Raino Paron heads the team at Ellex and is highlighted by one client for having ‘a great understanding of the market and deep legal knowledge about complex issues while having a business-oriented mindset’. Gerli Kivisoo, Ermo Kosk and Marko Kairjak are also key practitioners in the department. As a corporate law expert, Kivisoo is a standout contact for M&A-related banking and finance matters, and Helen Ratso is singled out for her ability to assist fund managers with day-to-day matters and in transactions. Key clients for the group include Swedbank as well as public clients such as the Republic of Estonia (through the Ministry of Finance). Toomas Kasesalu is a name to note at the associate level.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Deep and thorough understanding of the market, flexible and friendly communication style with personal touch.’

  • ‘Gerli Kivisoo always creates a friendly and open atmosphere, has a great understanding of the market and deep legal knowledge about complex issues while having a business-oriented mindset. Marko Kairjak is approachable and flexible and able to deliver to tight deadlines.’

  • ‘I am very satisfied with the Ellex office. I have gained a great legal partner. I am especially happy that, as a long-term customer, my business area is known to them. They advise professionally and quickly and always take into account the specifics of my business area. They know the background and history and that makes every new task easier.'

  • ‘Gerli Kivisoo is so easy to communicate with, super helpful and always goes above and beyond for us.'

  • ‘Ermo Kosk knows his stuff.'

Key clients

  • AS Inbank
  • Eesti Energia
  • Ministry of Finance
  • LHV Pank AS
  • Swedbank AS
  • Danske Bank A/S
  • SEB Pank AS
  • AS Bigbank
  • Luminor Bank AS
  • Republic of Estonia (through Ministry of Finance)
  • Jobbatical OÜ
  • Neoinvesteeringud OÜ

Work highlights

  • Advised the Ministry of Finance on carrying out an issue of 10-year bonds of the Republic of Estonia in the total amount of €1bn.
  • Advised Bigbank on the creation of its subordinated bond programme and on the first issue of a €20m issuance of AT1 subordinated bonds.
  • Advised Eesti Energia on a €600m syndicated loan agreement for the refinancing of its bonds due 2023 listed on the Loan Stock Exchange.

Lawyers

Hall of Fame
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Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Raino Paron

Other key lawyers

Gerli Kivisoo, Ermo Kosk, Marko Kairjak, Toomas Kasesalu