- What is the Corporate Counsel 100?
- How to nominate in-house counsel
- Top 100: Africa
- Top 100: Asia Pacific
- Top 100: Deutschland
- Top 100: Ireland
- Top 100: Latin America
- Top 100: Middle East
- Top 100: Russia
- Top 100: Switzerland
- Top 100: Turkey
- Top 100: United Kingdom
- Top 100: United Kingdom - Rising Stars
- Top 100: United States
- Top 100: United States - Rising Stars
- How do the awards work?
- The Legal 500 United Kingdom Awards 2014
- The Legal 500 United States Awards 2014 - In-house winners
- The Legal 500 United States Awards 2014 - Law firm winners
- The Legal 500 Latin America Awards (coming soon)
- The Legal 500 Germany Awards (coming soon)
- Frequently asked questions
- Editor's Letter
- Inside GC: Executive Summary
- A dangerous game of bluff
- From client to colleague
- Harvard thinking
- How to be Chief Executive of your own career
- Rules of engagement
- The 5-minute financial analysis
- The third way
- The world's greatest management thinker: Clayton Christensen
- What I wish I'd known: moving in-house
- What's your IP strategy?
- Where are all the lawyer-CEOs?
- Whistleblowers and the in-house lawyer
- Legal market overview
- Banking and finance
- Capital markets
- Corporate and M&A
- Dispute resolution
- EU and competition
- Intellectual property
- Maritime and transport
- Real estate and construction
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cape Verde
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Faroe Islands
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- Netherlands Antilles
- New Zealand
- Papua New Guinea
- Saint Martin
- Sao Tome E Principe
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal market overview
2013 was a good year for the Finnish corporate and M&A market; the pace started to pick up in April and firms are optimistic that the trend will continue, partly on the strength of significant interest from Russian investors and companies. Strict fiscal management has allowed Finland to remain the only country in the eurozone with a Triple A rating, and while the capital markets have been somewhat slow overall, the debt capital markets have been relatively active. The energy sector is booming, and energy and infrastructure assets are very popular with many foreign investors. Another growth area has been the digital games sector, driven by a strong technology and IT sector in general.
Among law firm developments, the merger in September 2013 between Heinonen & Co, Attorneys-at-Law Juridia Ltd and Bützow Attorneys Ltd created a sizeable new firm, Attorneys-at-Law Juridia Bützow Ltd; Benjon Oy joined forces with Roschier in October 2012, forming a brands team within the IP and technology practice; Attorneys-at-law Trust Ltd is a new firm in the market; and Attorneys at law Borenius Ltd opened an office in St Petersburg, Russia, in February 2013, taking on a 15-attorney team from Mannheimer Swartling.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
Search News and Articles
Finland's New Merger Control Rules
Are all members of consortia jointly liable for the entire project or may they allocate liability and responsibility among them?
Lotta Uusitalo, Anne Petäjäniemi-Björklund and Leea Salminen, Attorneys at Law of Procopé & Hornborg, have written a book on the implications of competition law on information exchange.
The EC waste directive (2008/98/EC) will be implemented in Finland by the new Finnish Waste Act, which will enter into force on May 1, 2012.
Introduction Robert S Peckar Peckar & Abramson, PC 3
Written by Martin von Willebrand
The Finnish CFC legislation implies that a Finnish company may be subject to income tax for its share of the profit of a CFC regardless of whether these profits are distributed by the CFC to its shareholders or not. A CFC is defined as a foreign corporation owned and controlled by a Finnish tax resident that pays income tax in its domicile at a rate less than 60% of the Finnish corporate income tax rate.
The Finnish Supreme Administrative Court decided on 7 March 2011 (KHO 2011:21) to request for a preliminary ruling from the Court of Justice of the European Union (ECJ) concerning the question whether a Finnish parent company may deduct the final tax losses of its Swedish subsidiary after a cross-border merger.
The European Commission presented on 16 March 2011 a proposal that calls for a common system for calculating the tax base of business operating in the EU. At the moment, a company active within the whole EU can be forced to comply with up to 27 different national tax systems. The new Common Consolidated Corporate Tax Base (CCCTB) seeks to reduce the administrative burden, compliance costs and legal uncertainties by creating a "one-stop-shop" system where the profits and losses across the EU could be consolidated.
By its decision 18 February 2011 (S09/3055) the Helsinki Appellate Court confirmed that an owner is entitled to rely on the quality assurance of a well-known construction company at an acceptance inspection. The court held that the owner is entitled to demand rectification of construction defects and to claim damages for deficiencies discovered during the guarantee period.
VEGAS LEX, InfraONE take part in meeting of Transport Ministry Taskforce on Extending Moscow Air HubOn November 27, 2014, the Transport Ministry Investment Coordination Council's** Taskforce on Extending the Moscow Air Hub (MAH) Experience to Regional Airports* led by VEGAS LEX Partner Albert Eganyan , chairman of the InfraONE Board of Directors, held its first meeting.
Russian rating of law firms Pravo.Ru-300 recognizes VEGAS LEX as one of Russia's leading law firms, ranking us among top-tier law firms in various categories.
The VEGAS LEX Volga Directorate has organized a roundtable on important theoretical and practical aspects of challenging transactions during bankruptcy proceedings.
VEGAS LEX experts have discussed personal and corporate fraud risk management with business executives
Extended session of the Russian Union of Industrialists and Entrepreneurs' Committee for promotion oVEGAS LEX's managing partner Alexander Sitnikov held an extended final session of the Russian Union of Industrialists and Entrepreneurs' Committee for promotion of competition dedicated to the critical issues of antitrust regulation with participation of representatives of the Federal Anti m onopoly Service of Russia and the Ministry of Economic Development of the Russian Federation
On 31 October 2014, Hella KGaA Hueck & Co., one of the world's leading suppliers of lighting and electronic components for the automotive industry, announced its going public in an innovative and tailored structure. Read more...
ImmobilienScout24 expands its activities in the field of Customer Relation Management systems (CRM) and acquires FLOWFACT AG, headquartered in Cologne. FLOWFACT AG is a leading provider of software in the real estate sector in Germany. The company was founded in 1985 and has more than 120 employees at the location in Cologne. Read more...
Siemens sells its Audiology Solutions business to the Swedish investor EQT and the German entrepreneurial family Strüngmann as co-investor for €2.15bn plus an earn-out component. Due to the very attractive offer made by the two investors, Siemens has decided not to further pursue preparations for the public listing it announced in May. Siemens will invest €200m in preferred shares in the equity capital of the audio solutions business and will thereby be able to participate in the future success of the business. Read more...
Rabo Real Estate Group ("Rabo"), the real estate division of Rabobank with headquarters in the Netherlands, has sold the PalaisQuartier in Frankfurt am Main to funds managed by Deutsche Asset & Wealth Management. ECE is participating in the acquisition with a 10 % stake and will manage the "MyZeil" shopping centre. Read more...
Hengeler Mueller advises Axel Springer SE on repurchase of minority share in online classified businAxel Springer and US growth investor General Atlantic have reached a binding agreement on increasing Axel Springer's share in Axel Springer Digital Classifieds GmbH from 70% to 85% with the option to purchase the remaining 15% share. Axel Springer Digital Classifieds GmbH is a strategic partnership in which Axel Springer SE currently holds a participation of 70% and General Atlantic currently holds a participation of 30%. Read more...