9.5.2016

Castrén & Snellman GC Powerlist’s Country Partner in Finland

The GC Powerlist, published by the global legal directory The Legal 500, highlights the most influential in-house lawyers in business today. Everyone here at Castrén & Snellman is proud to be the country partner for the GC Powerlist Finland in 2016.

The nomination process is now running and will be open until the end of May 2016. In November, we will have the great pleasure of hosting local corporate counsel at a cocktail reception at our Helsinki office to celebrate the counsel who make the final list.

We are looking forward to seeing many talented lawyers on the GC Powerlist Finland 2016!

For further information, please contact:
Pauliina Tenhunen and Carola Lindholm

 

Greetings from David Burgess, the Publishing Director of The Legal 500:

Dear all Finnish in-house lawyers

Since launching the GC Powerlist series, we have been pleasantly surprised at the level of engagement from GCs across the globe. In-house lawyers are very aware of The Legal 500, regularly using the independent editorial and research to help them select which law firms to use. But since we turned our attention to the GCs, we have noticed a key difference between private practice and in-house.

For nearly 30 years, private practice lawyers have been incredibly upfront about the capabilities of the firm, the practice and themselves, as they know that engaging with our research team leads to better information, which leads to more accurate rankings. The in-house community, however, is much more modest. Sometimes it can be the culture of the company, sometimes it comes down to the personality and modesty of the GC, but what is noticeable is how reluctant in-house lawyers are to shout about their achievements. In private conversations, most GCS will say that what they have done for their companies far outstrips the often “conveyer belt” type work they did when they started out in private practice. Yet, for a multitude of reasons, they “don’t like to talk about it”.

The Legal 500 is about to launch the nomination process for the GC Powerlist: Nordics teams. Our research is Finland is supported by Castren & Snellman, and we look forward to launching the results in November in Helsinki. However, we can’t do it without you, so I’m writing this to urge you to nominate in-house teams, either your own or others you admire.

The process could not be simpler, simply fill in your details here and tell us in under 500 words why the team should be considered.

What are we looking for? Well, to be honest, there is no rigid formula, we are interested in hearing your story as to what makes your in-house team so valuable to the business. It could be the way you interact with your business, or the way you have partnered with your internal stakeholders to add value. In some cases, we have even seen the in-house department be classed as a revenue generator and be rewarded on that front. But it could be about how you have structured your in-house department, the diversity initiatives and training that you provide. It could be related to restructuring or mergers. As you can see, there are a host of reasons for why an in-house team is good, but we need to hear from you.

Our research team will gather all nominations and will conduct interviews to ascertain the leading teams. Want another reason to nominate? Hiding from the light won’t allow you to grow in your role, but many of the GCs or in-house teams that we have recommended have told us that it has made a material difference within their organisations. Either the business has suddenly recognised that they have a world-class legal function, or it has empowered the legal teams to interact at a deeper and more rewarding level with their internal stakeholders.

If you have any questions, please contact me at corporatecounsel@legal500.com.

What are you waiting for? Get nominating!

David Burgess
Publishing Director
www.legal500.com
LinkedIn: http://www.linkedin.com/pub/david-burgess/6/881/23b
https://twitter.com/thelegal500

 

Latest references

We acted as Finnish law legal adviser to the lenders and the export credit agencies in connection with the EUR 514.4 million green project financing for the development and construction of Easpring Finland New Materials Oy’s cathode active material (CAM) manufacturing plant in Kotka, Finland. The borrower, Easpring Finland New Materials Oy, is a joint venture owned by Beijing Easpring Material Technology, Finnish Minerals Group and LG Energy Solution. The financing was provided by six international commercial banks, with Société Générale acting as financial adviser and mandated lead arranger together with Natixis as co-mandated lead arranger, and DNB, ICBC, ING and Standard Chartered participating as lenders, with support from the export credit agencies Finnvera and Sinosure. The project represents a significant milestone for Finland and the European battery value chain by strengthening Europe’s domestic supply of cathode active materials, a key component in lithium-ion batteries for electric vehicles and energy storage applications. Once the first phase of the project is operational, the Kotka facility is expected to produce approximately 60,000 tonnes of cathode active material annually, making it one of the largest CAM production plants in Europe and supplying leading battery manufacturers across Europe. 
Case published 21.7.2026
We acted as Finnish legal advisor to Delta Capacity in connection with its acquisition of the ready-to-build Karppio battery energy storage system (BESS) project from Helios Nordic Energy. The acquisition was made and the project will be implemented together with Strioga Family Foundation. The Karppio BESS project is located in Teuva, Finland, and has a capacity of 125 MW / 300 MWh. Delta Capacity will lead the remaining development of the project through to commissioning, planned for 2027, and will serve as long-term asset manager. Delta Capacity is a Swiss-based developer of utility scale battery storage systems. The acquisition adds to Delta Capacity’s growing Nordic portfolio. 
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We advised Swedbank AB (publ) on the refinancing of a large Finnish retail real estate portfolio owned by Trophi’s Finnish subsidiaries. Trophi is the leading Nordic real estate company focusing on grocery anchored retail properties, with 278 properties across Sweden and Finland. Finland is a market that continues to develop and is also strategically important for Trophi, accounting for approximately 30% of Trophi’s letting and property value.
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We are acting as Finnish legal advisor to HANZA in connection with its acquisition of Fortaco Finland’s heavy mechanics and assembly business. The transaction is structured as a combined asset and share acquisition and includes Fortaco Finland’s heavy mechanics and assembly operations in Finland, as well as shares in two Estonian and two Polish subsidiaries. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, including regulatory approvals. Founded in 2008, HANZA is a Swedish mechanical engineering and electronics contract manufacturing company listed on the Nasdaq Stockholm main list. HANZA has approximately 5,000 employees and annual sales of SEK 10 billion. We advise HANZA on this transaction in collaboration with the Swedish law firm Lindahl.
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