Karin Oras

Managing Partner, Attorney-at-Law, Head of Legal Services

Call

+372 507 9241

Write

karin.oras@kpmglaw.ee

LANGUAGE OF COMMUNICATION

Estonian, English

Main practice areas

Mergers and acquisitions (M&A)

Banking, finance and insurance

Raising capital and financing

Notable achievements

Karin is a highly accomplished Managing Partner at KPMG Law Estonia, where she also serves as the Head of Legal Services for KPMG in Estonia. With extensive expertise in mergers and acquisitions, company law, employment law, data protection, intellectual property, and IT law, Karin has established herself as a leader in her fields. She specialises in managing large, multi-disciplinary projects, working closely with KPMG’s tax specialists, advisors, and auditors to ensure the best outcomes for her clients.

Karin is well-respected in the Nordic and Baltic region, where she has built strong cooperative relationships in her areas of expertise. Karin has actively established contacts across the KPMG legal services network, further strengthening her network and expanding her knowledge base.

With a client-centric mindset and exceptional communication skills, Karin is highly appreciated by her clients. She excels in finding innovative solutions to complex business problems and is especially skilled in building cross-specialists teams of legal, tax, consultation, and audit specialists. In recent years, Karin has focused on building KPMG’s teams of experts in the energy sector and start-ups, working towards identifying best talent and inviting them to join KPMG.

Professional experience

In recent years, Karin has led a number of high-profile projects and teams, including:

large-scale intra-group restructuring projects for major international clients (e.g. Tintrade LTD / Baltic Sea Bunkering OÜ, T-Systems Nordic A/S, Leonhard Weiss Estonia OÜ);
advising M&A transactions (e.g. the acquisition of Cheese Kings Estonia by Intercheese Holland BV, the sale of Alandia Engineering Group’s business, advising AS Barrus on the preparation of a transaction in the timber sector, the sale of Versobank AS’ loan portfolio, advising on the shareholders’ agreement of IIZI Group AS, the offering of Levikom Eesti OÜ’s bonds);
pre-transaction legal due diligence projects (e.g. legal due diligence of a large automotive parts supplier and logistics company with entities in Russia and Estonia; legal due diligence of a target company in the automotive industry in Finland and Estonia; limited legal due diligence of a potential target company of Trind Ventures Fund I; legal due diligence of a group of creditors for AB Kreditex AS);
raising capital for start-ups and employee share options (e.g. Balancer Labs OÜ, For Peeps Payments OÜ, Apico OÜ, Börstjänarfolket 2013 AB);
various tax or accounting consulting projects for reputable corporate chains (e.g. SOL Baltics OÜ, Stockmann AS);
advising on intellectual property transactions (e.g. StayCool OÜ (Coolbet), Datomia Research Labs OÜ);
establishment of companies, liquidations, mergers, divisions, capital structuring, reorganisation of companies and issues related to management bodies (e.g. Stora Enso Estonia AS, UPM-Kymmene Oyj, Versobank AS (in liquidation) and other large international companies).

Education

University of Tartu (bachelor’s degree in economics – business administration & marketing)
University of Tartu (master’s degree in law)

Membership

Estonian Bar Association
Estonian Business Angels Network EstBAN
Alumni association of Southwestern Advantage

References

Fairown

We advised Fairown on the launch of their operations on the Estonian market

We advised the client on the interpretation of the requirements set out in the Payment Institutions and E-money Institutions Act (including PSD2) and the Creditors and Credit Intermediaries Act. We also assisted them in drafting the contracts required for their commercial operations.

${ i18n('read_more') }

Everaus Kinnisvara OÜ

We advised Everaus Kinnisvara OÜ on raising private capital

Everaus Kinnisvara OÜ raised capital from 60 Estonian and foreign investors. As a strategic partner, KPMG Law advised them on the preparation of capital raising, drafting of transaction documents and regulation of investor relations.

${ i18n('read_more') }

Greenful Group OÜ

We advised Greenful on targeted capital raising from private investors

We advised Greenful on raising the capital for commencing their business and production through convertible loans.

${ i18n('read_more') }

Leonhard Weiss OÜ

We advised Leonhard Weiss OÜ on matters of employment law

Leonhard Weiss is a construction company specialised in the field of railways, integrated networks, road construction and maintenance. They are one of the leading specialists in technical infrastructure installation in the Baltic states and Scandinavia. The company is also one of the top employers in the construction industry.

${ i18n('read_more') }

Limestone Platform

We advised Limestone Platform on innovative financial regulation issues

We have advised the client on meeting the fund manager requirements, which set a precedent both in Estonia and the European Union (EU). In addition to this, we have been advising the client on various issues related to corporate and financial law.

${ i18n('read_more') }

Modena

We helped Modena launch consumer credit services in the Estonian market

We represented Modena in the application for an operating licence as a creditor at the Financial Supervision Authority and assisted in the launch of a new modern credit limit product.

${ i18n('read_more') }

Ministry of Social Affairs

We advised the Ministry of Social Affairs on the implementation of an innovative medical project

We assessed the impact of the implementation of a personalised medicine project on the privacy of service recipients and advised on data protection regulations.

${ i18n('read_more') }

Versobank AS (in liquidation)

We act as liquidators and representatives in liquidation of Versobank AS (in liquidation)

KPMG and KPMG Law are acting as liquidators of Versobank AS (in liquidation). The attorneys of KPMG Law represented Versobank AS (in liquidation) in a number of disputes that emerged after the withdrawal of their authorisation as a credit institution.

${ i18n('read_more') }

Eesti Post AS

We advised Aktsiaselts Eesti Post on the separation of their fintech business

We assisted Eesti Post in separating their information business and smart invoicing solutions service and transferring the business units to their subsidiary Finbite OÜ.

${ i18n('read_more') }

Combiwood Grupp OÜ

We advised Combiwood on a major restructuring process

We advised companies belonging to Combiwood group on a major restructuring process where the holding company acquired the shareholdings of the group companies.

${ i18n('read_more') }

Minela Säätiö sr (Karto Oy)

We advised Minela Foundation (Karto Oy) in the sale of its shareholdings

In connection with certain other transactions, we advised Minela Säätiö sr’s then current subsidiary Karto Oy in the sale of its shareholdings in its Estonian subsidiaries.

${ i18n('read_more') }

Eesti Metsameister OÜ