What risks does a seat in the Board of Directors of a financially struggling company involve and ways to avoid and prepare for them.  Opening

A limited liability company may acquire and hold control of its own shares. The provisions relating to own shares are set out in the chapter

Trade secrets regulation was unified by the Trade Secrets Act, which came into force in 2018. In addition, the protection and secrecy of trade secrets

When an entrepreneur quits his business voluntarily, he usually seeks to sell his company. Often, however, the buyer wants to buy only the business, leaving

In this article demerger refers to the demerger regulated in Chapter 17 of the Limited Liability Companies Act (Companies Act, 624/2006). A demerger is a

With the objective of mandating employers to pay compensation to employees for all non-competition agreements, the Finnish Government has proposed amendments to the Employment Contracts

According to the Finnish Companies Act, a shareholder with more than nine-tenths (9/10) of all shares and votes in the company (the redeemer) has the

The Finnish employment law is based on the concept of contract employment, not at-will employment like, for example, in the United States. Henceforth, the parties

Managing Directors of limited liability companies are not considered to be employees and thus do not enjoy protection under the Finnish labour law. The Board

A summary of revisions FAI rules. This is how it should work in theory. I filed in January a Request for Expidited Arbitration under new rules. I