News

Litigations concerning Approved Layout of the Rail Baltica Track Successfully Finalized

On the 26^th of November, the Department of Administrative Cases of the Senate left the judgment of the Administrative Regional Court unmodified by dismissing an application for revocation of the decision of the Cabinet of Ministers about the layout approved for construction of the Rail Baltica railway track in the section near Salaca and Vitrupe.

FORT is advising LHV on acquiring commercial buildings in Jüri (Rae municipality)

FORT is advising LHV Pension Funds on acquiring three stock office-type commercial buildings in Jüri in Rae municipality in which the biggest lessee is the Tanker brewery.

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FORT Vilnius assisted EIKA in distribution of EUR 5 mio BONDS

The real estate development company EIKA successfully distributed EUR 5 mio bond issue for the first time ever. Read more…

FORT team has successfully represented broadcast technology industry company Broadcast Solutions GmbH in acquisition of TVC Solutions.

Broadcast Solutions is one of Europe’s largest system integrators and comprises a group of companies acting worldwide. Company realises projects and offers its services in broadcast, content creation and media production related areas – globally.

TVC Solutions is an independent radio and television system operator. By joining forces, companies will be able to offer extensive spectre of broadcast solutions to the Baltic region market.

FORT advised Broadcast Solutions on all legal issues related to the acquisition. Team consisted of Mindaugas Žolynas and Vadimas Maksimenka.

More information can be found in the official TVC Solutions announcement: https://www.tvc.tv/broadcast-solutions-group-acquires-lithuanian-systems-integrator-tvc

Partner Merit Lind explains the requirements of the new EU crowdfunding regulation in the publication Äripäev 

On 20 October 2020 the new EU regulation on crowdfunding for businesses was published. The regulation will ensure a harmonised EU crowdfunding regime with the aim of promoting legal certainty as to the rules regulating crowdfunding activities across the EU member states.

On October 26, 2020 the leading Estonian financial newspaper and business news portal Äripäev published an analysis regarding the new crowdfunding regulation and discussed the topic in their radio morning-program. Alongside other experts, our partner Merit Lind gave her input regarding the topic.

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LHV Pank and Danske Bank closed the sale of Estonian corporate and public sector credit portfolio

On 3 October 2020, AS LHV Pank and Danske Bank A/S closed the transaction, under which LHV Pank acquired Danske Bank’s credit portfolio involved with Estonian corporate and public sector credits. The final volume of the transaction amounted to 273 million euros.
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FORT contributes to the development of model documents for the startup sector

In cooperation with Startup Estonia and leading Estonian law firms, our team updated the package of model documents.
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FORT has represented fund EfTEN Real Estate Fund III AS managed by the real estate investment company EfTEN Capital AS in acquisition of the business centre in Vilnius

The latest EfTEN‘s purchase of 6,800 sq. m is located in the heart of the expanding Viršuliškės office district, at the intersection of two busy roads: Pilaitės Avenue and Vilnius Western Bypass. Read more…

Acclaimed top experts joined FORT – a law firm that focuses on finding smart solutions

Merit Lind joins FORT as a Partner and Head of Finance and Public Law practice group, Kristin Kamilla Kirss (formerly Sõgel) as a counsel with a long-term experience in banking and finance, Ivo Vanasaun as a top tax specialist and Katrin Alliksaar as a counsel of administrative and public procurement law.

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FORT advises East Capital Real Estate on the acquisition of the SEB Bank head office in Tornimäe, Tallinn

FORT advises East Capital Real Estate IV fund in acquiring the head office of SEB Bank in Tornimäe, Tallinn.

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