Good Corporate Governance

Good Corporate Governance

The easiest way to find efficient solutions to issues concerning good corporate governance is with the help of an experienced advisor.

We advise our clients in various issues relating to good corporate governance. For example, we provide advice in drafting documents and guidelines concerning the implementation of good corporate governance and in developing efficient operating models relating to the administration of the company.

Our experts follow the social discourse on good corporate governance and actively participate in developing related principles. We work with the experienced board members of Directors’ Institute Finland and with Future Board, a network of young board professionals.

Latest references

Management of Various Companies – Background Checks for the Identification of Clients and Business Partners
In today’s business environment, the identification of and due diligence related to clients and business partners are essential ingredients in the management of reputation risk and in the diligent and responsible conduct of business. For well over the past year, we have performed background checks on prospective clients and business partners for various companies at the management’s request. These checks have covered, for example, trade sanctions, corruption risks and money laundering risks and have concerned China, Denmark, Ecuador, France, Hong Kong, Israel, Jordan, Latvia, Lithuania, Nigeria, Poland, Russia, Slovakia, Thailand, Ukraine and the United States.
Case published 22.2.2019
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
All cases

Latest insights

Article published 3.1.2025 – Real Estate Investments & Transactions Finland’s new Building Act entered into force at the beginning of 2025
Antti Kaakkola
Marius af Schultén
Elina Marttala
Helinä Teittinen
Jessica Salmia
Sonja Leinonen

Antti Kaakkola, Marius af Schultén, Elina Marttala, Helinä Teittinen, Jessica Salmia & Sonja Leinonen

 Article published 23.12.2024 Growth ahead
Sakari Lukinmaa

Sakari Lukinmaa

 Article published 30.10.2024 – Environment, Energy & Green Transition New siting permit for clean energy transition projects proposed for inclusion in the Building Act
Marius af Schultén
Helinä Teittinen
Jessica Salmia

Marius af Schultén, Helinä Teittinen & Jessica Salmia

 Article published 22.10.2024 – Corporate Crime & Investigations New Directive on sanctions offences to harmonise penalties for violating EU sanctions
Heidi Paalanen-Koev
Anna-Kaisa Remes

Heidi Paalanen-Koev & Anna-Kaisa Remes
Insights