Environmental Liabilities & Remediation Actions

Environmental Liabilities & Remediation Actions

In real estate sales and purchases, it is important to allocate liability for soil and groundwater contamination.

Brownfield remediation is a key aspect of the redevelopment of old industrial sites. Let us help you find the best solutions to the environmental liability and remediation issues you may encounter in your business.

While the main rule is that the liability for restoring environmental contamination rests with the party that caused the contamination, it may be contractually hard to allocate the liability to that party or the responsible party may not be known. The contamination could also have be caused by activities that used to be legal or the responsible party could be insolvent. Our team has a broad experience of remediating and/or redeveloping brownfield properties and can provide you with effective counsel on the risks and challenges associated with the redevelopment and with the sale or purchase of such sites.

Our clients include municipalities, listed and other large companies, ministries, state-owned companies, government agencies, lenders and international law firms.

  • Negotiation of sale and purchase agreements
  • Applications for remediation permits and administrative compulsion processes
  • Legal environmental due diligence reviews
  • Liability-related disputes and settlement negotiations
  • Legal investigations of contamination, i.e. determining who is the polluter.

Latest references

United Bankers – Sale of three care properties
We advised United Bankers on the sale of three care properties to Kinland AS. The buildings were completed between 2021 and 2022 and meet high technical and environmental standards. All three properties are fully leased. The portfolio has a weighted average unexpired lease term of 13 years.
Case published 1.6.2026
Hiab acquisition financing
We are advising Hiab Corporation in the financing for its USD 1,035 million acquisition of Labrie Environmental Group, a leading North American refuse collection vehicle (“RCV”) manufacturer, from Wynnchurch Capital, L.P. Hiab Corporation (Nasdaq Helsinki: HIAB) is a leading provider of smart and sustainable on-road load handling solutions, with 2025 sales of approximately EUR 1.6 billion and approximately 4,000 employees, operating through a global network spanning over 100 countries. Labrie Group is a leading North American provider of RCVs, employing approximately 1,200 people. 
Case published 1.6.2026
We advised an international bank syndicate in a EUR 300 million revolving credit facility (RCF) for ICEYE, the world leader in sovereign intelligence from space. The bank-syndicate comprised Nordic and global banks, with Citi and Danske Bank acting as Joint Global Coordinators and Mandated Lead Arrangers. The RCF will support the issuance of guarantees for customer contracts, enable continued business growth, and serve as a liquidity backstop. 
Case published 21.5.2026
We are advising Terrieri Kiinteistöt Ky and A. Ahlström Kiinteistöt Oy in the sale of a modern production and logistics building complex to Swedish property investment company Catena AB. We are also assisting S-Bank Building Plot non-UCITS Fund which in connection with the transaction, has agreed to sell the land area where the building complex is located to Catena AB. The building complex located in the immediate vicinity of Helsinki-Vantaa Airport was completed in 2021 and comprises approximately 23,260 square metres of leasable area, fully leased to Cramo Finland Oy. The approximately 140,000-square-metre plot offers additional long-term development potential in the form of approximately 45,000 square metres of additional building rights.
Case published 21.5.2026