We advised the client on the structuring of family assets and the redistribution of shareholdings with the aim of ensuring a gradual transfer of management to the next generation. The asset portfolio comprised extensive real estate holdings and equity interests in both holding companies and active operating companies.
As part of the engagement, we mapped the existing asset and shareholding structure and developed a comprehensive step-plan to achieve the client’s objectives. In designing the solution, we took into account both the protection of business interests and intra-family agreements and values. The project encompassed the synchronization and necessary amendments of shareholders agreements and articles of association, the planning of testamentary dispositions, and the consideration of matrimonial property arrangements.
The central objective of the structure was to strike a balance whereby the senior generation retains decision-making authority and control, while the younger generation is engaged in the shareholdings and management in a motivated and secure manner.
The team included Partner Annika Peetsalu, Managing Associates Tõnu Kolts and Kadri Michelson and Specialist Counsel Heleri Tammiste.
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