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New statute amends Bankruptcy Act

Finland - August 16 2019 The Bankruptcy Act has been amended by a statute which came into force on 1 July 2019. The amendments aim to simplify and accelerate bankruptcy

Third stage of Transport Code and e-CMR protocol

Finland - July 11 2018 The main aims of the Transport Code are to create a growth environment for digitalisation and promote transport business by deregulation. Due to the

Bankruptcy estate's liability for maintenance charges

Finland - May 27 2016 The Supreme Court recently set a precedent (KKO 2015:103) regarding the liabilities of a bankruptcy estate in a case that concerned maintenance

Helsinki Appeal Court on carrier's liability for loss of pharmaceuticals

Finland - December 6 2017 Correct temperature is vital to maintaining the feasibility and effectiveness of pharmaceuticals throughout their lifecycle, including during

Validity of legal expenses insurance

Finland - December 20 2016 The validity of legal expenses insurance can be problematic when ending business activities

New statute amends Bankruptcy Act

Finland - August 16 2019 The Bankruptcy Act has been amended by a statute which came into force on 1 July 2019. The amendments aim to simplify and accelerate bankruptcy

Bankruptcy estate liability for mutual real estate company's maintenance charges

Finland - April 19 2019 The Eastern Finland Court of Appeal recently ruled on a bankruptcy estate's liability for a mutual real estate company's maintenance charges. This

Security value of floating charge in restructuring - latest precedent

Finland - November 30 2018 In January 2015 two Supreme Court precedents indicated that assets subject to floating charges should be valued at their feasible liquidation value

Do statutory maritime liens cover costs associated with general average contributions?

Finland - September 19 2018 The Eastern Finland Appeal Court recently assessed whether a statutory maritime lien over cargo also covers the costs associated with a general

Third stage of Transport Code and e-CMR protocol

Finland - July 11 2018 The main aims of the Transport Code are to create a growth environment for digitalisation and promote transport business by deregulation. Due to the