Castrén & Snellman’s trademark practice has once again been ranked in the Silver Category in the 2016 edition of World Trademark Review 1000 – The World’s Leading Trademark Professionals. According to the publication, ‘Castrén & Snellman can effortlessly handle even the most gruelling of contentious briefs’. ‘Available at the drop of a hat’, it ‘limits customer risk by putting more than one brain to work on a case’.
18.1.2016
Castrén & Snellman Highly Ranked in World Trademark Review 1000
Sakari Salonen
In the individual rankings, Castrén & Snellman’s Head of IP Sakari Salonen has been ranked in the silver tier for enforcement and litigation and as a leading practitioner in anti-counterfeiting. WTR 1000 describes him as ‘one of the country’s rising stars in general IP practice’ and ‘tremendously active’. He ‘exudes trustworthiness and reliability and is truly a big draw’.
WTR 1000 is the only independent definitive guide dedicated to identifying the world’s leading trademark professionals. The publication identifies the trademark industry’s talents in 71 jurisdictions around the world. All WTR 1000 rankings for Finland can be found here.
Castrén & Snellman’s Intellectual Property practice is one of the strongest in Finland. Our versatile team of IP lawyers and specialists cover every area of IP, from protection to commercialisation and enforcement. Our commitment is to provide unique IP solutions.
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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
We successfully represented a Finnish manufacturing company in arbitration proceedings under the SCC rules against a global construction company. The dispute was governed by Finnish law and the seat of arbitration was Stockholm, Sweden. The dispute mainly concerned the termination of an erection contract and the right to compensation for delays of the project and for cost increases due to Russia’s invasion of Ukraine. The main questions in dispute were the lawfulness of the termination of the erection contract as well as the consequences of the termination such as the right to costs to complete the project after termination, the right to liquidated damages for delay of the project and adjustment of contract price due to cost increases. The total value of the dispute exceeded EUR 15 million.
Case published 8.1.2025
Korkia Oy – Renewable energy loan agreement
We advised Korkia Oy in its loan agreement with Nordic Environment Finance Corporation. The financing will support the development and international scale-up of Korkia’s pipeline of solar energy, battery energy storage system (BESS) and onshore wind projects. Korkia is a dedicated investor in renewable energy operating in nine countries. It has a robust development pipeline of over 20 GW in renewable energy and energy storage projects.
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