4.12.2024

Spotlight on Finnish arbitration expertise: Castrén & Snellman is proud to support Vis Moot

The Willem C. Vis International Commercial Arbitration Moot competition brings together thousands of law students, arbitrators, and alumni from all around the world during the spring of 2025. This year, the Vis Moot will apply the Arbitration Rules of the Finland Chamber of Commerce.

Castrén & Snellman and its leading dispute resolution team are proud to support the 32nd Vis Moot and the 22nd Vis East Moot as a Gold Partner of the Finland Arbitration Institute.

Vis Moot offers a great opportunity to gain expertise in international dispute resolution and arbitration. We are excited to support students in developing their skills in this field. It’s also an honour to showcase high-quality Nordic arbitration expertise. Strong networks are vital for lawyers working in international dispute resolution and arbitration, and the friendships made during the competition often last decades,

say partners Anders Forss and Ilona Karppinen.

The Willem C. Vis International Commercial Arbitration Moot is a competition for law students to foster the study and practice of international commercial sales law and arbitration and provide practical training for resolving international business disputes.

The Moot involves a dispute arising out of a contract of sale between two countries that are parties to the United Nations Convention on Contracts for the International Sale of Goods (CISG). The applied arbitral rules rotate yearly among the arbitration rules of co-sponsoring institutions of the Moot.

The participants will have to possibility to practise for the competition at the FAI Helsinki Pre-Moot from 27th February to 1st March, which Castrén & Snellman is hosting together with other contributing law firms. The 22nd Vis East Moot will take place from 30th March to 6th April in Hong Kong, and the 32nd Vis Moot is in Vienna from 11th to 17th April.

Latest references

We acted as Finnish counsel to RVRC Holding AB (RevolutionRace) in its acquisition of 90.1% of the shares in ICANIWILL AB (ICIW). Mannheimer Swartling (Sweden) acted as lead counsel for RevolutionRace. ICIW, founded in Sweden in 2012, is a Swedish training apparel brand.  RevolutionRace is a fast-growing Swedish outdoor brand offering multifunctional products to people with an active lifestyle. The company operates with a digital D2C business model reaching customers in approximately 40 countries. The company is listed on Nasdaq Stockholm since 2021. 
Case published 14.7.2026
We advised a special investment fund managed by Mandatum on the sale of the PMK Building, a mixed-use commercial property located in Tammela, Tampere. The property hosts dozens of tenants and offers, inter alia, warehouse, production and office premises.
Case published 13.7.2026
We advised Suominen Corporation in connection with its rights issue. The offering was oversubscribed, and the company raised gross proceeds of approximately EUR 28 million. We also advised Suominen in connection with the renegotiation of the terms of the company’s three-year EUR 100 million syndicated credit facility, under which the maturity was extended and headroom was added to the financial covenants. “I would like to thank our shareholders for their support and confidence in Suominen’s future. The completion of the Offering will enable us to accelerate the implementation of our Full Potential Program while strengthening our capital structure. Our transformation particularly focuses on enhancing the reliability and efficiency of our production and supply, and on reinforcing our commercial capabilities, allowing us to better meet the expectations of our customers and shareholders”, comments Charles Héaulmé, President and CEO of Suominen. Suominen is a nonwovens manufacturer operating in global markets. Suominen creates value by taking fiber raw materials and turning them into nonwovens that the company’s customers convert into both consumer and professional end products. Suominen’s vision is to be the frontrunner for nonwovens innovation and sustainability. Suominen’s net sales in 2025 were EUR 412.4 million and the company has almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.
Case published 6.7.2026
We acted as joint legal advisor for Nordea Bank Abp and Avain Yhtiöt in an approximately EUR 48 million financing arrangement which included facilities for refinancing of an existing real estate portfolio and also for acquisition and property development purposes. The financing arrangement strengthens Avain Yhtiöt’s objective to build and maintain a functional, safe and environmentally friendly living environment, as well as to develop the overall quality of housing and construction. Avain Yhtiöt is a Finnish group specialising in housing and housing-related services, construction contracting and new construction. Its goal is to build 1,000 new apartments per year in key growth areas in Finland.
Case published 2.7.2026