In a limited liability company, it is in the interest of the company and its shareholders that the shareholders working for the company do not engage in competing activities...

Compliance. Code of conduct. Ethics. Sustainability. Responsibility. Perhaps never before has the importance of compliance been acknowledged and agreed as crystal clearly as today.

According to the Finnish business weekly Talouselämä, the number of transactions characterised as being Finnish (either a Finnish target or a Finnish party as the seller or the purchaser), amounted to a total of 639 in 2003, a slight increase compared to approximately 625 - 630 transactions in 2002.

Internal investigations are a key part of companies’ risk management, compliance activities, and responsible leadership. When suspicions of misconduct, harassment, or non-compliance arise within an organisation, an internal investigation is often essential.

In this blog, we will delve into the relationship between privacy and corporate sustainability and ESG, and the rapidly developing regulatory landscape and stakeholder expectations around them

The past year has been an active year in the Finnish M&A market, which has seen, among others, several transactions in regard to Finnish listed companies (Pohjola, Saunalahti, Alma Media to mention a few), larger reorganisations in the daily goods retail field (SOK-Spar and Tradeka-Wihuri combinations) and also some increased private investor activity in regard to Finnish industry companies (Finndomo, Karelia).

The European Commission kicked off a major overhaul of capital markets regulation just before Christmas by submitting the EU Listing Act package to the European Parliament and the Council.

The current Finnish Companies Act (osakeyhtiölaki 734/1978) regulating limited liability companies was enacted in 1978, entered into force as of 1980 and has consequently been in force more than 23 years. There is no doubt that the commercial world surrounding Finnish limited liability companies has undergone enormous changes in the last quarter of a century (<I>inter alia</I> the deregulation of the Finnish financial market and Finland’s entry into the European Union), wherefore a reform o

VASP, EMI, PI, AIF, AIFM… The mystical world of Financial Technology (Fintech) is filled with strange abbreviations and phrases, and their legal status can from the outside appear even more mind-boggling.

Understanding the legal framework surrounding trade names is essential for any business owner. This article explores how trade names function as identifiers in the marketplace...

D&I's annual merger control report highlights the most recent trends and developments in Finnish merger control enforcement. Although it was expected that 2021 was just calm before the storm, 2022...

What risks does a seat in the Board of Directors of a financially struggling company involve and ways to avoid and prepare for them.

Alike many of its equivalents in other European countries the Finnish Companies Act provides for an obligation and right of the majority owner, holding more than 90 per cent of the share capital and total number of votes, to purchase minority holdings through a so called squeeze out procedure.

When expanding into new markets, companies often rely on business partners through various distribution arrangements. In this blog, we present important practical...

Commercial contracts often include an arbitration clause. This clause specifies that any disagreements arising from the contract will be resolved through arbitration proceedings. Companies prefer arbitration due to its...

A limited liability company may acquire and hold control of its own shares. The provisions relating to own shares are set out in the chapter 15 of the Limited Liability Companies Act.

On 31 July 2021, the Guidelines on outsourcing to cloud service providers issued by ESMA became applicable to all cloud outsourcing arrangements entered into, renewed or amended on or after that date.

The new Foreign Subsidies Regulation (the "FSR" or the "Regulation") – entering into force today, 12 January 2023 – introduces a further regulatory hurdle for companies...

Finland has a technology-intensive industry both in the traditional mechanical (often paper and pulp related) as well as in the electronic, IT and biotech sectors. The most successful technology company during the past few years has without doubt been Nokia. These industries carefully consider the governance of trade secrets, patent strategy, product design and branding which all are factors having an effect on domestic and international success.

Managing Directors of limited liability companies are not considered to be employees and thus do not enjoy protection under the Finnish labour law.