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Chambers Europe ranks Raidla Lejins & Norcous as leading law firm in Estonia
30.08.2010

The leading global research company Chambers & Partners ranks Raidla Lejins & Norcous in their freshly published Chambers Europe 2010 overview amongst top tier law firms in Estonia.

Chambers Europe 2010 analyzes seven practice areas in Estonia: Banking & Finance, Competition/Antitrust, Corporate/Commercial, Dispute Resolution, Employment, Intellectual Property and Real Estate. Raidla Lejins & Norcous is endorsed as leading law firm in Estonia in all the researched practice areas. Individual recommendations are provided for the following specialists: Jüri Raidla, Sven Papp, Raino Paron, Jaanus Ikla, Toomas Vaher, Ants Nõmper, Tanel Kalaus, Mari Must, Arne Ots and Antti Perli.

For further information please click HERE

Pharmaceutical Advertising 2010 – an overview from 36 jurisdictions worldwide
10.08.2010

Raidla Lejins & Norcous has prepared the Estonian chapter in a global overview on regulation of Pharmaceutical Advertising 2010. The authors of the chapter are partner Ants Nõmper and Associate Neve Uudelt.

Please click HERE for the Estonia chapter

***

This article appeared in the 2010 edition of The International Comparative Legal Guide to: Pharmaceutical Advertising; published by Global Legal Group Ltd (http://www.iclg.co.uk/), London.

RoschierRaidla NEWS May - June 2010
25.06.2010

The RoschierRaidla News is a bimonthly e-newsletter jointly published by Roschier in Finland and Sweden and Raidla Lejins & Norcous in Estonia, Latvia and Lithuania covering the latest legal developments in the five jurisdictions.

  • Please read the legal updates from Estonia, Latvia, Lithuania, Finland and Sweden HERE
Tax Handbooks on European and Global Tax Systems
17.06.2010

Marek Herm, the Tax Counsel of Raidla Lejins & Norcous, has prepared country chapters of Estonia for a number of books published by the IBFD (International Bureau of Fiscal Documentation; www.ibdf.org). IBFD is a leading international provider of cross-border tax expertise and independent tax research.

The books published in June 2010 are the following:

  • European Tax Handbook 2010
  • Global Corporate Tax Handbook 2010
  • Global Individual Tax Handbook 2010

Raidla Lejins & Norcous advised Orkla in the acquisition of Kalev Chocolate Factory
01.06.2010

Under the agreement, Felix Abba takes over 100% of the shares in Kalev Chocolate Factory (KCF), including the factory in Jüri – which is located close to Tallinn – the production equipment and the related trademarks.

KCF is the leading chocolate and sugar confectionery company in Estonia, with more than 200 years of history. The company has annual net sales of approx. EUR 28 million and 386 employees. In addition to KCF, the acquisition includes related biscuits and flour mix businesses.

KCF will be part of the Orkla Foods Fenno-Baltic division, which is Orkla Foods Nordic’s Finnish-Baltic business.

Marit Toom acquired the qualification of Attorney at Law
04.05.2010

We are glad to announce that the number of Attorneys at Law in Raidla Lejins & Norcous has once again increased – Ms. Marit Toom was sworn in as Attorney at Law on May 4, 2010.

Marit is a member of Raidla Lejins & Norcous team since 2003 and specializes in Litigation, Administrative Law and Restructurings.

The Annual BALTIC BUSINESS LAW CONFERENCE 2010 was held in Tallinn
03.05.2010

The RoschierRaidla Baltic Business Law Conference is an annual event that analyses developments in the economies and business sectors in the Nordic/Baltic region. Each year, the event is hosted by a different RoschierRaidla jurisdiction, and each year it focuses on the most important and topical issues of the day. To deliver an insider’s perspective on these issues, the conference provides insights from top opinion leaders and recognized experts and practitioners from various fields including – economists, legal professionals, representatives of the State, business practitioners and financial advisors.

The conference was held for the fifth year and was held on April 29 in Tallinn. The topic of the event was set on the enlivening investments market with the main focus on M&A transactions in the region. The conference analysed both eastern and western investor sentiment and with opinions from a wide range of experts a common opinion was reached that the worst times are behind us, the bottom has been reached. We now need to be flexible, innovative and work hard to rebuild and cure our economic fundamentals, business environment and attract new foreign investments.

Presentations were delivered by Mr. Juhan Parts, Minister of Economic Affairs and Communications of Estonia, Mr. Jan Olsson from Deutsche Bank, Mr. Erkki Raasuke from Swedbank Group, Mr. Ulf-Henrik Kull, the managing partner of the leading law firm in the Nordic countries – Roschier, key specialists from the investments field – Mr. Henrik Igasta from SEB Enskilda, Mr. Viljar Arakas from EfTEN Capital, Mr. Gert Tiivas from East Capital Explorer and Mr. Aare Tammemäe from Redgate Capital.

Investment potential from the East was analysed by Mr. Mikhail Kazantsev from the largest law firm in Russia - Egorov Puginsky Afanasiev & Partners, Mr. Raivo Vare from Estonian Development Fund as well as opinion leaders with profound experience in business with the East - Mr. Joakim Helenius from Trigon Capital, Mr. Fjodor Berman from BLRT Group, Mr. Urmas Sõõrumaa from U.S. Invest and Mr. Tiit Vähi from Silmet Group/Port of Sillamäe.

A comparative overview on investment perspectives from the west and the east was provided by Mr. Stephen Denyer, the global markets partner in Allen & Overy – law firm with worldwide operations in 34 countries.

Please find the videocasts, photo gallery and other materials on the conference website at

www.rln.ee/conference2010

Heleri Tammiste acquired the qualification of Attorney at Law
08.04.2010

We are glad to announce that the number of Attorneys at Law in Raidla Lejins & Norcous has again increased – Ms. Heleri Tammiste was sworn in as Attorney at Law on April 6, 2010.

Heleri is a member of Raidla Lejins & Norcous team since 2004 and specializes in the fields of Mergers & Acquisitions (M&A), General Corporate and Contract Law, Competition Law, and Environmental Law.

Neve Uudelt and Jaanus Kasevits obtained the qualification of Attorney at Law
24.03.2010

The number of Attorneys at Law in Raidla Lejins & Norcous Law Office has again increased – Ms. Neve Uudelt and Mr. Jaanus Kasevits successfully performed the examination of Attorney at Law for acquiring the vocational qualification.

Ms. Uudelt joined Raidla Lejins & Norcous in 2007 and is specialized in General Commercial & Contract law and Litigation.

Mr. Kasevits and is specialized in IT & Electronic Communication, Data Protection and Gambling Law. He also joined the firm in 2007.

Chambers Global 2010 ranks Raidla Lejins & Norcous among leading Estonian law firms
23.03.2010

The leading research company Chambers & Partners ranks Raidla Lejins & Norcous in their freshly published Chambers Global 2010 overview amongst top tier law firms in Estonia.

Chambers Global 2010 analyzes two practice areas from Estonia: Corporate/Commercial and Dispute resolution. Raidla Lejins & Norcous is endorsed in both the areas as leading law firm on the market. Individual recommendations are provided for the following specialists: Jüri Raidla, Sven Papp, Raino Paron and Jaanus Ikla (Corporate/Commercial); Toomas Vaher and Arne Ots (Dispute resolution).

For further information, please visit www.chambersandpartners.com

Raidla Lejins & Norcous partner Toomas Vaher was selected chairman of Estonian Bar Association
04.03.2010

On March 4th, 2010 the general meeting of the Estonian Bar Association selected Mr. Toomas Vaher as the new chairman of Estonian Bar Association. The term of office is 3 years.

Mr. Vaher is a partner in Raidla Lejins & Norcous, heading the dispute resolution practice area in the firm. He is a member of the Estonian Bar Association from 1997 and a Member of the Board since 2004.

The Estonian Bar Association is founded in 1919 and has currently a total of 696 members.

  • Further information: Estonian Bar Association website
Raidla Lejins & Norcous advises Autoliv in takeover of Norma
01.03.2010

Autoliv Inc. (NYSE: ALV), the worldwide leader in automotive safety products, announced today its decision to make a cash offer for all outstanding shares the Autoliv group does not own in its 51%-owned Estonian subsidiary Aktsiaselts Norma (“Norma”).

Raidla Lejins & Norcous was the legal advisor to Autoliv in Estonia and the project team included partner Sven Papp, Senior Associate Antti Perli and Associate Triinu Reinold.

ROSCHIERRAIDLA NEWS 1/2010
26.02.2010

The RoschierRaidla News is a bimonthly e-newsletter jointly published by Roschier in Finland and Sweden and Raidla Lejins & Norcous in Estonia, Latvia and Lithuania covering the latest legal developments in the five jurisdictions.

* Please read the legal updates from Estonia, Latvia, Lithuania, Finland and Sweden HERE

The main topics covered in January - February 2010 newsletter are the following:

RoschierRaidla NEWS
06.01.2010

The RoschierRaidla News is a bimonthly e-newsletter jointly published by Roschier in Finland and Sweden and Raidla Lejins & Norcous in Estonia, Latvia and Lithuania covering the latest legal developments in the five jurisdictions.

  • Please read the legal updates from Estonia, Latvia, Lithuania, Finland and Sweden HERE

The main topics covered in November - December 2009 newsletter are the following:

ESTONIA

  • Reorganization Also to Apply to Tax Claims
  • Other Recent Legislative Developments:
    • State Export Guarantees Act
    • State Assets Act
    • New Commercial Code Provisions
    • Value Added Tax Act Amended
    • Income Tax Act Amended
    • Accounting Act Amended
    • Supervisory Board Members to Start Receiving Compensation for Business Use of Private Automobile

Data Protected overview from 32 jurisdictions
04.01.2010

The new 2009 edition of Linklaters’ Data Protected, the most comprehensive summary of European data protection legislation, is now available online. Raidla Lejins & Norcous has contributed to the Estonian chapter of the overview.

The new report contains a fully updated review of data protection legislation in each European Member State together with the European Economic Area States (Iceland, Liechtenstein and Norway) as well as Switzerland and Russia.

It features:

General | Directive 95/46/EC
1.    National Legislation
2.    National Regulatory Authority
3.    Personal Data
4.    Sensitive Personal Data
5.    Scope of Application
6.    Rights of Data Subjects
7.    Security
8.    Transfer of Personal Data to Countries Outside of the EEA
9.    Enforcement

Belarus Newsflash: Real Estate & Construction
22.12.2009

Raidla Lejins & Norcous has launched a new Belarus Newsflash which this time focuses on real estate and construction issues. The main issues covered are the following:

  • Benefits for New Investors
  • Construction in Parallel with Preparation of Design Documentation Permitted
  • Limitations for Design and Construction of Infrastructure in Residential Areas Lifted
  • New Rules on Compensation for Damage Caused by Expropriation of Land for State Needs in Minsk
  • Extension of the List of Banks Entitled to Enter into Mortgage Agreements
  • Other Legal Changes to Fulfil Government’s Liberalisation Commitments

* The newsletter can be found HERE
* Visit our Belarus Help Desk homepage HERE

 

TAXATION in NasdaqOmx Baltic Securities Market overview 2009/2010
27.11.2009

NasdaqOmx has launched their annual overview on Baltic securities market. The overview provides an insight to the market situation, investment possibilities and main developments, trading statistics and companies listed on the Tallinn, Riga and Vilnius exchange.

Traditionally, the taxation overview in respective Baltic jurisdictions is prepared by Raidla Lejins & Norcous firms in Estonia, Latvia and Lithuania.

  • Please see the overview in pdf format HERE
  • The previous Baltic market overviews from NasdaqOmx can be read HERE

 

RoschierRaidla NEWS (September - October 2009)
02.11.2009

The RoschierRaidla News is a bimonthly e-newsletter jointly published by Roschier in Finland and Sweden and Raidla Lejins & Norcous in Estonia, Latvia and Lithuania covering the latest legal developments in the five jurisdictions.

  • Please read the legal updates from Estonia, Latvia, Lithuania, Finland and Sweden HERE


The main themes covered in September – October 2009 newsletters are the following:

IFLR1000 ranks Raidla Lejins & Norcous as TIER I firm
23.10.2009

The IFLR1000, being the only publication of its kind to focus on leading law firms in corporate finance has once again endorsed Raidla Lejins & Norcous as TIER I law firm in Estonia. Financial law firm rankings are based on the recommendations of in-house counsel at the world’s most prominent financial institutions and companies, the research covers more than 100 jurisdictions.

Individual endorsements have been provided to partners Raino Paron (banking & finance) and Sven Papp (M&A).

Raidla Lejins & Norcous attended the IBA Annual Conference
19.10.2009

This year the IBA Annual Conference was held in Madrid from October 4 – 9. From Raidla Lejins & Norcous partner Jüri Raidla and tax counsel Marek Herm attended the conference. This year the conference attracted approximately 5000 lawyers across the globe.

Marek Herm participated in the international discussion panel which analysed different tax measures that states have started to use in order to alleviate the economic crisis. Four main issues were covered during the panel:

  • Stimulating Economic Growth: tax changes used to encourage economic activity.
  • Increasing Liquidity: tax changes designed to increase the flow of funds to taxpayers and alleviate credit market paralysis.
  • International Tax System: changes to international tax and controlled foreign corporation regimes in the recessionary environment. Conflicting aims of expanding domestic tax base vs. creating an internationally competitive tax environment.
  • Revenue Generation: tax policies used to raise revenues to fund government recession mollifying spending programs.


The presentation of the discussion panel can be found HERE
IBA website can be found HERE

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