Castrén & Snellman makes the traditional holiday donation to Ukraine through the Finnish Red Cross.
10.12.2024
Castrén & Snellman continues to support humanitarian work in Ukraine with holiday donation
Europe continues to feel the shock and distress of Russia’s war in Ukraine. Justice, peace, safety, stability and human rights lie right at the heart of the principle of the rule of law, which we as advocates have undertaken to defend. These are undisputed values that concern all of us, and the events in Ukraine contradict with all of them.
We will make our traditional holiday donation to Ukraine through our pro bono partner, the Finnish Red Cross. The Finnish Red Cross uses the donations for sending aid workers and material assistance to Ukraine and for helping refugees that arrive in Finland.
Year-round work with pro bono partners
We are committed to respect the protection of human rights as part of our commitment to the UN Global Compact initiative. Our pro bono work supports human rights, an equal, participatory society and the mitigation of the climate crisis.
These principles have guided our choice of pro bono partners: the Finnish Refugee Advice Centre, the Uusimaa District of the Mannerheim League for Child Welfare, the Red Cross Youth Shelters and the Climate Leadership Coalition.
We wish all of our clients and business partners happy holidays and a successful 2025!
Latest news
Latest references
eQ Community Properties Fund – Acquisition of a property portfolio
We advised eQ Community Properties Fund in its acquisition of a property portfolio comprising a health centre in Espoo, a daycare property in Vantaa, an elementary school in Helsinki, and a parking facility property in Helsinki from Ilmarinen Mutual Pension Insurance Company. The lettable area of the first three properties is approximately 13,900 sq.m., while the parking facility offers 120 parking spaces. The portfolio’s tenants include the City of Helsinki, the City of Vantaa, the Western Uusimaa Wellbeing Services County, and Aimo Park Oy. In connection with the transaction, Ilmarinen invested in eQ Community Properties fund as per 31 December 2024.
Case published 9.1.2025
Finnish manufacturing company – Arbitration proceedings under the SCC rules
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Case published 8.1.2025
Korkia Oy – Renewable energy loan agreement
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Case published 7.1.2025
Commerzbank – Vessel construction financing for Meyer Turku
We acted as the Finnish law legal advisor to Commerzbank AG, which served as the coordinator, bookrunner, documentation agent, facility agent and security agent of an international banking syndicate. This syndicate provided an ECA-covered construction financing facility of more than EUR 1 billion for the Finnish shipyard company Meyer Turku Oy. The loan facility will be used on the construction of one new passenger cruise ship. The newbuilding is the third of the ICON class. According to Meyer Turku Oy the ICON-class ships are the world’s most advanced and the most environmentally friendly cruise ships of their owner, Royal Caribbean Cruise Lines.
Case published 30.12.2024