By William Sjoberg
A new Co-operatives Act will come into effect in Finland on 1 January 2014.
By Heidi Hiltunen
In case 2013:48, the Supreme Court set a precedent regarding the protection of directors against dismissal.
By Antti Karanko
As of 1 September 2013, the statutory venue for new civil IPR cases (IPR disputes, IPR petitions and IPR registration appeals) in Finland has been the Market Court. Previously, such cases were processed in civil courts (district courts, courts of appeal and the Supreme Court).
By Katrin Puolakainen
As of 1 September 2013, the Finnish Competition Act has a new addition—Chapter 4a.
By Mikko Laitinen
The EU directive concerning alternative investment fund managers known as the AIFM Directive came into effect in the EU and Finland on 22 July 2013. Based on the Directive, the only type of fund management not covered is, in practice, the type that involves UCITS funds.
By Tommi Härmä
The Finnish Consumer Protection Act was amended in June 2013.
By Kai Salonen
The Supreme Court has taken a position on the binding nature of a contract in a ruling 2013:47, in which the founding shareholder had, "during the construction stage", entered into the contract with the contractor in the name of the housing company.
By Sakari Aalto
The Market Court of Finland, in its recent decision, MAO: 198/13, rendered on May 7, 2013, ruled that a packaging of the plaintiff was not sufficiently known to the relevant audience to justify cease and desist order against the defendant using potentially confusingly similar packaging for their products, based on the Unfair Business Practices Act (1061/81).
By Tommi Elo
In the draft proposal for a new law on alternative investment fund managers, necessary to meet the requirements of the EU directive on AIFMs, the application process for authorization of AIFMs is shorter than in other similar application processes.
By Satu Sirén
In April 2013, the European Council adopted a Directive on Alternative Dispute Resolution and a Regulation on Online Dispute Resolution that, together, should offer all EU consumers equal access to consumer redress in all types of consumer disputes.
By Arttu Mentula
, Heidi Vakevainen
The new Competition Act entered into force in Finland on 1 November 2011, and it introduces a number of amendments to merger control provisions aimed at harmonizing the Finnish rules with EU rules.
By Heidi Karki
The Finnish Act on Co-operation within Undertakings mandates co-operation negotiations between employers and employees.
By Lavinia Husa
The Finnish Parliament is currently discussing a proposal for the amendment to the Finnish electricity and gas market legislation.
By Antti Karanko
The 100-year-old Arbitration Institute of the Finland Chamber of Commerce is currently in the process of revising its rules.
By Veli Siitonen
, Ari Keinänen
The Finnish Securities Market legislation has been reformed in its entirety at the beginning of 2013.