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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Finland > Legal Developments > Corporate & Commercial > Law firm and leading lawyer rankings


Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or


Court ruling on the Finnish CFC legislation

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.

Legal Alert - Finnish company's tax losses could be offset against Swedish parent's income

In Sweden new rules on cross-border group consolidation allow Swedish parent companies to deduct a loss from a foreign subsidiary under certain strict conditions. The new rules are coming into force on July 1st 2010.

Legal Alert - On product liability in Germany

Based on the provisions on product liability, the manufacturer (or the importer) is liable for any harmful properties of a product towards consumers and any parties related thereto. Personal and material damages are considered as recoverable damages.

Supreme Administrative Court ruling concerning private equity activities and liquidation loss

On 26 February 2010, the Finnish Supreme Administrative Court issued and published an advance ruling (KHO:2010:12) concerning interpretation of private equity activities of a holding company and the right of the holding company in question to deduct possible liquidation losses incurred in connection with a liquidation of operative subsidiary companies.

Public Procurement 2010

A practical insight to cross-border Public Procurement

Legal Alert - A new upturn follows the economic downswing - a view on employee incentive programs

Now is the time to start preparing for the next economic upturn and to secure better profitability of the company in the next prospective recession. Now it is the most favourable time for the employer to ensure that it may introduce in time an incentive programme that will better take into account the downswings and improvement of profitability, but at the same time, enabling a competitive process of hiring new employees when the new upturn begins.

New Issue of Customer Magazine iDEAL

Borenius Group published new issue of its customer magazine iDEAL.


Worth is created not by the things you can see, but by the things you cannot - Linnar Viik, Internet guru and associate professor at the Estonian IT College, comments on IP rights.


The European Council and the Parliament have adopted a legislative package that includes the entry into force of EC Regulation 883/2004, which modifies the rules governing social security coverage in international mobility situations in Europe. The new rules are expected to enter into force in the first half of 2010.


The Government has introduced a bill to double the maximum amount of the depreciation allowances concerning the acquisition costs for fiscal years 2009 and 2010 arising from the introduction of new buildings, devices and equipment on production activities in 2009 and 2010.

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