewNew Polar Bear damaged the Balticconnector gas pipeline between Estonia and Finland. As a result, Finland’s gas connection with Europe was disrupted, causing approximately EUR 35 million in damage. We […]
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 […]
Assistant lawyer Natājlija Ķīse compiled the material. Banking and finance EBA issues new guidelines to combat money laundering and terrorism financing in fund and crypto transfers Published: 4 July 2024 New guidelines on the “travel rule” have been announced by the European Banking Authority (EBA) to address the issue of money laundering and terrorism financing through […]
