Finland: Contracts and Commercial Law

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.

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.

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.

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...

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...

Regulation (EU) 2023/2854 of the European Parliament and of the Council on harmonized rules on fair access to and use of data (the "data act") has entered into force on 11 January 2024...

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

The Supreme Court has taken a position on the binding nature of a contract in a ruling 2013:47, in which the founding shareholder had, "during the construction stage", entered into the contract with the contractor in the name of the housing company.

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).