Vienna Convention on consular relations

The format and rules for international relations are, to an important extent, established by two international treaties: the Vienna Convention on Diplomatic Relations of 1961 and the Vienna Convention on Consular Relations of 1963. Where the first of the two primarily deals with relations between states as subjects of international law, the Vienna Convention on Read more

5 reasons why reorganisation fails

The Reorganisation Act has been in force in Estonia for over a decade and companies suffering from economic difficulties have submitted hundreds of reorganisation plans to their creditors based on that law. However, the number of reorganisation plans approved by the creditors or the courts is considerably lower and there are only a few examples Read more

Even a State loan during crisis must be compliant with EU State aid rules

Lately, there has been a lot of fuzz in relation to State provided loans. The temporary State aid framework for COVID-19 related disturbances in the economy, published by the European Commission, provides an initial framework how the State can provide loans with subsidized interest rates in a manner which is compliant with European Union State Read more