Latest Assignments

Katri Tomson and Ramil Pärdi, sworn advocates within the TRINITI financial team, are participating in the preparation of the Estonian national money laundering and terrorist financing risk assessment. A national risk assessment is a sector-specific study which aims to identify, assess, and raise awareness of the risks, threats, and vulnerabilities which may be associated with money laundering and terrorist financing both at national and sectoral levels. Read moreThe risk assessment highlights the most common ways in which illegal income may be laundered or terrorist acts could be financed within Estonia. It also serves to analyse situations which require improvement (including at the legislative level), and deduce where more resources may be required in terms of providing risk prevention for the private sector entrepreneur, as well as covering situations in which the allocation of additional resources is not justified. The results of the national risk assessment make it possible for the country to divide sectors into risk classes, while assigning simplified measures to sectors in which the risk of money laundering and terrorism is assessed to be lower, and paying more attention to areas in which the risk is assessed as being higher. The preparation of the Estonian national money laundering and terrorist financing risk assessment is coordinated by the Ministry of Finance and will be completed by the end of 2020.

TRINITI represented a foreign citizen client in obtaining a marriage permit for use within Estonia. In order to marry in Estonia, a person whose place of residence is in another country or who has resided in Estonia for less than six months immediately prior to submitting an application for marriage must submit a certificate confirming their legal capacity to contract a marriage, providing it to the Vital Statistics Department. In exceptional cases it is possible to apply for permission to marry through the courts if for a good reason a person is unable to present a certificate to confirm their legal capacity to contract a marriage. In this case, the client had several obstacles in terms of obtaining a certificate to confirm their legal capacity to contract a marriage from the country of which they were a citizen, including the fact that within the respective country there were restrictions in place in terms of people of different faiths being married. TRINITI assisted the client in applying for a marriage permit through the courts, and the courts issued the permit in just a week! The client was represented by TRINITI’s Ramil Pärt, who specialises in providing sworn statements, and his equally well-qualified assistant, Anni Prants.

TRINITI advised and assisted real estate developer in erecting of commercial center and giving it to lease in Tallinn resulting in additional option for local community to do shopping close to home.

We advised an investment company which was founded by using Estonian capital as a basis in terms of financing a refurbishment project which was focussed on an apartment building in an environmentally-valuable area of Tallinn and in a transaction to purchase apartment ownerships which may emerge in the future in the case of an existing property being divided.

TRINITI carried out a multi-disciplinary study on the future Rail Baltic joint venture, commissioned by the Estonian Technical Surveillance Authority on behalf of the Estonian, Latvian and Lithuanian Inter-Governmental Rail Baltic Task-Force. The purpose of the TRINITI Rail Baltic Joint Venture Study, completed in 2013, was to analyse the variables related to the legal status, management structure, shareholder agreements and financing issues (incl. tax) for the largest joint venture between the three Baltic states in their history

TRINITI provided legal advice to a German investment fund – Estnische Hafen City group of companies – in its successful acquisition of two commercial properties in the Tallinn Old-Town harbour area – Merekeskus and Lootsi Kaubakeskus. Read moreThe transaction included various complex legal issues making the acquisition legally complicated and challenging

TRINITI advised Estonian real estate developer Avarante through the planning process for a supermarket construction and assisted in negotiations to secure a rental agreement with one of the largest retailers in Estonia. The new supermarket with approx. 1600 m² is operating successfully

The TRINITI private equity team successfully advised a German investment fund, Estnische Hafen City group of companies, in its acquisition of two commercial properties in the Tallinn Old-Town harbour area – Merekeskus and Lootsi Kaubakeskus

TRINITI has advised several food supplement whole- and retail sellers in entering the Estonian market, including the necessary registrations with the Estonian food supervisory authorities. TRINITI has also represented such clients in relations with the Estonian Medicines’ Agency, as food supplements may often fall under the inspection of the latter

TRINITI advised the Estonian government in the acquisition of 90% of the shares in the national air carrier, Estonian Air. The Estonian Republic and Scandinavian Airline Systems (SAS) recapitalized the company with ~20 M EUR. Our lawyers carried out the legal due diligence review of the airline, assisted in the share capital increase and advised in the negotiation of the new shareholders’ agreement