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Nove Partner Appointed Head of Working Group for Estonian Corporate Law Modernization

Nove Partner Appointed Head of Working Group for Estonian Corporate Law Modernization

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Estonian disputes boutique Nove has announced that the Estonian Ministry of Justice appointed Nove Partner Urmas Volens as head of the expert group for revising the country’s corporate law. 

According to Nove, "the aim of the public procurement was to find a group of high level legal experts whose task is to conduct a comparative study on the corporate law and to elaborate a draft law for modernization of the whole field of corporate law."

In addition to Volens, the working group includes Nove Attorney Arsi Pavelts, Supreme Court Judge Villu Kove, University of Tartu Associate Professors Martin Kaerdi, Kalev Saare, and Andres Vutt, University of Tartu Lecturer Margit Vutt, and Attorney Sander Karson.  

Volens commented on the extensive nature of the project, saying, "according to the assignment given to the working group the revision will be the most thorough analysis of the corporate law since the Commercial Code entered into force in 1995. The status of a legal expert in the working group is a significant recognition to the work of all the team members. The academic results and practical experience of the experts in the working group, as well as the long-term experience of co-operation on different projects, allows me to be convinced that the revision will be successful."  

The corporate law revision will be co-financed by the European Social Fund and the Estonian Ministry of Finance.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

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