
Borenius has a stellar track record advising on high-value commercial litigation both domestically and internationally. Much of this success can be attributed to the team’s comprehensive offering, which covers investigations and arbitration for a broad range of listed and state-owned companies. Practice head Markus Kokko has recently seen activity representing clients in bankruptcy and corporate restructuring-related disputes. Kristiina Liljedahl specialises in disputes in the energy and green transition industry. Tero Kovanen has a broad practice, routinely advising on construction-related and W&I insurance subrogation disputes.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘Tero Kovanen is very pragmatic and easy to work with and communicates clearly the key elements.’
- ‘Kristiina Liljedahl, Rilla Ojala and Vilma Haavisto, all exceptionally great lawyers and highly capable in dispute resolution.’
- ‘I have worked with Markus Kokko for many years. He combines deep expertise with a genuine commitment to client success. He prioritises settlement as a fast and cost-effective solution, but is also ready to adopt a more assertive approach when necessary.’
- ‘Kristiina Liljedahl is outstanding, highly recommended. She is very business-minded and seeks solutions and compromises from the customer's perspective. Pleasant person to work with, very responsive, she never drops the ball.’
- ‘Rilla Ojala stands out for her genuine commitment to finding the best possible solution and for always keeping the client’s interests and value creation at the center of her work. What makes her different from many competitors is her ability to combine sharp legal analysis with a truly pragmatic and business-oriented mindset.’
- ‘Tero Kovanen understands our business and what is important to us. He has our back and I know I can always turn to him whenever needed. ’
Key clients
- The Bankruptcy Estates of Mash Group Oyj and its wholly owned subsidiary Mash Finance Oyj
- Karhu Voima Oy bankruptcy estate
- Lindex Group Plc
- Tamro Plc
- Citycon Plc
- Taaleri Plc
- Outokumpu Plc
- Agnico Eagle Mines
- Lounea
- Alva-yhtiöt Oy
Work highlights
Mediating international claims for damages close to 4 billion euros relating to an environmental accident.
Represents Mash Group Oyj’s Bankruptcy Estate in several complex litigations, including clawback actions seeking to recover the value of the transferred assets, management liability claims and a criminal investigation focused on an asset sale.
Advised an international listed company in Finnish arbitration related to the supply of LNG, force majeure, and the adjustment claim.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Markus Kokko
Other key lawyers
Kristiina Liljedahl; Tero Kovanen; Rilla Ojala; Vilma Haavisto


