Commercial & Compliance

Ellex Raidla is the only law firm in Estonia that has been actively involved in academic and governmental projects related to corporate legislation and commercial law. Our partner Dr iur Martin Käerdi is one of the principal authors of the Estonian Commercial Code, Law of Obligations Act and Restructuring Act. We have substantial experience in compiling and negotiating complex cross-border contracts from various business sectors. Our practice includes a broad range of commercial contracts across many different sectors and jurisdictions.
Key projects in the field

  • Law of Obligations Act
  • Commercial Code
  • Restructuring Act
  • Law of the General Part of the Civil Code
  • Law of Property Act
  • Commercial Code
  • Employment Contract Act
  • Bankruptcy Act

Key contacts

Martin Käerdi

Partner

Head of Commercial & Compliance Law and Employment practice group
+ 372 640 7170
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Jüri Raidla

Senior Partner

+372 640 7170
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Jaanus Ikla

Counsel

+ 372 640 7170
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Triin Frosch

Counsel

+ 372 640 7170
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Rauno Klemm

Senior Associate

+ 372 640 7170
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Martin Mäesalu

Senior Associate

+ 372 640 7170
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Karl-Erich Trisberg

Senior Associate

+ 372 640 7170
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Kristel Urke

Associate

+372 640 7170
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Kerstin Jürgenson

Associate

+370 640 7170
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Kristiina Reinson

Associate

+372 640 7170
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Karin Tartu

Lawyer

+ 372 640 7170
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Liisbeth Lillo

Lawyer

+372 640 7170
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Key projects in the field

We advised Infortar AS on the sale of Pirita Spa Hotel
Ellex Raidla team advised AS Infortar, the core owner of the listed Estonian shipper Tallink Grupp, on the sale of Pirita Spa Hotel to Purje Vara OÜ.
 
From 16 November  the spa hotel, owned by Purje Vara OÜ, will be operated by the Estonian company BRE Hotels OÜ. The hotel has 267 guest rooms, Regatta Restaurant, a grill bar and a fitness center, as well as treatment and wellness packages available as additional services. Sales and Marketing Director of BRE Hotels OÜ Tõnu Steinberg said that the goal is to develop the hotel into a modern and innovative leisure and entertainment center.
 
Infortar is one of the largest private investment groups in Estonia with interests in shipping and transportation, hospitality, real estate, printing, trading, financial service industries and energetics. Their investments include a 38% ownership of AS Tallink Group (the leading transportation and shipping company in the northern Baltic Sea region), 67% of AS Eesti Gaas, numerous hotel and real estate investments consisting of ca 100,000 m² of different hotel and spa properties in Tallinn and Riga, Tallink Group logistics centre and headquarters, a  commercial and residential building in old town of Tallinn (Vana Posti 7) etc.
 
The deal was advised by Partner Martin Käerdi and Lawyer Karin Tartu.
We advised Estonian Cell with regards to biogas sale agreement with GreenGas Energy
Ellex Raidla advised Estonian Cell with regards to biogas sale agreement with GreenGas Energy. The result of the transaction will be the building of the first biomethane production plant in the Baltic States, in Kunda. The estimated investment value is around 3.5 MEUR.

GreenGas Energy is planning to produce 6-7 million cubic meters of biomethane a year, which is comparable to the combined annual fuel consumption of the Narva, Tartu and Pärnu public bus service. The construction will started later this year. Biomethane will be produced from biogas generated at Estonian Cell aspen pulp mill. Estonian Cell has produced more than 3 million m3 of biogas so far this year. Biomethane is the cleanest renewable natural fuel, the use of which in transportation will significantly reduce environmental pollution.

The team of Ellex Raidla was led by counsel Triin Frosch.

Additional information about Estonian Cell is available here.
Advising Medicine Estonia Cluster regarding the standard contracts
Ellex Raidla partner Ants Nõmper advised Medicine Estonia Cluster regarding the preparation of standard contracts for provision of health care services, including contracts regarding the patients’ approval and the preparation of anaesthesia leaflets in Estonian, Russian, English and Finnish.

Medicine Estonia is a project of Service Industry Association supporting its members in increasing their export of medical services. One of the main roles of the cluster is to market the services of its members in target markets and to create an attractive image for the Estonian service providers.

Additonal information: www.medicineestonia.eu