Insolvency and Reorganisation

RASK is a valued and sought-after legal advisor in complex bankruptcy proceedings and an experienced representative in work-intensive insolvency litigation.

Field information

RASK is diversely experienced in insolvency and bankruptcy cases, consulting trustees, creditors and debtors.

To name a few, our references include representing the trustee in the bankruptcy proceedings of Scantrans (bankrupt oil terminal operator) in more than ten court cases, including a 7-million-euro damages claim filed against a member of the management board; representing the trustee in bankruptcy for Levadia Metall (one of the largest metal sales and processing companies in Estonia) in a 40-million-euro claim recognition dispute against Reverta (Parex Bank); and successfully representing Transcom Grupp against a bankruptcy petition by Unicredit Bank AG.

Head of Practice



Head of Practice – Tarmo Peterson.

As an acknowledged expert on insolvency, Tarmo works daily with leading Estonian trustees, who rely on his competence in resolving complex bankruptcy related disputes. Tarmo is a member of the Estonian Chamber of Bailiffs and Trustees in Bankruptcy and of INSOL Europe, which brings together insolvency experts across Europe.

His competence has been recognised by the renowned international legal market review Legal 500. Clients highlight Tarmo’s dedication, focus, and quick and constructive analytical skills in tense situations.