Commentators observe that Luiga Mody Hääl Borenius continues to grow and its presence on deals is becoming more and more noticeable. The firm possesses a decent stable of lawyers and has promoted three associates to partner level in the past year....
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Commentators observe that Luiga Mody Hääl Borenius continues to grow and its presence on deals is becoming more and more noticeable. The firm possesses a decent stable of lawyers and has promoted three associates to partner level in the past year.
However, it is the more established partners that make the firm a force. Former managing partner Sten Luiga is noted as a wise head, while Priit Pahapill comes highly recommended for banking and finance matters. "Peeter Kutman is my favourite lawyer to have on the other side," says one peer. "He is really skilled and is great with clients."
The firm counts private equity house Baltcap as a regular client. One deal saw the firm advise on Baltcap's purchase of Quattromed HTI Laborid. The firm also advised Baltcap on a pending agreement to purchase Ekspress Hotline from the Ekspress group.
Elsewhere, the firm counselled the European Bank for Reconstruction and Development (EBRD), a shareholder in Estonian Cell, on Estonian Cell's restructuring of the shareholder process.
In an M&A deal the firm worked on the other side of the EBRD, advising Freenergy on the bank's purchase of a 35% shareholding in the company for €18.9 million. The firm also advised Essilor International on the acquisition of shares in an Estonian optic company, Optika Hulgikaubanduse.
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