Andrius Digrys has joined BLRT Grupp AS as its General Counsel in Estonia.
Deal 5: IuteCredit Head of Legal Kadi Raudsepp on EUR 75 Million Bond Issuance
On October 18, 2021, CEE Legal Matters reported that Lextal has advised Estonian financial technology group IuteCredit on its EUR 75 million senior secured corporate bonds issuance. CEE In-House Matters spoke with Kadi Raudsepp, Head of Legal & Compliance at IuteCredit, to learn more about the matter.
Deal 5: Montonio Finance Director Rasmus Oisma on EUR 2.5 Million Investment Round
On August 19, 2021, CEE Legal Matters reported that Sorainen had advised Montonio on raising EUR 2.5 million from Tera Ventures, as well as ffVC, Superangel, Practica, 365.fintech, Startup Wise Guys, and a number of business angels. CEE In-House Matters spoke with Rasmus Oisma, Director at Montonio Finance, to learn more about the matter.
SupplierPlus Head of Legal Moves to PwC Legal in Estonia
Former SupplierPlus Head of Group Legal Kirill Lezeiko returns to private practice by rejoining PwC Legal in Estonia.
Deal 5: Practica Capital Co-Founding Partner Donatas Keras on Investment in Biomatter Designs
On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.
Deal 5: Former Raunistal Owners Regiina Pihlak and Raivo Pihlak on Sale to Enefit Green
On March 8, 2021, CEE Legal Matters reported that Lextal had advised the owners of Raunistal on the sale of 100% of their shares to Estonian state owned renewable energy company Enefit Green. CEE In-House Matters spoke with the two former owners, Regiina Pihlak and Raivo Pihlak, to learn more about the sale.
The In-house Buzz: Interview with Maido Lillemets of BaltCap in Estonia
Maido Lillemets, Legal and Compliance Manager at BaltCap in Estonia, reports that the three-pillar pension system in his country has been shaken by the recent legislative move from a mandatory to a voluntary approach to contributions into pension funds. This change, Lillemets reports, has cost the pension funds EUR 850 million already and the eventual cost may exceed EUR 1 billion.