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TGS Baltic Represents Kemotex Finance on Application for Estonian License

TGS Baltic Represents Kemotex Finance on Application for Estonian License


The Estonian office of TGS Baltic — the firm until recently operating as Tark Grunte Sutkiene — has represented Kemotex Finance in its successful application for creditor and mortgage creditor authorization from the country's Financial Supervision Authority.

Pursuant to an act passed by the Estonian Parliament (Riigikogu) on February 18, 2015, creditors and credit intermediaries are subject to supervision by Estonia's Financial Supervision Authority, which issued a creditor and mortgage creditor authorization to Kemotex Finance on April 3, 2017.

On May 8, 2017 the former Tark Grunte Sutkiene announced that it was rebranding as TGS Baltic, following its 2016 merger with Varul in Estonia

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COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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