RoschierRaidla News


July-August 2009 Estonia, Latvia, Lithuania, Finland, Sweden
RoschierRaidla: an integrated cross-border operation of approximately 270 lawyers in five jurisdictions, including Roschier in Finland and Sweden and Raidla Lejins & Norcous in Estonia, Latvia and Lithuania. Offers you: solutions based on premier legal expertise in each jurisdiction; uniform quality and best practices of international standard.


ESTONIA Employment Contracts Act On 10 June 2009, the Estonian Parliament (Riigikogu) passed the Employment Contracts Act and Associated Acts Amendment Act. This act amends the new Employment Contracts Act... read on >> Other Recent Legislative Developments Renewed Regulation for Mergers of Financial Institutions New Ports Act Adopted Structural Assistance Act Amended Advertising Act Specified Natural Gas Act and District Heating Act Amended Electronic Communications Act Specified State Assets Act Amended Hunting Act Supplemented... read on >>	Raidla Lejins & Norcous, Estonia, founded in 1993, with some 35 lawyers is one of the leading law firms in Estonia. The firm has a strong focus on international and transactional work and its clients include large and medium size Estonian and foreign companies, banks and investment banks, foreign and domestic governmental institutions and agencies. For more information please contact Raino Paron, raino.paron@rln.ee.

LATVIA Law on Public Procurement Amended On 16 July 2009, the Latvian Parliament (Saeima) passed a large number of amendments to the Law on Public Procurement, extending the scope of the exemptions when the law is not applicable... read on >> Public Private Partnership Law Finally Passed On 18 June 2009, the Saeima passed the Public Private Partnership Law. The Law entered in force on 10 July 2009. The Public Private Partnership Law will apply to various projects carried out jointly... read on >>	Raidla Lejins & Norcous, Latvia, one of the leading law firms in Latvia with some 30 lawyers, was founded in 1994. The firm combines two qualities: utmost expertise of local law and quality service in conformity with international standards. The firm’s clients include multinational corporations, governmental agencies, local companies as well as local, foreign and international banks and investment institutions. For more information please contact Dace Silava-Tomsone, dace.silava-tomsone@rln.lv.

LITHUANIA Draft Law on Real Estate Brokers... read on >> Draft Law on Postponement of Tax Payment Terms for Limited Liability Companies... read on >> Recent Draft Amendments of the Law on Public Procurement Aims to Bring More Transparency into Public Procurement Procedure... read on >> The Minister of Economy Approved First Code of Conduct for Bankruptcy Administrators... read on >> An Initiative to Simplify the Current Tax Dispute Settlement Procedure... read on >> Recent Draft Law on Electricity – Big Step Towards Greater Liberalization of the Electricity Market ... read on >> Belarus: New Incentives for Investors... read on >>	Established in 2001, Raidla Lejins & Norcous, Lithuania, has rapidly grown into one of the largest full-service law firms in Lithuania. The firm with 44 lawyers has a strong international outlook and provides legal services to foreign legal entities, including multinational enterprises, international banks and financial institutions. For more information please contact Irmantas Norkus, irmantas.norkus@rln.lt.

FINLAND Implementation of the Shareholders’ Rights Directive in Finland Directive 2007/36/EC of the European Parliament and of the Council on the exercise of certain rights of shareholders in listed companies was implemented in Finland on 3 August 2009 through amendments to the Finnish Companies Act, Securities Market Act and... read on >> SWEDEN IPRED – New Measures for IPR Enforcement in Sweden The widely debated Intellectual Property Rights Enforcement Directive (“IPRED”) 2004/48/EC finally came into full effect in Sweden on 1 April 2009, three years later than the prescribed implementation date. The overarching goal of the directive has been to ensure... read on >>	Roschier, founded in 1936, with approximately 160 lawyers is a leading law firm in Northern Europe operating in the international marketplace. The firm’s clients include leading domestic and international corporations, financial service and insurance institutions, investors, growth and other private companies with international operations, governments and municipalities. For more information please contact Dimitrios Himonas dimitrios.himonas@roschier.com in Finland or Axel Calissendorff axel.calissendorff@roschier.com in Sweden.




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This Newsletter is a periodic publication of RoschierRaidla and should not be construed as legal advice or legal opinion on any specific facts or circumstances. We have used reasonable efforts in collecting, preparing and providing the information in this newsletter, but we do not warrant or guarantee the accuracy, completeness, adequacy or currency of the information contained herein. The contents are for general informational purposes only, and you are urged to consult a lawyer concerning your situation and any specific legal questions you might have.