On September 25th, the Finnish Ministry of Finance announced that the Act on Index Restrictions in Contracts (1195/2000) will not be extended after December 31st 2012.

Geopolitical changes and slow economic growth have challenged companies in recent years and led them to consider new ideas for business development and cost structure.

The past year and a half has forced construction companies to adapt in new ways.

The Finnish Parliament has recently adopted amendments to the Act on Contractor’s Obligations and Liability when Work is Contracted Out (FI: laki tilaajan selvitysvelvollisuudesta ja vastuusta ulkopuolista työvoimaa käytettäessä; 1233/2006) and to the Act on Public Procurement (FI: laki julkisista hankinnoista; 348/2007).

Arvonlisäveron yleinen verokanta nousee 25,5 %:iin 1.9.2024 alkaen. Asialla voi kuitenkin olla vaikutusta jo tätä ennen tehtyihin sopimuksiin, joten kuhunkin sopimukseen soveltuva alv-kanta ja sitä kautta...

Innovaatioiden kaupallistaminen voidaan toteuttaa monin eri tavoin ja erilaisin sopimusjärjestelyin.

A contract is only as good as the dispute resolution clause in it.

‘We live in exceptional times' is a phrase that has defined this decade. Today's markets are swayed by a global trade war and an actual war in Europe, and all this is happening amid a historic technological transformation.

One key change is the customer's right to switch from one cloud service provider to another with no more than two months' notice, regardless of the terms of the contract.

Castrén & Snellman's Private Equity and Venture Capital team has prepared Series Seed 4.0, a comprehensive update to Finland's standard seed financing documentation suite. The new version introduces significant structural improvements including a three-tier leaver classification system, enhanced liability frameworks, and sanctions compliance provisions that align Finnish venture capital practice with international standards.

Erinomaista alkavaa työviikkoa! Tällä kertaa ajattelin kirjoittaa muutamalla sanalla tuomioiden täytäntöönpanosta ja ajatuksena on nimenomaan tarkastella Yhdysvalloissa annettujen...

The company received an order from a Russian customer for non-prohibited goods. The products then became sanctioned leading to a dispute as to whether the contract should be performed.

The shift towards the circular economy is accelerating globally in nearly every industry—including construction.

Our Partner Klaus Ilmonen has published new research on the geopolitics of corporate law in his role as a professor of practice in commercial law at the Hanken School of Economics in Helsinki.

A discussion on the new Act on Payment Terms in Commercial Contracts which will enter into force on 16 March 2013.

"Yhteistyökumppanimme irtisanoi yli 10 vuotta kestäneen sopimuksensa vain kahden viikon irtisanomisajalla. Meillä ei ole yhteistyöstä kirjallista sopimusta.

The need for updating and reforming the YSE 1998 General Conditions for Building Contracts has been discussed for quite some time in the construction industry.

The Finnish debt payment and collection regulations are undergoing remarkable changes in connection with the implementation of the EU Late Payment Directive (2011/7/EU).

Corporate sustainability is an increasingly integral part of business operations, and in the coming years it will permeate the strategy...

11.1.2024 voimaan tulleen datasäädöksen (Data Act) suhteen suurin mielenkiinto on keskittynyt sen II ja III lukuihin, jotka koskevat tuotteiden ja niiden oheispalveluiden keräämän datan...