Ilari Lamminmäki

Associate, Master of Laws

Services

  1. Dispute Resolution

Contact details

I advise clients in a wide range of matters related to dispute resolution.

My areas of practice include both domestic and international court and arbitration proceedings, and I have assisted our clients in commercial disputes relating to, among others, damages and international investments.

As a law student, I gained experience in legal work by working as an intern for two years at a smaller law firm focused on dispute resolution and later as an intern at Castrén & Snellman’s Dispute Resolution service, where I have stayed after graduating. In addition to extensive commercial disputes, I have experience in assisting in assignments related to sports law. I have also worked on company law matters at an international auditing firm.

I hold a Master of Laws degree from the University of Helsinki.

Latest references

CapMan Buyout – Divestment of Renoa Group
We advised CapMan Buyout in the exit of Renoa Group. Renoa Group management together with Korpi Capital and other investors have acquired the group. Renoa Group is a Finnish established expert in the building technology sector specializing in detached houses in Finland and Sweden. Renoa is a major provider of turnkey domestic water & heating, sewer system and electricity network renovations, with significant operations also in Sweden. The Group reported sales of €35 million and employed c. 300 personnel across its 10 offices in Finland and 6 in Sweden. Korpi Capital is a Finnish investment company with holdings in 29 companies. 
Case published 14.1.2025
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
Oomi – Transfer of KSS Energia’s electricity sales contracts for consumer and business customers to Oomi
We are advising Oomi Oy in a business transaction whereby KSS Energia Oy’s consumer and business customers in the retail sale of electricity will be transferred to Oomi. The transfer is scheduled to take place in March 2025. The arrangement requires approval from the Finnish Competition and Consumer Authority. Oomi Oy is one of the largest energy service companies and electricity sellers in Finland. The arrangement is a result of the recent development of the electricity market and Oomi’s strategy, which aims to offer customers a seamless and improved digital customer experience.
Case published 20.12.2024
24 Pesula – Investment transaction
We advised 24 Pesula group in a transaction where Juuri Partners made an investment in Finland’s largest self-service laundry chain, 24 Pesula. Juuri Partners’ investment supports 24 Pesula’s strategy of strengthening its domestic market leadership, developing digital services, and expanding internationally. 24 Pesula, founded in 1999, has established a strong market position in the self-service laundry market with over 50 locations in Finland. The company has its own production facilities in Nokia, Finland. In the UK, 24 Pesula currently operates in four locations, and the company plans to expand into other international markets in the coming years. Juuri Partners is a Finnish private equity company, which invests in Finnish growth focused SMEs and offers financing to established and profitable SMEs in Finland.
Case published 20.12.2024
Fortum – Acquisition of a project development portfolio for renewable power from Enersense
We are acting as a counsel to Fortum in a transaction in which Fortum is strengthening its renewable power project pipeline through the acquisition of a project development portfolio from Enersense. The debt-and-cash free purchase price is approximately EUR 9 million, with the potential for project-specific earn-outs subject to projects successfully reaching a final investment decision in the future. The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2025. Fortum is a leading Nordic energy company with the purpose to power a world where people, businesses and nature thrive together. Fortum’s core operations comprise of efficient, CO2-free power generation as well as reliable supply of electricity and district heat to private and business customers. The company is listed on Nasdaq Helsinki. One of Fortum’s strategic targets is to develop at least 800 MW of ready-to-build onshore wind and solar projects by the end of 2026.
Case published 19.12.2024

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