According to Estonian law, the shareholders of a public limited liability company (AS) who hold at least 1/10 of all votes (1/20 in case of a publicly traded company) may propose draft resolutions to be voted on at the general meeting of shareholders. Such draft resolutions must be submitted to the management board at least three days prior to the meeting. In its recent ruling, the Supreme Court confirmed that the same principle applies to setting up candidates for the supervisory board. If a candidate is not proposed at least three days prior to the meeting, his/her candidacy does not need to be put on a vote.

Six colleagues from Law Firm Krodere & Judinska (Ieva Judinska-Bandeniece, Brigita Terauda, Ramona Tiltina, Uldis Judinskis, Edgars Turlajs and Inga Grauzina) merge with current partners of FORT in the Baltics, thus giving a boost of professional expertise in new areas. The changes result in FORT Riga Office uniting 18 professional lawyers whose specialization covers all crucial business sectors.