Leonid Tolstov, PhD
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Country
Estonia
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Languages
Estonian, Russian, English, German
Dr. Leonid Tolstov is an accomplished litigator and corporate advisor, representing clients in disputes related to shareholder relations, management liability, and corporate transactions.
He has successfully argued landmark cases at all court levels, including the Supreme Court, and is known for helping resolve complex conflicts through negotiation. A dedicated academic, he lectures on non-contractual obligations at the University of Tartu and has published widely in both local and international journals. His doctoral thesis explored the liability of directors towards company creditors. Leonid also serves on the Supervisory Board of Estiko, a major Estonian real estate developer.
Beyond the desk, Leonid is active in the Rotary Club and contributes regularly to community initiatives.
Testimonial
CV
Partner, law firm TEGOS (formerly TGS Baltic)
Partner, law firm Varul
Senior Associate, law firm Varul
Associate, law firm Varul
International Bar Association (IBA)
Commercial Law Commission of the Estonian Bar Association
Estonian Bar Association
University of Tartu, Faculty of Law, PhD
University of Tartu, Faculty of Law, BA
Deals & cases
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20.03.2025TEGOS Advised AS ESTIKO on the Sale of 49% of Estiko Energia to UBRE Solar Ky
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27.11.2024TEGOS advised Estiko-Plastar on the acquisition of packaging manufacturer Sefko’s plant
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16.07.2021We advised Nõo Lihatööstus on repurchase of 29% holding
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09.04.2020TEGOS advised a producer of precast concrete products AS Framm on the acquisition of AS Lasbet Tootmine, an undertaking operating in the same field
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20.01.2020TEGOS advised client in acquiring headquarter of Danske Bank
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14.05.2019Advising TBD-Biodiscovery on involving a Dutch investor from SEAL Investments B.V.
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04.12.2015 | EstoniaAdvising MC Kasiinod on the sale of four casinos to Olympic Casino Eesti
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News
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14.11.2025 | Estonia, Latvia, LithuaniaTEGOS Achieves Outstanding Results in IFLR1000 Central & Eastern Europe Rankings
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01.08.2025 | Estonia, LithuaniaTEGOS Shortlisted for Legal500 CEE Awards 2025
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29.10.2024 | EstoniaIFLR1000 Recognises TGS Baltic as Tier 1 in Lithuania and Acknowledges 26 Experts in the Baltics
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