` Jaanus Mody | COBALT

Jaanus Mody

Managing Partner / Estonia


Managing Partner Jaanus Mody heads the Dispute Resolution and Insolvency practice areas at COBALT Estonia.

With his long-term experience, Jaanus contributes to resolving complex business disputes, helping to develop a strategy and offering clients forward-looking and out-of-dispute comprehensive solutions. His practice has often been the basis for the development of legislation and has helped to set many precedents for the interpretation of laws.

Jaanus is one of the most recognized insolvency experts in Estonia. He has successfully advised companies on the entire reorganization process and accompanying strategic changes. Jaanus has extensive experience in representing creditors in resolving complex problems related to companies in difficulty. Thus, for example, Jaanus represented Nordea and DNB banks in the reorganization proceedings of the dairy company TERE, during which the banks sold their claims to TERE’s competitor Maag Grupp. In addition to advising on insolvency matters, the case involved advising on complex civil, administrative and criminal proceedings in parallel.


  • Chambers & Partners Global Guide, Dispute Resolution, Band 1 – 2023 / 2024
  • The Legal 500, Dispute Resolution, Hall of Fame – 2020 / 2021 / 2022 / 2023 / 2024
  • Chambers & Partners, Dispute Resolution, Ranked Lawyer – 2019 / 2021 / 2022
  • The Legal 500, Dispute Resolution, Leading Individual – 2019


  • Estonian, English, Russian

Membership & education

  • Member of the Estonian Bar Association (1995)
  • Master of Arts in Law (M.A.), University of Tartu, Faculty of Law, Estonia (1994)

    AS Terminal defends its rights in the liquid fuel market regarding violations committed by Olerex

    COBALT successfully defends Swedbank in an alleged money laundering criminal case

    AS Baltika’s reorganization proceedings, advised by COBALT, came to a successful termination

    COBALT successfully advised Astro Vara in the case of allegedly caused damage in relation to suspension of business activities with the value of one million euros

    In less than 5 months, Baltika announced the entry into force of a court ruling regarding the approval of the reorganization plan advised by COBALT

    Court approved Baltika’s reorganisation plan

    COBALT advises AS Tallinna Moekombinaat in reorganization proceedings

    COBALT represented a client in a complex insurance dispute and achieved one of the biggest business interruption compensations in Estonia so far

    COBALT advised European Diversified Infrastructure Fund II on investment in Utilitas, leading private Estonian energy group

    COBALT successfully represented Poohtech before the Supreme Court in a dispute concerning approval of annual reports

    COBALT represented Port of Tallinn in a dispute with Vesta Terminal

    COBALT advises Nordea and DNB banks on issues concerning insolvent dairy producer Tere

    COBALT represented AS Technobalt Holding and Tarmo Männasalu in the criminal case against the former managers of AS E-Profiil Toomas Jõgi and Martin Mehilane

    COBALT represents a syndicate of banks in a dispute over Tere AS restructuring proceedings

    COBALT represented and worked out a unique restructuring of Nordnet

    COBALT advised Baltic Agro on the acquisition of the bankrupt Werol Tehased

    COBALT advised Trigon Dairy Farming, the largest dairy group in Estonia

    2021 — 06 — 01

    COBALT represents Olympic Entertainment Group in litigation against the claim for fair compensation for takeover of minority shareholder´s shares

    2020 — 06 — 07

    COBALT advises Finnish private equity fund KJK Sports in shareholder disputes concerning Tahe Outdoors

    2020 — 06 — 07

    COBALT advises Nordic Aviation Group on business transfer claim filed by former Estonian Air employees

    2019 — 12 — 01

    COBALT represents Via3L Spedition in 7 € million civil and criminal disputes with former executives and employees

    2019 — 07 — 01

    COBALT represents Eesti Pagar in a criminal case

    2017 — 12 — 01

    COBALT represents the Von Krahl theater in a misdemeanour for causing noise

    2017 — 10 — 10

    COBALT advises Technobalt Holding in E-Profile reorganization proceedings and E-Profile shareholder disputes

    We are driven by your recognition

    "He is super hard-working and leaves no stone unturned." Another describes him as "resourceful and efficient," adding: "You want him on your side."
    Chambers Europe 2021, Dispute Resolution