Buying out shareholders – what does this entail for share pledges?

As in several other countries, in Estonia the possibility exists for a majority shareholder to buy out minority shareholders under […] Read more »

Posted in Corporate and Commercial | Comments closed

Guarantor’s right to indemnity

When a guarantee is granted, not much thought is often given as to what will happen if the amount under […] Read more »

Posted in Corporate and Commercial | Comments closed

Suretyship and guarantee – securities that may be

It is fairly common in business for shareholder being a natural person to provide a surety or issue a guarantee […] Read more »

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Restriction of liability – possible, but to what extent?

Agreements often contain clauses restricting party’s liability in the event of breach. There is a variety of ways available to […] Read more »

Posted in Corporate and Commercial | Comments closed

Liability of managing body members upon transfer of business

In light of several decisions by the Supreme Court*, we would like to draw attention to the potential liability of […] Read more »

Posted in Corporate and Commercial | Comments closed

Supreme Court explicitly confirms impact of voting rights on value of shareholding

A recent decision of the Supreme Court explains the principles for assessing the value of a shareholding in a company. […] Read more »

Posted in Corporate and Commercial | Comments closed

US “invites” foreign financial institutions to cooperate

We glance at the influence of the Foreign Account Tax Compliance Act (FATCA) adopted by US on March 18, 2010. Read more »

Posted in Banking and Finance | Comments closed

Assignment of Claim and VAT

A recent judgment of the Estonian Supreme Court explained the principles of imposing value added tax on assignment of claims […] Read more »

Posted in Legal alert, Taxation, Dispute resolution | Comments closed

Significant Amendments Planned for Regulation of Financial Collateral

The Ministry of Finance has prepared a draft act, which would significantly change the regulations on financial collateral (1). According […] Read more »

Posted in Banking and Finance | Comments closed