Jurisdiction – ESTONIA
Members of the management board have an obligation to submit a bankruptcy petition in case the company has become insolvent. For breach of this obligation, the law prescribes criminal liability. Accordingly, it is important how to determine when the company has become insolvent.
The global research company Who’s Who Legal has published a directory in the field of public procurement law. “Who’s Who of Public Procurement Lawyers 2011” outlined three leading public procurement lawyers in Estonia including Kuldar-Jaan Torokoff, attorney of Law Office Nordeus (predecessor of FORT).
Who’s Who Legal conducts independent and comprehensive surveys among law firm clients and public procurement lawyers across the globe. Who’s Who Legal is the official research partner of the International Bar Association.