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Bankruptcy proceedings: what you need to know

Bankruptcy is a legal process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts. In Estonia, bankruptcy proceedings are governed by the Bankruptcy Act, which provides a framework for fair debt settlement between debtors and creditors. The primary goal of bankruptcy proceedings is to liquidate the debtor's assets and distribute the proceeds among creditors in a fair and orderly manner. It also aims to provide a fresh start for the debtor by relieving them of insurmountable debts, while ensuring that creditors

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The ins and outs of commercial litigation

Commercial litigation encompasses a broad range of disputes that arise in a business context. It involves legal controversies related to business transactions a
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Commercial litigation encompasses a broad range of disputes that arise in a business context. It involves legal controversies related to business transactions and encompasses the various types of legal proceedings that can occur in a business setting. This includes disputes over contracts, partnerships, intellectual property, and more. Businesses may encounter various disputes, such as breach of contract, shareholder issues, intellectual property infringement, employment disputes, and antitrust litigation. Each type of dispute carries its own set of complexities and legal considerations. The

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