Legal500

Procopé & Hornborg

KESKUSKATU 8, PO BOX 1077, 00101 HELSINKI, FINLAND

Tel:: Work +358 10 3090 300
Fax:: Fax +358 10 3090 333

Web:: www.procope.fi
Email:

What we say about the firm's legal practice in Finland

Banking and finance

Procopé & Hornborg’s Kalevi Tervanen steers an experienced team handling international and domestic finance matters, such as new financing for NMC Holding Ltd, an operator of private health institutions in Russia. Keith Kessel is ‘very knowledgeable and always available to assist’.

Capital markets

Within Capital markets, tier 4

Procopé & Hornborg’s team head Kari Heliö provides ‘an excellent and timely service’. Clients include domestic and international corporations and financial institutions.

Corporate and M&A

Within Corporate and M&A, tier 4

Procopé & Hornborg is recognised for its energy and automotive sector expertise, where a global car manufacturer is a key client. Ismo Hentula and his team also advise the Foundation for Finnish Inventions.

Dispute resolution

Within Dispute resolution, Procopé & Hornborg is a third tier firm,

Procopé & Hornborg strengthened its practice by recruiting experienced litigator Pekka Inkeroinen from Hannes Snellman Attorneys at Law Ltd. Prominent cases for the group include a landmark case concerning jet engine noise pollution, and a construction dispute at the ECJ. Asta Siponen heads the group, which has ‘good industry knowledge’.

EU and competition

Within EU and competition, Procopé & Hornborg is a second tier firm,

Procopé & Hornborg provides ‘a high level of service’ and has a lengthy track record of prominent mandates. This includes continued representation of worldwide recording industry association, IFPI, in a landmark case before the European Court of First Instance concerning collective licensing of online music rights. Anne Petäjäniemi-Björklund is ‘excellent’, and Lotta Uusitalo has a growing reputation.

Intellectual property

Within Intellectual property, Procopé & Hornborg is a third tier firm,

Lauri Rechardt at Procopé & Hornborg advises on all areas of IP, and has developed niche expertise in media and entertainment law. The team advised the International Federation of Phonographic Industry (IFPI) on copyright and licensing issues. Other clients include two global music companies.

TMT

Within TMT , Procopé & Hornborg is a second tier firm,

Procopé & Hornborg’s new managing partner Tiina Ashorn has ‘good industry knowledge’ and is key to the firm’s technology practice. ‘The lawyers take real ownership of issues’ and advise on a comprehensive range of matters, including providing regulatory advice to software supplier ReSys Systems. Other clients include a major domestic telecoms company and a government body.

Further information on Procopé & Hornborg

Please choose from this list to view details of what we say about Procopé & Hornborg in other jurisdictions.

Finland

Offices in Helsinki

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Legal Developments by:
Procopé & Hornborg

Implications of competition law on information exchange - New book published in Finland

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.

- Procopé & Hornborg

Legal Developments in Finland

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

The European Commission proposes stringent rules for high-frequency traders

The European Commission has recently introduced two important regulatory packages that seek to respond to the challenges posed by rapidly developing trading technologies, particularly so-called high frequency trading. If the new regulations are adopted as drafted, considerable changes are in store for both those entities that engage in high frequency trading and the trading venues providing them access to the market.

- Krogerus
Implications of competition law on information exchange - New book published in Finland

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.

- Procopé & Hornborg
New Waste Act to enter into force on May 1, 2012 in Finland

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.

- Procopé & Hornborg
Construction 2012

Introduction Robert S Peckar Peckar & Abramson, PC 3

- Mäkitalo Rantanen & Co Ltd
Use of Legal Tools in Creating an Open Source Project or Business Model

Written by Martin von Willebrand

- HH Partners, Attorneys-at-Law, Ltd
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.

- Attorneys at law Borenius Ltd
Cross-border merger case to ECJ

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.

- Attorneys at law Borenius Ltd
The European Commission proposes a system of common consolidated corporate tax base

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.

- Attorneys at law Borenius Ltd
Owner's obligations at acceptance inspection clarified by the Helsinki Appellate Court

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.

- Attorneys at law Borenius Ltd
Tax-neutral exchange of shares case to ECJ

The Finnish Supreme Administrative Court (SAC) decided on 31 January 2011 (KHO:2011:10) to ask for a preliminary ruling from the Court of Justice of the European Union (ECJ) concerning the question whether a tax-neutral share exchange can be completed between a company residing in an EU country and a company residing in the European Economic Area (EEA) (such as Norway, Iceland and Liechtenstein).

- Attorneys at law Borenius Ltd