31.3.2023

Dedication to our clients’ success acknowledged as C&S appoints five new counsels

Our business is to enable our clients’ success and ensure their legal protection. To acknowledge their versatile expertise and dedicated work towards our clients’ success, we promote Teemu Auressalmi, Jenni Korhonen, Hilma-Karoliina Markkanen, Tiina Orre and Sakari Sedbom to counsels as of 1 April 2023.

Teemu Auressalmi, Dispute Resolution

Teemu Auressalmi is an expert in domestic and international disputes. His area of practice covers both international and domestic arbitration and litigation proceedings as well as alternative forms of dispute resolution. He is also experienced in questions related to corporate law.

Teemu represents our clients in a wide variety of commercial and corporate disputes relating to, among others, construction projects, mergers and acquisitions, and shareholders’ agreements. Teemu is also a regular speaker in topics related to dispute resolution and a board member of the Young Arbitration Club Finland.

Jenni Korhonen, Tax & Structuring

With a deep knowledge of tax law and structuring, Jenni Korhonen specialises in tax matters and structuring related to transactions and mergers and acquisitions. She has extensive experience in demanding M&A as well as in restructuring of international groups and listed companies.

Jenni advises our clients in both international and domestic matters related to corporate taxation, M&A and restructuring. She also assists our clients in preliminary ruling processes and pre-emptive discussions as well as in ensuring the tax treatment of restructurings from the tax administrators.

Hilma-Karoliina Markkanen, Intellectual Property

Hilma-Karoliina Markkanen is an experienced lawyer with extensive knowledge of intellectual property questions and the related dispute resolution. She has profound understanding of marketing and consumer law, fashion and luxury law, and questions related to unfair business practices and IP commercialisation, and she is an active trainer in these topics. Hilma-Karoliina is also the Vice President of the Finnish Fashion Law Association.

Hilma-Karoliina provides IP advice to our clients in mergers and acquisitions, private equity transactions and other transactions.

The latest Managing Intellectual Property IP Stars recognised Hilma-Karoliina as a Rising Star.

Tiina Orre, Intellectual Property

Tiina Orre is a versatile lawyer versed in intellectual property and dispute resolution. Her expertise includes industrial property rights and copyright as well as marketing and consumer law. She is also experienced in matters related to unfair business practices and anti-counterfeiting in various industries.

Tiina advises our clients in assignments related to brand portfolio protection and enforcement, IP and marketing dispute resolution and authority processes, and mergers and acquisitions. Tiina is also an active speaker and trainer in topics related to IP and marketing law.

The latest Managing Intellectual Property IP Stars recognised Tiina as a Rising Star.

Sakari Sedbom, Capital Markets & Financial Regulation

Sakari Sedbom is an expert in capital markets and financial regulation. He is particularly experienced in IPOs and right issues, public takeover bids, as well as regulatory questions related to insider and market abuse regulation.

He also advises our clients on various M&A and finance transactions, bond issuances, and regulated transactions in the financial and fintech sector.

The latest IFLR1000 Financial & Corporate ranks Sakari as a Notable Practitioner.

Our warmest congratulations to all our new counsels for their new role!

Read more: Castrén & Snellman appoints three new senior associates – Appointments also in Business Services

Latest references

We advised Neste as it signed a EUR 250 million 10-year loan with NIB. The loan will finance Neste’s investments related to research and development (R&D) in processing lower-quality feedstocks into high-quality renewable products; as well as the liquefied waste plastics (LWP) investment at Neste’s refinery in Porvoo, Finland. The R&D activities supported by the loan focus on the development of renewable solutions. These include, for example, expanding feedstock capabilities and technologies that enable the processing of new and lower-quality waste and residues into high-quality renewable end products. Part of the financing supports Neste’s liquefied waste plastics investment in Porvoo, related to upgrading low-quality plastic waste into high-quality feedstock at an industrial scale. The investment contributes to advancing circular economy solutions by enabling the use of hard-to-recycle plastic waste as a replacement for virgin fossil raw materials. The unit has an annual capacity to process up to 150,000 tonnes of liquefied waste plastic. Production ramp-up commenced in 2026.
Case published 19.8.2026
We advised Aspo Plc, ESL Shipping Ltd and AtoBatC Shipping AB in relation to finance matters in connection with the demerger of Aspo, by which all the shares in ESL Shipping Ltd held by Aspo, together with the related assets and liabilities, will be transferred to a new independent company to be named ESL Shipping Group Plc. Aspo intends to apply for the shares of ESL Shipping Group to be admitted to trading on the regulated market of Nasdaq Helsinki. It is further intended that Aspo be renamed Telko Group Plc. 
Case published 19.8.2026
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. 
Case published 20.7.2026