Waselius & Wist > Helsinki, Finland > Firm Profile

Waselius & Wist
ETELÄESPLANADI 24A
00130 HELSINKI
Finland

Finland > Banking and finance Tier 2

Waselius & Wist is a ‘go-to’ practice for advising multinational credit institutions on major inbound transactions into Finland. Its work includes unsecured and secured financings, acquisition and structured finance work, and securitisation and major aviation finance projects. Team leader Timo Lehtimäki focuses primarily on cross-border transactions for private equity houses and international banks, and is noted for his work on asset-based lending matters, bond issuances and financing transactions. Specialist partner Maria Lehtimäki deals with cross-border financings and structured finance work in regards to distressed investments, while finance, regulatory, and fintech practice head Olli Kiuru is a key contact regarding fund structuring and restructuring matters.

Practice head(s):

Timo Lehtimäki

Other key lawyers:

Testimonials

Very pro-active and responsive. My go-to Finnish law firm.’

Timo Lehtimäki understands the demands of the London market and is super responsive and pro-active in finding solutions and giving advice on the deal. I can trust in him and his team to deliver on time and especially in time constrained competitive bid contexts.’

Finland is a distant jurisdiction but Waselius & Wist never disappoints as a top quality law firm: knowledgeable, responsive, efficient. We always recommend our clients to use W&W for Finnish matters.’

Timo Lehtimäki is the lead partner and our main contact. He is highly knowledgeable, efficient and easy to contact.’

Hardworking and will fight for their client. Ambitious team that will inevitably succeed because of the quality of the service and the relationship they grow.’

Key clients

LocalTapiola Finance

BNPP and Citibank

Banco Santander

BBAM Aviation Services Limited

Invesdor Ltd

Saldo Finance plc

Liberis Finance Limited

PYN Fund Management Ltd

Goldman Sachs

Credit Suisse

Nomura

American Express Europe (Sweden branch)

Saldo Finance plc

GCC Capital Ab

Aalto University Executive Education (FINVA)

Help Försäkring

EstateGuru

Invesdor Oy

Liberis Finance Ltd

eToro

Komplett Bank ASA

mySafety

Work highlights

  • Advised LocalTapiola Finance Ltd as originator on its first public securitisation of a €529m portfolio of Finnish auto hire purchase contracts.
  • Advised Bank of China on the Finnish law aspects of the financing of the acquisition of HyTest by Shenzhen Mindray Bio-Medical Electronics. The value of the deal was €545m.
  • Advised BBAM Aviation Services Limited and JLPS Holding Ireland, respectively, and certain other transaction parties on the Finnish law aspects of the sale and leaseback of three Airbus A350-941 Aircraft with Finnair, and related financing arrangements. Deal value was estimated at $3bn.

Finland > Tax Tier 2

Waselius & Wist provides ‘very pragmatic and efficient tax advice‘ to its clients encompassing transactions, structuring issues and tax litigation. Managing partner and practice co-head Niklas Thibblin ‘stands out‘ for his work on cross-border tax matters, including compliance issues and acquisition structurings, while co-head Jouni Weckström is a tax litigation specialist, covering VAT-related litigation and transfer pricing claims.

Practice head(s):

Niklas Thibblin; Jouni Weckström

Testimonials

Very pragmatic and efficient tax advice.’

Niklas Thibblin is easy to work with and has a very extensive network and experience.’

The team circling around Niklas Thibblin forms a coherent whole capable of working together in a highly analytical way focusing on the essence of the matter at hand.’

Niklas Thibblin is a highly intelligent lawyer thinking outside, but not too far outside the box!

Very skilful and service minded.’

Niklas Thibblin stands out with his vast knowledge in and commercial approach to cross-border projects.’

Key clients

NRC Group Finland

Loomis AB

LocalTapiola Finance (LähiTapiola Rahoitus)

Banco Santander

T. Rowe Price

Scania Real Estate Finland Oy, Scania Suomi Oy

Saldo Finance plc

Work highlights

  • Successfully assisted NRC Group Finland in a significant tax ruling process with the Finnish Supreme Administrative Court, relating to subscription of shares by employees in an employer entity.
  • Assisted several T. Rowe Price funds with the reclaim of withholding taxes.
  • Advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) as the originator on its inaugural securitisation of a portfolio of consumer auto HP contracts with deal value of €600m.

Finland > Capital markets Tier 3

Waselius & Wist assists international asset managers with inbound transactions into Finland, as well as advising on regulatory matters connected to securities, alternative investment funds and derivatives. Practice co-heads Maria Lehtimäki and Timo Lehtimäki are both highly experienced in advising on capital markets transactions and regulatory matters. Olli Kiuru is also a key name to note.

Practice head(s):

Maria Lehtimäki; Timo Lehtimäki

Other key lawyers:

Testimonials

‘Deep knowledge of their local market and application of local laws to international transactions.’

‘Experienced with relevant laws for debt capital markets laws and application to international DCM transactions and excellent service levels.’

‘They are experts in securitisations and complicated structured finance transactions in Finland. Their client care and relationship building with clients is of the highest order and they really understand the demands of sophisticated financial counterparties with whom we work.’

‘We have worked with Maria Lehtimäki. Maria is very switched on and an absolute pleasure to work with. The team provides a first class service and would be our immediate “go-to” law firm in Finland for anything involving Finance, but particularly securitisations.’

Key clients

Citibank

Otso Gold

LocalTapiola Finance

BBAM Aviation Services Ltd.

Banco Santander

Barclays Bank plc / Barclays Bank Ireland

The Royal Bank of Canada

Société Générale Group and Commerzbank AG

BNP Paribas

Goldman Sachs International

Bank of America Merrill Lynch

Deutsche Bank AG / DWS

Natixis

Crédit Agricole Corporate and Investment Bank

Capital Group Companies

Work highlights

  • Advised Nomad Foods as the Initial Purchasers on the Finnish law aspects of the issuance of €750m aggregate principal amount of senior secured notes and the tack-on offering of €50m aggregate principal amount of additional senior secured notes.
  • Advised Banco Santander as arranger and joint lead manager on the €650m public ABS securitisation of auto portfolio.
  • Advised LocalTapiola Finance Ltd as originator on its first public ABS securitisation of a €529m portfolio of Finnish auto hire purchase contracts.

Finland > Commercial, corporate and M&A Tier 3

Waselius & Wist focuses on both domestic and international transactions, as well as the sale, purchase and financing of companies. The team is also experienced in handling mergers, takeovers, venture capital issues and management buy-outs for international clients, and is noted for its work on distressed M&A transactions. Co-head Christoffer Waselius focuses on complex cross-border M&A mandates, especially in the infrastructure sector; Fredrik Lassenius  handles complex M&A transactions for technology companies, private equity houses and corporates. Corporate specialist Olli Kiuru and contract expert Åsa Krook also contribute to the practice.

Practice head(s):

Christoffer Waselius; Fredrik Lassenius

Other key lawyers:

Key clients

Loomis AB

Cinven

HG Capital

Otso Gold Corp.

Euronext N.V.

Sanquin Blood Supply Foundation

Visma

One.com Group AB

Camp Scandinavia Oy

NCS Finland Oy

Nordic Real Estate Partners (NREP)

Vulcain Services SAS

Work highlights

  • Advised Loomis AB on its acquisition of Automatia Pankkiautomaatit Oy including the negotiation of long-term frame service agreements with the sellers.
  • Advised Hg Capital and Visma on the Finnish law aspects of the sale of ownership interests in Visma, including due diligence on the Finnish law assets and agreements.
  • Advised Otso Gold Corp. and its subsidiary on securing $11m financing from Brunswick Gold Ltd.

Finland > Employment Tier 3

Waselius & Wist advises multinational corporations on business developments in Finland, with particular expertise in day-to-day employment advice and employment litigation. Founding partner Jan Waselius  is an expert in employment disputes and arbitrations, while Jouni Kautto  covers the employment elements of corporate transactions.

Practice head(s):

Jan Waselius; Jouni Kautto

Other key lawyers:

Antonia Paasikivi

Key clients

Mars Incorporated

Essity

One.com

Otso Gold

Synsam Group

IAN Group

BASF OY

Ejendals

SOE Busproduction Finland Oy YT

NCH Corporation

Surfactor Finland Oy

Euronext

Work highlights

  • Advised Mars Incorporated on all employment matters in Finland, including matters in relation to the company’s corporate restructuring.
  • Advised Otso Gold Corp. on its Finnish employment law matters.
  • Advised and represented Ejendals in all employment law related matters in Finland.

Finland > EU and competition Tier 3

Waselius & Wist advises UK, US and Chinese clients on Finnish abuse of dominance issues, state aid work and public procurement matters; it is particularly strong in multi-jurisdictional merger control mandates. Practice head Lotta Pohjanpalo focuses on public procurement and regulatory matters, as well as acting  for clients before the FCCA, Market Court and Supreme Administrative Court.

Practice head(s):

Lotta Pohjanpalo

Testimonials

‘Lotta Pohjanpalo is accessible, responsive, and sensible.’

‘Speed and clarity of response, and accessibility of the lead partner.’

Key clients

Royal Canin

Pernod Ricard Finland Oy

Loomis AB

Automatia Pankkiautomaatit Oy

Essity Finland

CityBike Finland

Olympus Finland

Coloplast Oy

Ascensia Diabetes Care Finland Oy

Hanken & SSE Executive Education Ab

Work highlights

  • Successfully represented Loomis AB in merger control proceedings before the Finnish Competition and Consumer Authority in connection with its acquisition of Automatia Pankkiautomaatit Oy.
  • Successfully represented Ascensia Diabetes Care Finland Oy in public procurement litigation in the Finnish Market Court relating to a major procurement by the Joint Municipal Authority of the East Savo Hospital District of blood glucose meters, test strips, lancing devices and lancets.
  • Successfully represented CityBike Finland Ltd. in Market Court proceedings concerning a complaint regarding a major procurement by the City of Tampere of a city bike system.

Finland > Intellectual property Tier 3

Waselius & Wist focuses primarily on copyright, trade mark, patent, trade name and trade secret enforcement and defence work, with specialist expertise in assisting clients accused of IP rights infringements. It is often involved in cases before the Finnish Market Court acting on behalf of clients in the pharmaceuticals and gaming sectors. Practice co-head Bernt Juthström is particularly experienced in advising on the misuse of trade secrets, while co-head Åsa Krook deals with strategic IP management work and complex franchising arrangements.

Practice head(s):

Bernt Juthström; Åsa Krook

Other key lawyers:

Marianna Karjanlahti-Perini

Testimonials

‘Waselius has an execellent IP team of which I know Åsa Krook best. The firm has solid. knowledge of trade marks, designs and copyright. The team is skilled in dealing with counterfeit goods.’

‘Åsa Krook has a longstanding reputation. Åsa is very knowledgeable and also has a great ability to arrive at practical solutions.’

‘Åsa Krook and Bernt Juthström complement each other within the field of IP.’

‘Theoretically outstanding, pragmatic, and in addition really nice to work with!’

‘I am working on a regular basis with partner and attorney-at-law Åsa Krook at Waselius & Wist. We are mainly cooperating in various trade mark related matters, and I would say that every time I work with Åsa, I know that any trade mark related questions and challenges that involve Finland are in the best hands. Åsa Krook is a trade mark expert whom I completely rely on for any trade mark related questions in Finland.’

Key clients

Mars Incorporated

Pernod Ricard Group

Loomis AB and Loomis Value Solutions Oy

Samsung Electronics Nordic AB

Essity Hygiene Products AB, Oy Essity Finland Ab

Eltel Group Oy

Lune Group Oy Ltd

Peptonic Medical AB

Louis Vuitton Malletier

Rivian

Work highlights

  • Successfully represented a German company and its Finnish subsidiary in the automotive industry in a trade name and trade mark dispute against a Finnish company in the Market Court.
  • Advised Loomis AB on its acquisition of Automatia Pankkiautomaatit Oy from present owners with the deal value of €42m. The transaction involved a number of IP intense issues relating to complex licensing arrangements.
  • Handled the Pernod Ricard Group’s trade mark portfolio in Finland, and continuously advise and represent the company group in trade mark, marketing, labelling, contractual and regulatory matters and procedures in Finland.

Finland > Dispute resolution Tier 4

Waselius & Wist focuses on commercial litigation and arbitration matters, ranging from IP claims and tax litigation to post-M&A disputes. Senior partner and founding member Jan Waselius specialises in dispute resolution and arbitration work, while Bernt Juthström is known for IP and IT-related disputes. Christoffer Waselius covers commercial disputes, bankruptcy and restructuring petitions, and ad hoc and institutional arbitrations.

Practice head(s):

Jan Waselius; Bernt Juthström; Christoffer Waselius

Key clients

Board members of Anttila Oy

BASF

Venator Corporation

HF Industriemontagen Franz Hofmaninger GmbH

Otso Gold Oy

Alfa Oil

Samsung Electronics Nordic AB

Essity Hygiene Products AB

First Quantum Minerals

Ejendals

Oy NCH Suomi Ab

MSD Finland Oy /Merck

Work highlights

  • Acted as a counsel to former board members for Anttila Oy in a dispute concerning clawback to the bankruptcy estate of Anttila Oy.
  • Successfully acted for Venator Materials in a contractual dispute against Neste Engineering Solutions Oy in the Helsinki District Court.
  • Successfully acted as counsel for Samsung in several proceedings before the Finnish Consumer Dispute Board regarding complaints regarding consumer goods.

Waselius & Wist is a leading Finnish commercial law firm, committed to provide highly specialised legal services in complex business transactions. The firm is especially renowned for high-end advice within all fields of commercial law, with particular emphasis on capital markets, banking and finance, including financial restructurings, mergers and acquisitions, dispute resolution, real estate, energy and natural resources, tax law, employment law, competition law as well as IPR. The firm takes pride in being able to deliver tailor-made services and solutions with efficiency, accuracy and flexibility, aimed at satisfying the needs of the most demanding clients

DepartmentNameEmailTelephone
Banking and finance, Capital markets, Corporate recovery Timo Lehtimäki
Banking and finance, Capital markets Maria Lehtimäki
Competition and public procurement, General corporate and business law Lotta Pohjanpalo
Dispute resolution, TMT, IPR, Corporate governance and compliance Bernt Juthström
Dispute resolution, Employment, Corporate governance and compliance Jan Waselius
Employment, pensions and incentives Jouni Kautto
M&A and private equity, Real estate, Energy and natural resources, Environment Christoffer Waselius
M&A and private equity, Real estate, General corporate and business law Fredrik Lassenius
Tax Niklas Thibblin
Tax Jouni Weckström
Intellectual Property Åsa Krook
Banking and Finance, FinTech Olli Kiuru
PhotoNamePositionProfile
Ann-Marie Eklund  photo Ann-Marie Eklund Senior Associate. Practice Areas: Corporate and Commercial Law; Tax; Banking and Finance;…
Mira Hänninen  photo Mira Hänninen Associate. Practice Areas: Tax and Corporate Structuring; Dispute Resolution; Mergers and Acquisitions;…
Sami Hartikainen photo Sami HartikainenCounsel
Anna Heino photo Anna HeinoAssociate
Essi Hietaoja  photo Essi Hietaoja Senior Associate
Bernt Juthström photo Bernt JuthströmPartner 2009-. Practice Areas: Intellectual Property and Information Technology; Dispute Resolution; Corporate…
Marianna Karjanlahti-Perini photo Marianna Karjanlahti-PeriniEuropean Trademark Attorney
Jouni Kautto  photo Jouni Kautto Specialist Partner
Ida Keränen  photo Ida Keränen Associate. Practice Areas: Dispute Resolution; Corporate and Commercial Law; EU and Competition;…
Olli Kiuru photo Olli KiuruPartner
Matti Koivusalo  photo Matti Koivusalo Associate. Practice Areas: Tax Law; Mergers and Acquisitions; Corporate and Commercial Law.
Åsa Krook photo Åsa KrookPartner
Fredrik Lassenius  photo Fredrik Lassenius Partner. Practice Areas: Mergers and Acquisitions; Corporate and Commercial law, Real Estate
Timo Lehtimäki  photo Timo Lehtimäki Partner 2013-. Practice Areas: Banking and Finance; Financial Restructuring; Capital Markets; Mergers…
Maria Lehtimäki  photo Maria Lehtimäki Specialist Partner. Practice Areas: Banking and Finance; Capital Markets
Lauri Liukkonen photo Lauri LiukkonenSenior Associate
Niko Markkanen  photo Niko Markkanen Senior Associate
Linda Nyman  photo Linda Nyman Counsel. Practice Areas: Capital Markets; Banking and Finance; Corporate and Commercial Law.
Antonina Paasikivi photo Antonina PaasikiviCounsel
Lassi Pakkala photo Lassi PakkalaAssociate
Lauri Peltola  photo Lauri Peltola Senior Counsel. Practice Areas: Banking and Finance; Financial Restructuring; Capital Markets; Mergers…
Lotta Pohjanpalo  photo Lotta Pohjanpalo Partner 2009-. Practice Areas: EU and Competition; Corporate and Commercial; Mergers and Acquisitons
Jonna Rask photo Jonna RaskAssociate
Charlotta Sittnikow photo Charlotta SittnikowCounsel. Practice Areas: Data Protection & Privacy; Employment; Regulatory compliance, Market law
Niklas Thibblin  photo Niklas Thibblin Managing Partner 2015-. Practice Areas: Tax and Structuring
Ville-Veikko Vänttinen photo Ville-Veikko VänttinenAssociate
Annamari Vaaja photo Annamari VaajaAssociate
Janiela Valtonen photo Janiela ValtonenAssociate
Anna-Emilia Vuorenmaa photo Anna-Emilia VuorenmaaAssociate
Jan Waselius  photo Jan Waselius Partner 1997- (Founding Partner). Practice Areas: Banking and Finance; Capital Markets; Corporate…
Christoffer Waselius  photo Christoffer Waselius Partner 2014-. Practice Areas: Mergers and Acquisitions; Energy & Natural Resources; Dispute…
Jouni Weckström photo Jouni WeckströmPartner. Practice Areas: Tax and Structuring
Number of lawyers : 20
Number of partners : 10
English
Finnish
French
German
Swedish
Contacts : Jan Waselius
Contacts : Lauri Peltola
Contacts : Niklas Thibblin
Contacts : Lotta Pohjanpalo
Contacts : Bernt Juthström
Contacts : Timo Lehtimäki
Contacts : Christoffer Waselius
Contacts : Fredrik Lassenius
Contacts : Jouni Kautto
Contacts : Jouni Weckström
Contacts : Maria Lehtimäki