We successfully represented Finnish subsidiary of Canadian stock exchange company in the Arbitration Court of Estonian Chamber of Commerce and Industry

24.08.2020 We successfully represented Finnish subsidiary of Canadian stock exchange company in the Arbitration Court of Estonian Chamber of Commerce and Industry

Arbitration Court of Estonian Chamber of Commerce and Industry dismisses all claims against Finnish subsidiary of Canadian stock exchange company represented by TGS Baltic.

Attorney-at-Law Chirag Mody and Attorney Silvia Urgas have successfully represented a Finnish subsidiary of a Canadian stock exchange company (TSX Exchange) in the Arbitration Court of the Estonian Chamber of Commerce and Industry. On 18 August 2020, all claims against the company were dismissed.

The dispute concerned complex matters involved in exercising call option rights and in the issuing of shares and conversion of physical shares to electronic format in Canada, as well as calculations of alleged lost profit. The matter involved multiple parties in Estonia, Finland and Canada and the legal systems of both Estonia and Canada.