Kedli Anvelt

Senior Associate

Tallinn, Estonia

+372 626 4300, +372 5346 0775

Estonian, English, Russian

According to Legal 500 Kedli Anvelt is a "Next generation lawyer" in dispute resolution and has a "remarkable eye for detail". She has been active in many of the firm's major disputes, and her "remarkable" knowledge of bankruptcy law makes her a name to note.


Representing TS Laevad and TS Shipping against Saaremaa Shipping Company and Väinamere Liinid in a 24 MEUR claim.

Representing the bankruptcy trustee of Werol Tehased (bankrupt) against Pere (bankrupt) and Werol’s former board of directors in recovering EUR 4.36 million that the board of directors groundlessly transferred to the parent company of Pere.

Advising and representing major creditors of the GILD Arbitrage hedge fund, in the first ever bankruptcy proceeding of a fund manager, GA Fund Management (bankrupt), which created a judicial precedent and led to the review and amendment of provisions concerning the liquidation of hedge funds in the Investment Funds Act.

Representing high-net worth individual and railway magnate Marcel Vichmann via its entity Best Idea against foodstuffs businessman Oliver Kruuda and his company Rubla in a dispute over EUR 15 million.

Representing SOE Port of Tallinn and its subsidiary TS Laevad against its former directors – Ain Kaljurand and Allan Kiil – who were detained in 2015, in one on the most high-profile criminal cases in recent years. The former directors are charged with large-scale corruption and money laundering. The firm represents clients concerning the clients’ civil claim against its former directors. The civil claim will be decided within criminal proceedings.

Representing Swedbank as a third party in the Alberta Trade vs. Buruktal Nickel Plant insolvency disputes and related commercial dispute in the Court of St Petersburg and Leningrad Oblast (Russia). The case concerned the question of ownership of precious metals with a value of 19.5 million dollars. Swedbank won in all court instances.

Representing Eesti Maapank in claims against the former Board of Directors regarding disadvantageous securities transactions in Bank SNORAS (a Lithuanian private bank). The claims amount to EUR 3.5 million.

Representing Citadele Leasing, a company belonging to a large financial group in the Baltic States, in complex leasing contracts and litigation regarding the recovery of assets.

Advising the leading independent main financial services provider in the Baltics, Luminor (DNB Bank Estonian branch), in MRP Ärigrupp’s bankruptcy proceedings and disputes.

Successfully representing a former business and state figure, a former minister and a former member of the Parliament, Mart Opmann, in a criminal case involving abuse of trust and causing the insolvency of a private company.

Advising and representing Swedbank in the bankruptcy proceedings of Alta Foods and in related litigation.


2017 INSOL Europe
2012 Estonian Bar Association


Since 2017 Senior Associate, law firm TGS Baltic (formerly VARUL)
20142017 Senior Associate, law firm VARUL
20122014 Associate, law firm VARUL
20112012 Lawyer, law firm VARUL
2010 Intern, law firm Lentsius & Talts
2010 Intern, Southern District Prosecutor’s Office
2009–2010 Counsel, University of Tartu Student’s Law Office
2009 Intern, law firm Lentsius & Talts
2008 Intern, law firm Lentsius & Talts
2008 Intern, Tallinn Administrative Court
2007 Intern, Tallinn Administrative Court


2011 University of Tartu, Faculty of Law, MA (cum laude)
2009 University of Tartu, Faculty of Law, BA