News & Affairs
News & Affairs
28. 04. 20
FORT advised AS Selver on acquiring 100% shareholding in retailer ABC Supermarkets AS
FORT advised AS Selver (a subsidiary of Tallinna Kaubamaja Grupp AS, a company listed in the main list of the Tallinn Stock Exchange) on acquiring 100% shareholding in retailer ABC Supermarkets AS.
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News & Affairs
27. 04. 20
News & Affairs
Rating Agency Legal 500 Highly Ranks Performance of FORT
International legal rating agency Legal 500 has published the latest edition of The Legal 500 Europe, Middle East and Africa (EMEA) 2020 summarizing data and providing a guide of law firms in Europe, Middle East and Africa. For several consecutive years FORT has been recognized as one of the leading law firms in Latvia, Estonia and Lithuania.
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News & Affairs
News & Affairs
07. 04. 20
DEFAULT INTEREST LIMITATIONS DURING COVID-19
On 5 April 2020 a new legal provision has entered into force providing that during the period from 1 April 2020 till 1 September 2020, the default interest for the delay in the performance of civil legal obligations shall not exceed the statutory interest. As is apparent from the annotation of said legal provision, its purpose is to reduce the workload of the courts with those litigation matters that are related to the application of force majeure circumstances caused by Covid-19 when the claimant is requesting to release it from negative consequences (such as default interest or contractual penalty).
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