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  • Article

    Remarkable Precedent On Foundation Law From The Supreme Court

    Attorneys Antti Hannula and Pinja Hoffrichter successfully advised Riihi Säätiö s.r. in a precedent on foundation law in the Finnish Supreme Court (KKO:2024:35). The Supreme Court confirmed our view of interpretation.
    FinlandLitigation, Mediation & Arbitration
    NORDIA Law
    NORDIA Law
  • Article

    Unjust Enrichment Must Be Restituted

    Restitution of unjust enrichment is one of the principles of civil law that aims to ensure justice in property relations.
    FinlandLitigation, Mediation & Arbitration
    NORDIA Law
    NORDIA Law
  • Article

    Practical Tips For M&A Negotiations

    Navigating M&A negotiations requires more than just legal expertise—it demands strategic foresight and an understanding of how transaction terms interconnect. This article explores the critical stages where deals often falter, from the initial term sheet to final documentation, and reveals how parties can avoid common pitfalls that derail negotiations and erode trust between buyers and sellers.
    FinlandCorporate/Commercial Law
    NORDIA Law
    NORDIA Law
  • Article

    Register Of Beneficial Owners

    From the 1 October 2024 companies and other legal persons can register information about their beneficial owners.
    FinlandCorporate/Commercial Law
    NORDIA Law
    NORDIA Law
  • Article

    Protecting Your Company's Intellectual Property

    Intellectual property (IP) is a critical aspect of the gaming industry, as it protects the unique elements that distinguish a game from others and provide it with value.
    FinlandIntellectual Property
    NORDIA Law
    NORDIA Law
  • Article

    Earn-outs As Part Of A Transaction

    When buyers and sellers cannot agree on a company's value during M&A negotiations, earn-out clauses offer a practical solution by linking part of the purchase price to future performance. This comprehensive guide examines how to structure effective earn-out arrangements that protect both parties' interests while minimizing the risk of post-transaction disputes.
    FinlandCorporate/Commercial Law
    NORDIA Law
    NORDIA Law
  • Article

    Open-Source Piracy Through AI – Is AI Built Wrong?

    Open-source software (OSS) is software with source code that anyone can inspect, modify, and enhance for free.
    FinlandTechnology
    NORDIA Law
    NORDIA Law
  • Article

    Legal Risks Of Loot Boxes – Part II

    This is a sequel to my previous article, which analysed the risk of loot boxes being considered gambling and provided an overview of the current legal environment and relevant court cases. In this article...
    United StatesLitigation, Mediation & Arbitration
    NORDIA Law
    NORDIA Law
  • Article

    Is It Necessary To Compensate All Employees For Overtime, Or Is It Not Required?

    The Working Time Act was amended in 2020. At this stage, there is already a degree of experience regarding its application.
    FinlandEmployment and HR
    NORDIA Law
    NORDIA Law
  • Article

    Gaps In W&I Insurance Coverage

    Warranty and Indemnity insurance has become a standard feature in Finnish M&A transactions, yet many parties misunderstand its actual scope of protection. This examination reveals five critical coverage gaps that frequently catch buyers and sellers off guard, from the treatment of known risks to the challenges of proving losses. Understanding these limitations and how to address them through proper deal structuring can mean the difference between effective risk transfer and unexpected liability exposure.
    FinlandInsurance
    NORDIA Law
    NORDIA Law
  • Article

    How To Protect Your Game IP And Whether Patenting A Viable Strategy In The Games Industry?

    Game IPs are more popular than ever and protecting the distinctive features of a game has never been more important.
    FinlandIntellectual Property
    NORDIA Law
    NORDIA Law
  • Article

    Non-Competition Agreements In Different Types Of Contracts

    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...
    FinlandEmployment and HR
    NORDIA Law
    NORDIA Law
  • Article

    Tenant's Bankruptcy In Business Premises

    Bankruptcy of a tenant can be a challenging situation for a lessor of a business premises. Act on Commercial Leases (481/1995) sets the guidelines and framework within which a lessor must act in such situations.
    FinlandInsolvency/Bankruptcy/Re-Structuring
    NORDIA Law
    NORDIA Law
  • Article

    Financial And Production -related Change Negotiations

    The employer may need to consider reducing its workforce or unilaterally changing an essential term of their employment contracts for financial or production -related...
    FinlandEmployment and HR
    NORDIA Law
    NORDIA Law

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