Banking & Finance

Ellex Raidla advises on a full range of financing matters and works with banks, investment firms, insurance companies and other financial institutions. We have unrivalled experience in disputes in this field, including landmark disputes on the authorities of regulatory and supervisory bodies. We are also a leading firm in Estonia in IPO, slack public offering, security token offering, investment law and other regulatory matters. Our experts have advised on the largest number of restructuring and acquisition transactions that have arisen in the banking sector.
Key projects in the field

  • Securities Market Act
  • Central Registry of Securities Act
  • Law on Investment Funds
  • Credit Institutions Act
  • Development Fund Act
  • Money Laundering and Terrorist Financing Prevention Act
  • Insurance Activities Act
  • Financial Supervision Authority Act

Key contacts

Raino Paron

Partner

Head of Banking & Finance and EU & Competition practice groups
+372 640 7170
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Ermo Kosk

Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZXJtby5rb3NrQGVsbGV4LmVlIj5lcm1vLmtvc2tAZWxsZXguZWU8L2E+:xx

Marko Kairjak

Partner

Criminal Compliance and Financial Regulatory
+372 640 7170
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Gerli Kilusk

Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86Z2VybGkua2lsdXNrQGVsbGV4LmVlIj5nZXJsaS5raWx1c2tAZWxsZXguZWU8L2E+:xx

Toomas Kasesalu

Counsel

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86dG9vbWFzLmthc2VzYWx1QGVsbGV4LmVlIj50b29tYXMua2FzZXNhbHVAZWxsZXguZWU8L2E+:xx

Martin Mäesalu

Senior Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bWFydGluLm1hZXNhbHVAZWxsZXguZWUiPm1hcnRpbi5tYWVzYWx1QGVsbGV4LmVlPC9hPg==:xx

Helen Ratso

Senior Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86aGVsZW4ucmF0c29AZWxsZXguZWUiPmhlbGVuLnJhdHNvQGVsbGV4LmVlPC9hPg==:xx

Kerstin Jürgenson

Associate

+370 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a2Vyc3Rpbi5qdXJnZW5zb25AZWxsZXguZWUiPmtlcnN0aW4uanVyZ2Vuc29uQGVsbGV4LmVlPC9hPg==:xx

Ursula Kosk

Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86dXJzdWxhLmtvc2tAZWxsZXguZWUiPnVyc3VsYS5rb3NrQGVsbGV4LmVlPC9hPg==:xx

Anna Trine Raudsepp

Associate

+372 640 7170
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Kadi Sink

Senior Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a2FkaS5zaW5rQGVsbGV4LmVlIj5rYWRpLnNpbmtAZWxsZXguZWU8L2E+:xx

Kevin Gerretz

Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a2V2aW4uZ2VycmV0ekBlbGxleC5lZSI+a2V2aW4uZ2VycmV0ekBlbGxleC5lZTwvYT4=:xx

Andrei Nirk

Lawyer

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86YW5kcmVpLm5pcmtAZWxsZXguZWUiPmFuZHJlaS5uaXJrQGVsbGV4LmVlPC9hPg==:xx

Anneli Krunks

Senior Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86YW5uZWxpLmtydW5rc0BlbGxleC5lZSI+YW5uZWxpLmtydW5rc0BlbGxleC5lZTwvYT4=:xx

Rain Raa

Counsel

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86cmFpbi5yYWFAZWxsZXguZWUiPnJhaW4ucmFhQGVsbGV4LmVlPC9hPg==:xx

Kristi Traagel

Lawyer

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a3Jpc3RpLnRyYWFnZWxAZWxsZXguZWUgIj5rcmlzdGkudHJhYWdlbEBlbGxleC5lZSA8L2E+:xx

Key projects in the field

Ellex Raidla advising Levikom in connection with a bond issue
Estonian telecommunications company Levikom has announced plans to raise capital in the amount of more than €5 million through a bond emission targeted at local investors. Levikom have recently focused on the development of 5G technology, and the additional capital is to be put towards the company's business plan for the next few years.
 
Levikom is a local capital-based company offering ultra-fast internet, television, telephone and IT infrastructure and cloud services.
 
The issuer of the bonds is the parent company Levikom Holding OÜ. Ellex Raidla's partner Sven Papp advising on the shaping of Levikom's capital structure.
 
Read more HERE.
Coop Pank has selected Ellex Raidla as legal adviser for the initial public offering (IPO) of its shares
In early June the supervisory board of Coop Pank instructed the bank’s management board to begin preparations for the public listing of shares on Tallinn Stock Exchange. The earliest that the IPO could take place is in autumn 2019.
 
For the initial public offering (IPO) of its shares, Coop Pank has selected Ellex Raidla, a law office with many years’ experience of advising on banking, finance and securities market law and IPOs, as its legal adviser, while communications adviser will be Agenda PR and financial adviser LHV.
 
Ellex Raidla team is led by Partner Raino Paron as well as Senior Associates Alla Kuznetsova and Kadi Sink.
 
Read more HERE.
Advising Magnetic MRO AS’ issue of new shares
Ellex Raidla advises the issue of new shares by Magnetic MRO AS to raise additional capital by up to 8.95 million euros.
 
“Magnetic MRO has total 11 different business units. Some of them are more focused on profitability and others are more driven towards fast growth. A significant part of the equity injection will be allocated into fuelling organic growth in our growing business units,“ commented Risto Mäeots, the CEO of Magnetic MRO.
 
Our team consists of Partner Risto Vahimets and Senior Associate Karl-Erich Trisberg, in regulatory matters the project is advised by Senior Associate Helen Ratso.
 
Read more HERE.