12.10.2022

Ten C&S Lawyers Nominated to Finnish Bar Association Committees and Expertise Groups

The Finnish Bar Association selected the following lawyers from Castrén & Snellman to committees and legal expert teams for the 2022–2024 term:

Committees

Samuli Tarkiainen continues as a member of the Professional committee

Eija Warma-Lehtinen continues as a member of the IT committee

Expertise groups

Janne Lauha continues as chair of the securities and finance law group

Oona Fromholdt-Nyman joins the administrative law group

Kiti Karvinen continues as a member of the competition law group

Eija Warma-Lehtinen joins the technology, communication and data protection group and Ville Kukkonen continues as a member of the group

Jenni Korhonen joins the tax law group

Pauliina Tenhunen continues as chair of the corporate law group, and Vesa Rasinaho continues as a member of the group

Heidi Malmberg continues as chair of the environmental law group

Further information on the compositions of the Finnish Bar Association’s committees and legal expert teams is available on the Association’s website (in Finnish): https://asianajajaliitto.fi/2022/10/hallitus-on-nimennyt-valiokuntien-ja-asiantuntijaryhmien-jasenet-kaudelle-2022-2024/

Latest references

We assisted Nrep in the development of a residential building that will be built adjacent to the Arabia Shopping Centre in north-eastern Helsinki. Our assignment included assisting in a financing arrangement for the residential building, together with corporate and real estate arrangements related to the project. This involved restructuring through share transactions and a demerger, a zoning change, a change of plot division, a joint arrangement, and a management division agreement. The new 16-storey residential building will consist of 188 Juli Living rental apartments and additional business premises on the street level. Once completed, the building will be one of the most energy-efficient residential buildings in Finland. The financing arrangement complies with Nrep’s sustainability targets. LEED Platinum certification will be applied for the project, while the previous two LEED Platinum certificates for residential buildings have been awarded to Nrep’s Herttoniemi and Friisilä sites.
Case published 28.10.2024
We acted as Finnish counsel to Pernod Ricard in the sale of a portfolio of local Nordic brands to Oy Hartwall Ab, an affiliate of the Danish group Royal Unibrew. Pernod Ricard is a worldwide leader in the spirits and wine industry. The local portfolio of brands includes spirits, liqueurs and Finnish wine brands, the best-known being the liqueur Minttu, along with their related production assets based in Turku, Finland. The closing of the transaction remains subject to customary conditions.
Case published 21.10.2024
We advised WithSecure Oyj in the sale of its open source data collection product and business to Patria Oyj. The divested business combining software and services falls outside WithSecure’s current strategy. Through the sale, WithSecure sharpens its focus on the Elements portfolio. WithSecure is a global cyber security company (listed on NASDAQ OMX Helsinki) with more than 35 years of industry experience. WithSecure offers partners flexible commercial models, ensuring mutual success across the dynamic cyber security landscape. Patria is an international company in the defence and security industry offering defence, security and aviation life cycle support services and technology solutions. As a result of the transaction, Patria will open a new office in Oulu and 10 WithSecure experts currently working in the business area will join Patria. 
Case published 30.9.2024
We advised A. Ahlström in establishing a corporate sustainability due diligence process plan which incorporates best practices and tailored solutions based on our expertise within relevant business sectors. Our comprehensive ESG offering also included tailored training for members of the investment team and management team and the board of directors of several portfolio companies. ‘The ESG team at Castrén & Snellman provided us with legal and practical advice around the ESG regulatory tsunami that we need to incorporate in our ESG work,’ comments Camilla Sågbom, Director, Sustainability and Communications, at A. Ahlström Oy. A. Ahlström is a family-owned industrial company, developing leading global specialist positions in Forest & Fiber and Environmental technology sectors.
Case published 5.9.2024