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An Alternative to the Settlement of Civil Disputes in Court

29.12.2009

On 18 November 2009, the Riigikogu adopted a Mediation Act governing mediation in civil matters and creating an alternative to the settlement of civil disputes in court.

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Tark & Co Receives Top Tier Ranking in IFLR 1000

05.11.2009

Tark & Co is ranked in the top tier in the recently published online edition of the IFLR 1000.

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Tark & Co Supported the Tournament of Saaremaa Golf Lovers

23.10.2009

Another golf tournament in the series of golf events organised annually with the support of Tark & Co was held on 17 and 18 October in Saaremaa Golf Club. Regardless of the rainy weather, more than sixty golf lovers took part in the event.

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Tark & Co Partners Attended IBA Annual Conference

09.10.2009

Tark & Co’s partners Hannes Vallikivi and Risto Vahimets participated in the Annual Conference of the International Bar Association (IBA) held in Madrid, Spain, from 4 to 9 October 2009.

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Mr Risto Vahimets Attended the Annual General Meeting of AEL in Berlin

06.10.2009

The Annual General Meeting of the Association of European Lawyers (AEL) was held in Berlin from 17 to 19 September this year. From Tark & Co, Attorney at Law and Partner Mr Risto Vahimets attended the event. This year’s general meeting was organised by the international law firm Nörr Stiefenhofer Lutz headquartered in Berlin.

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Andreas Veeret published an article in Juridica

28.09.2009

On 21 September 2009, Andreas Veeret published an article in Juridica regarding “Jurisdiction of Courts of Member States of the European Union to Assess the Validity of International Agreements Conferring Jurisdiction. The Context of Article 23 of the Brussels I Regulation”.

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The Law of Public Procurement Amended in Lithuania

25.09.2009

On September 1, 2009, amendments to the Lithuanian Law of Public Procurement took effect by which, inter alia, the procedure for publication of notices regarding procurements as well as requirements applicable to the supplier’s declaration were changed.

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Amendments to Labour Code Adopted in Lithuania

23.09.2009

Just as the new Employment Contracts Act was adopted in Estonia, several amendments to the Lithuanian Labour Code were adopted on 22 July 2009, entering into force on 1 August 2009.

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Business Law Training Course for Police Officers Conducted by Tark & Co

21.09.2009

Piret Jesse, Senior Associate with Tark & Co, conducted a training course on business law for economic police officers at the premises of the Estonian Police Board on 18 September 2009.

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Aare Tark Interviewed by Saldo Magazine

18.09.2009

The 2009 September issue of the Saldo magazine publishes an interview with Mr Aare Tark in its Investor section.

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Employment Law Handbook to be published in October

10.09.2009

A team of lawyers practicing at Tark & Co have compiled a handbook on employment law, which will be published by Äripäeva Kirjastus. The handbook is aimed at lawyers, personnel managers and other specialists engaged in the management of employment relationships.

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Seminar on legal protection process

03.09.2009

24 September 2009, Riga

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Ivars Grunte and Gundars Cers will attend IBA Annual Conference 2009

01.09.2009

4 - 9 October 2009, Madrid, Spain

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Agnese Hartpenga attended AIJA 2009 Congress

31.08.2009

25-29 August, 2009, Budapest, Hungary

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Gundars Cers will attend ILN 2009 European Regional Meeting

30.08.2009

September 24 - 27, 2009, Athens, Greece

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3rd TLS Alliance Summer Event

04.08.2009

31 July - 2 August 2009, Saaremaa, Estonia

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Rules on Acquisitions of Qualifying Holdings Clearer Now

22.06.2009

On 10 June, the Riigikogu adopted amendments to the Estonian Investment Funds Act, Insurance Activities Act, Credit Institutions Act, Central Register of Securities Act, and Securities Market Act, transposing Directive 2007/44/EC (the “Qualifying Holdings Directive”) into Estonian law.

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Tark & Co Ranked Highly in Chambers Europe 2009

21.06.2009

The recently published Chambers Europe 2009 gives high rankings to Tark & Co and recommends a number of Tark's lawyers as the best in the legal market.

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Dispute Resolution Handbook by Tark & Co to be Published in June

20.06.2009

The handbook describes different ways of resolving civil and administrative disputes, focusing on alternative dispute resolution. Settlement procedure is touched upon and an overview is given of various negotiation tactics, for the authors think that skilful negotiating lays a foundation for reaching a favourable agreement.

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Student camp 2009

20.06.2009

11-13 June, 2009, Helsinki, Finland

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Corporate Governance Reporting Requirement Now Written Into Law

22.05.2009

Submission of an issuer’s corporate governance report is now required by law. Listed issuers of shares and parent companies consolidating their accounts are now required to provide information on compliance with corporate governance recommendations in their annual reports. This requirement applies to reporting periods starting from 1 July 2009 or later. There will be no major changes for companies that have submitted reports on compliance with the Corporate Governance Recommendations adopted by the Tallinn Stock Exchange.

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Aare Tark Highly Recommended by Best Lawyers

21.05.2009

Tark & Co’s managing partner Aare Tark has been selected by his peers to be included in Best Lawyers/Estonia as highly recommended.

Best Lawyers is the oldest and most respected peer-review publication in the legal profession in the United States. Best Lawyers compiles lists of outstanding attorneys by conducting exhaustive peer-review surveys in which thousands of leading lawyers confidentially evaluate their professional peers. Best Lawyers is independent and with a very good reputation among clients and competitors in the legal market.

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Tark & Co Top-ranked in Chambers Global and Legal500

20.05.2009

Tark & Co has received top rankings in Chambers Global and Legal500 in almost all areas of practice.

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Anti-Usury Law Enacted

21.04.2009

Several amendments to law enter into force on 1 May 2009, aiming to regulate issues concerning microloans and to extend the definition of transactions contrary to good morals. The amendments significantly affect interest rates charged on such loans.

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M&A Newsletter

21.04.2009

TLS Alliance published an M&A newsletter containing M&A news from Estonia, Latvia, Lithuania and Belarus.
The newsletter includes expert comments, legislative news and practice highlights.

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The conflict-of-law rules regarding the law applicable to non-contractual obligations are now unified in the European Union

20.04.2009

The European Parliament and the Council of the European Union have adopted the Regulation No 864/2007 (Rome II) that determines the law applicable to non-contractual obligations.

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Investment Conference in Minsk

19.04.2009

An international conference on privatization and market liberalization was held in Belarus on 17 April. The Conference addressed Belarus’ track record of denationalization and transformation of state-run enterprises into joint-stock companies, as well as the outlook for privatization and improvements in the business environment in Belarus.

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Hannes Vallikivi, Margo Lemetti and Olger Marjak were speakers of seminar

18.04.2009

On 31 March 2009, Tark & Co’s partners, Margo Lemetti and Hannes Vallikivi, and attorney-at-law, Olger Marjak, appeared as speakers at a law seminar held at Tartu Science Park. They spoke on topical issues of business, labour and IP law, including involvement of investors, management liability, new Employment Contracts Act, legal protection of databases, protection of personal data, etc.

Tartu Science Park is the oldest organisation uniting high-tech companies in Estonia. Currently there are about 60 companies in the science park, engaged in the research, development and production of various high-tech solutions from computer software and apparatus building to bio- and nanotechnology.

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TLS Alliance organises Investment Conference in Minsk

01.03.2009

Tark & Co invites you to the Belarusian Investment Conference 2009 "Privatisation and Market Liberalisation in Belarus"

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Client identification rules changed for investment service providers in Lithuania

20.01.2009

On 26 October 2008, a new resolution took effect to extend the circle of investment service providers subjected to the client identification rules.

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The Estonian Financial Supervision Authority published a document on questions about publicly traded companies

20.01.2009

The Estonian FSA has prepared explanatory answers to questions submitted by market participants regarding the regulation of activities of an issuer of securities traded on a regulated market.

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The Supreme Court clarified practical consumer credit issues

20.01.2009

In its recent ruling, the Supreme Court provided clarification on the regulation of consumer credit agreements. The Court gave an analysis of § 416(3) of the Law of Obligations Act, according to which cancellation of the agreement by the creditor will result in reduction of the unpaid gross amount of credit by the interest and the costs calculated for the consumer for the period when the credit is not used. The Court held that the aforementioned provision regulates the prohibition to request payment of interest for the period when credit was not used, and does not regulate the consequences of a delay in credit repayment.

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