
COBALT

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Firm profile for Europe 2022

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This content is provided by COBALT.
Managing Partners: Jaanus Mody (Estonia), Dace Silava-Tomsone (Latvia), Lauris Liepa (Latvia), Irmantas Norkus (Lithuania)
Number of partners: 41 in the Baltics (Estonia - 13)
Number of lawyers: 203 in the Baltics (Estonia – 69)
Languages: Estonian, English, Finnish, German, Italian, Russian
Firm Overview:
COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 240 attorneys and support staff. We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups.
Main Areas of Practice:
Banking & Finance:
3 partners, 12 fee earners based in Tallinn, Estonia
■ Advising Swedbank on evaluating structural changes at the Baltic level.
■ Advising Luminor Bank on setting up its covered bond programme (as part of its 3 BEUR EMTN and covered bond programme) and the first issue of covered bonds in the Baltic region, in the amount of EUR 500 million.
Key Clients: Luminor Bank, European Investment Bank, Swedbank, SEB Bank, LHV Bank
Contacts: Kristel Raidla-Talur, Marina Kotkas, Monika Koolmeister
Emails: [email protected]; [email protected]; [email protected]
EU & Competition:
1 partner, 5 fee earners based in Tallinn, Estonia
■ Successfully representing Wolt Estonia, a food delivery app technology company, in the Estonian Competition Authority supervision proceedings in connection with the price parity clause
■ Advising European Commission acting as amicus curiae in three distinct disputes between the Estonian State and beneficiaries of state aid, resulting in the landmark ruling of Eesti Pagar, C-349/17.
■ Advising Alexela Varahalduse in establishing a joint venture with the Estonian Gas incumbent AS Eesti Gaas for the production of Biomethane and obtaining a merger clearance for the establishment of the full function joint venture
Key Clients: Wolt, Baltcap, Apax Funds, Alexela Group, Ragn-Sells
Contact: Elo Tamm
Email: [email protected]
Corporate & Commercial:
3 partners, 10 fee earners based in Tallinn, Estonia
■ Advising Utilitas, the largest district heating company and the largest renewable energy producer in Estonia on acquisition of shareholding in AS Tallinna Vesi.
■ Advising Estonian Fortumo on selling its business to London Stock-Exchange-listed leading global mobile payments platform Boku.
Key Clients: First State Investments, BaltCap, Livonia Partners, Mid Europa Partners, TMB Group, Hamburger Hafen und Logistik AG, Utilitas
Contact: Martin Simovart, Peeter Kutman
Email: [email protected]; [email protected]
Dispute Resolution and Restructuring & Insolvency:
5 partners, 27 fee earners based in Tallinn, Estonia
■ Advising Swedbank AS in historic AML and KYC matters and related proceedings.
■ Advising Olympic Entertainment Group in a multimillion-euro litigation case against the claim for fair compensation for takeover of minority shareholder's shares.
Key Clients: VKG, Gedeon Richter, Luminor Bank, Alexela Group, Port of Tallinn, Ragn-Sells, Swedbank, Olympic Entertainment Group, Teva Pharmaceutical Industries
Contact: Jaanus Mody
Email: [email protected]
Employment:
1 partner, 5 fee earners based in Tallinn, Estonia
■ Advising AbbVie on the transfer of employees in Estonia in AbbVie’s transformative acquisition of Allergan.
■ Advising Luminor Bank on reorganising its management structure and cross-border merger, including on corporate and employment law matters.
Key Clients: LIDL, AbbVie, WOLT, HUGO BOSS, Swedbank
Contact: Karina Paatsi
Email: [email protected]
Energy & Infrastructure:
2 partners, 2 fee earners based in Tallinn, Estonia
■ Advising the Ministry of Economic Affairs and Communications in drafting a model energy performance contract for the public sector
■ Advising European Diversified Infrastructure Fund II on investment in Utilitas, leading private Estonian energy group.
Key Clients: Ministry of Economic Affairs and Communications, First State Investments, Alexela Group
Contact: Aivar Taro, Elo Tamm
Email: [email protected]; [email protected]
Intellectual Property:
1 partner, 5 fee earners based in Tallinn, Estonia
■ Successfully representing Creative Woodworks, the creator and manufactuter of Iglu saunas, in a trademark case.
■ Serving wide variety of venture capital funds in relation with start-ups (Cybexer Technologies, Binalyze, Modular Technologies, Gelatex, Outvio, etc.)
Key Clients: Change Ventures, Karma Ventures, 3Commas Technologies, CybExer Technologies.
Contact: Egon Talur
Email: [email protected]
Real Estate:
3 partner, 5 fee earners based in Tallinn, Estonia
■ Advising a joint venture of the clients of Partners Group and Northern Horizon Capital in the sale of SEB’s head office to East Capital.
■ Advising French real estate fund Corum Origin on acquiring Harmet’s production facility in Estonia.
Key Clients: Baltic Horizon Fund, Northern Horizon Capital, Corum Origin, BPT Real Estate
Contact: Aivar Taro
Email: [email protected]
Tax:
1 partner, 5 fee earners based in Tallinn, Estonia
■ COBALT advised Green Marine AS on obtaining an operating license for an excise warehouse required for the production and processing of heavy fuel oil.
■ COBALT advised Fortumo on all Estonian tax matters with respect to selling its business to London Stock-Exchange-listed leading global mobile payments platform Boku.
Key Clients: CybExer Technologies, Mindvalley, Inc., Change Ventures, Electric Beast Global, Change Group
Contact: Egon Talur
Email: [email protected]

This firm is also ranked in:
Global 2022 FinTech 2022Articles, Highlights and Press Releases
Total 1 Articles, Highlights and Press Releases
Press Release
COBALT appoints Uģis Zeltiņš as Partner and Head of Competition in LatviaAuthors: Uģis Zeltiņš
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Latvia, Riga
Lithuania, Vilnius
Tallinn
Harjumaa
Estonia