• Banking and finance

    HPP’s banking and finance specialists have wide-ranging experience in all types of financial transactions. Our client base ranges from international banks to Finnish start-up companies. Our expert services include structuring of and advising in connection with debt financing and loan facilities, equity-based financing and mezzanine type of instruments. HPP also advises capital and investment fund companies with respect to fund formation and connected regulatory issues on an on-going basis.

    Our financial expertise is based not only on the ability to consider legal issues, but also on practical business experience. A number of lawyers in our banking and finance team have in-house experience gained in the banking sector or from serving in positions of financial responsibility (such as serving as CFO) in both listed and private companies.

  • Banking and finance

    Debt financing

    Planning the debt structure of an M&A or real estate transaction and drafting the related documentation form part of our banking and finance team’s core competence. In addition to acquisition finance, our lawyers have a broad expertise pertaining to syndicated and other loan arrangements often based on LMA documentation, and we advise both senior and junior lenders and borrowers on a regular basis. We also have experience in preparing the standard terms and associated loan and security arrangements for domestic financial institutions.

  • Banking and finance

    Equity financing

    We assist clients in all types of equity financing and fundraising. Our expertise enables us to quickly identify the feasible fundraising options followed by effective structuring of a securities issue and implementing the transaction in a streamlined manner. Our equity financing team advises both investors and companies seeking capital on all aspects of structuring and documentation relating to share issues and other equity instruments such as warrants, conversion rights, other convertible instruments as well as capital loans. Our services range from the first fundraising of a start-up company to creating mechanisms for established large companies to return value to shareholders, for instance by means of a structured share buy-back scheme.

  • Banking and finance

    Mezzanine financing

    HPP’s banking and finance team regularly advise mezzanine finance providers and other active players, such as private equity houses, banks and other credit institutions, in connection with structuring and documentation of mezzanine instruments such as subordinated junior debt facilities attached with warrants or other types of equity-kickers. Our banking and finance lawyers have significant experience in and understanding of the finance behind mezzanine instruments so that we may address the special requirements of mezzanine investors, banks and other credit institutions and related parties in this particular world of hybrid financing. Lawyers in the banking and finance practice also work in close co-operation with our corporate advisory as well as insolvency and restructuring teams in order to support complex transactions involving debt restructuring and workaround arrangements and related mezzanine structures.

  • Banking and finance

    Project financing

    Successful completion of a project-financing assignment requires not only the mastering of the legal aspects but also comprehensive competence in the different phases and procedures of the relevant project. As the leading Finnish law firm in the field of infrastructure projects and real estate development, HPP has all the sector and industry experience required to effectively advice clients on the special characteristics of project financing.

  • Banking and finance

    Sale and lease back arrangements and leasing

    HPP’s banking and finance team regularly combine with HPP’s market-leading real estate practice to offer tailored advice on different types of sale and leaseback arrangements. Our banking and finance team also has experience in using sale and leaseback and leasing arrangements as a means of financing transactions and in project financing, for example in connection with the construction of a power plant.

  • Banking and finance

    Security arrangements and realisation of security

    Our competence in security arrangements is not limited to debt financing only – our experts also advise, for example, on matters relating to security arrangements required for environmental permits. In addition, we assist clients in issues concerning execution, perfection and enforcement of all types of security.

  • Banking and finance

    Ship and aircraft financing

    Owing to the significant regulation, financial arrangements concerning ships and aircrafts require an exceptionally detailed sector expertise and in-depth knowledge of the underlying business. As the leading maritime and logistics law firm in Finland, HPP is able to offer this rare combination to its clients.

  • Corporate advisory

    HPP regularly advises members of boards of directors, equity investors and senior management of both listed and privately-owned companies on day-to-day issues as well as unique and complex situations arising from the management and operation of a company or commercial organization. Many of our corporate advisory lawyers have gained significant experience working as in-house lawyers. Our approach and aim is to provide tailored, practical and creative solutions for situations which often require an urgent response and deep understanding of the underlining business strategy of the individual client.

    Working in close co-operation with lawyers from HPP’s other key practice areas, such as transactions, banking and finance, competition, environmental and dispute resolution, our corporate advisory team advises various company constituency groups on issues such as corporate governance and best practices, director’s duties, shareholder rights, internal risk management, compensation and incentive arrangements, corporate structuring and reorganisation, financial distress and solvency issues, dead-lock and management leaver situations. We also advise on other potentially controversial issues in connection with different shareholder structures and compliance programs, such as environmental and competition compliance as well as compliance with obligations affecting international operating companies (e.g. the UK Bribery Act 2010). Our lawyers also act as chairman or secretary at general meetings of both public and non-listed companies on regular basis.

  • Dispute resolution

    HPP has a long and extensive experience in all aspects of dispute resolution and particularly in managing broad-based and complex cases in the general courts and in arbitration proceedings. Many of our attorneys are qualified arbitrators and regularly act as arbitrators in international arbitration proceedings.

    As in all our activities, our aim is to find the most sensible solution for the client’s business operations. In most cases, the primary goal is to find a solution involving appropriate settlement. Achieving a successful outcome for the client requires a combination of competence in court proceedings, thorough preparation including becoming familiar with the specific factual and legal aspects of each case and a skilful and persistent presentation of the client’s case at the relevant hearing.

    Lawyers in our dispute resolution team combine their outstanding dispute resolution competence with an in-depth understanding of the specific industry sectors. HPP is a considered a first-tier firm in Finland in the area of maritime, transport, insurance, environmental and competition law disputes. We also have a strong track record of commercial, contract, labour, technology and IPR disputes. When acting in disputes with a multi-jurisdictional element, HPP engages only leading lawyers in the relevant jurisdictions.

  • Dispute resolution

    Other damages claims

    At the core of our dispute resolution practice are also different broad-based damages claims. Most cases involve disagreements concerning commercial agreements, but we have also handled exceptionally complex product-liability disputes where the ability to handle wide-ranging aspects as an integrated whole is key.

  • Environment and permit applications

    Environmental law, along with land use and construction, are areas in which HPP is the leading provider of legal services in Finland. HPP has one of the largest dedicated environmental teams in Finland which specialises in all aspects of the environmental and construction sectors. Over several decades, we have developed innovative solutions to our clients’ environmental issues.

    We have a deep understanding of the sector and our clients’ fields of operation, business and processes. Consequently, we represent clients from industrial and commercial property clients to public entities and trade organisations. Our clients include leading operators in the forestry, metal, chemicals, energy, food, waste management, logistics and mining sectors.

    Typically, we assist our clients from the very beginning, starting with the planning stage of a project. We continuously keep track of legislation central to our clients’ interests including assisting them with monitoring their interests at the legislation drafting stage.

    HPP has also assisted Finnish government departments and legislators in emerging economies with the drafting of their environmental law regime. In M&A, real estate and finance transactions, where environmental aspects and additional investments are of central importance, HPP is well-placed to assess and assign value judgment to risks and provide solutions taking environmental law issues into consideration.

  • Environment and permit applications

    Environmental impact assessment

    Environmental impact assessment is a weighty factor in the largest industrial, excavation, energy, mining and infrastructure projects. Our experience includes advising on the majority of the most significant projects implemented in Finland.

  • Environment and permit applications

    Environmental protection

    Environmental permits include permit regulations affecting the economy of the operations by including provisions on, for example, minimising the impact on nature, monitoring and post-operations maintenance of the relevant areas. Environmental permit procedures also involve the preparation of permit regulations using the best available techniques at a certain point in time. Frequently, parties have different views of the nature and quantity of collateral security arrangements required for an environmental permit, too. HPP advises industry and business operators on applying for environmental permits and represents clients with regard to any subsequent applications for judicial review in administrative courts. We assist in several dozens of environmental permit applications annually.

  • Environment and permit applications

    Natural resources and water

    Our environmental group also deals with issues arising from the application of natural resources and water law. Water and groundwater withdrawal and extraction of earth material require water resources management and earth-material extraction permits. We provide assistance to industrial operators, water supply facilities and those engaged in excavation work in applying for these permits. Other water resources management projects (hydraulic construction, drainage, regulation, ditch drainage) and hydropower-related permits, expropriation and compensation are also among HPP’s environmental group competence. Any restrictions concerning the protection of forest resources should be considered prior to felling, and our specialists provide assistance with regard to determining the obligations concerning different areas.

  • Environmental liabilities

    Environmental liabilities is an area in which HPP has comprehensive experience and expertise on all procedures related to contamination and any negotiation for a settlement under public, as well as civil law. Our experts are experienced in providing advice with regard to different types of projects related to land area use, real property development and infrastructure, in which the obligations concerning species protection and Natura areas need to be reconciled with the aims of the project. HPP has also assisted Finnish government departments and legislators in developing economies in the drafting of environmental law policies and regimes.

    In M&A and other transactions in which environmental aspects and additional investments are of vital importance, HPP is well-placed to assess and assign value judgment to risks and provide solutions that take these issues into consideration with respect to the arrangements. We have vast experience in environmental liabilities and permit obligations in bankruptcy and insolvency situations, among others. We also provide advice to lenders and investors with respect to potential lender liability. HPP also assists clients in significant criminal environmental matters.

  • Environmental liabilities

    Chemical legislation

    HPP provides legal services for the comprehensive management of legislative obligations relating to chemicals. We continuously follow the rapidly developing European chemical legislation and offer our clients updates and compliance programmes. Our services include, for example, conducting a survey of the obligations and the necessary registrations and notifications and also the management of information exchange and cooperative arrangements. In addition, we assist clients with matters involving chemicals supervision, candidate listings, permit procedures and complaint processes. HPP also provides assistance with respect to issues regarding classification, labelling and packaging and with respect to the special obligations regarding biocides. In addition, we advise our clients on permit and zoning issues regarding chemical safety (concerning the obligations under the SEVESO II Directive, among others).

  • Environmental liabilities

    Environmental crimes

    The authorities continue to focus increasing attention on the penal liability of companies and executives in environmental matters. The responsibility may be associated with, for example, exceeding the emission limit values provided in an environmental permit, contaminating the environment or environmental crimes. HPP continuously assists clients in significant environmental crime matters.

  • Environmental liabilities

    Environmental liabilities in insolvency situations

    Environmental liabilities play an important role in the event of insolvency of an entity which is obliged to obtain an environmental permit or otherwise engaged in an activity that has an environmental impact. HPP has ample experience in environmental liabilities and permit obligations in bankruptcy and insolvency situations, among others. We also provide counsel to lenders and investors with respect to lender liability issues.

  • Environmental liabilities

    Environmental liabilities in transactions

    Environmental liability issues, such as those pertaining to soil or ground water decontamination or the compliance with and distribution of environmental permit obligation, often become relevant in connection with corporate acquisitions and other transactions. Our experts assess the potential for expansion and the environmental obligations arising from investments, ensuring that the added value sought by the arrangement may be achieved. HPP also has significant experience in assessing the environmental aspects of outsourcing arrangements and providing suitable solutions to them. As part of the due diligence carried out in connection with transactions, we also carry out a legal environmental due diligence review where needed. Clients frequently choose HPP as their counsel when the acquisition or other transaction involves significant environmental aspects.

  • Environmental liabilities

    Soil / ground water / sediment / structures

    Activities that have an environmental impact are frequently accompanied by a risk of soil, ground water, sediment or structures contamination. Where contamination has occurred, in many cases decontamination obligations become relevant either by operation of public law, tort or contract law. HPP has comprehensive experience and expertise in all procedures related to contamination and negotiation for a settlement under public, as well as civil law. Contamination and decontamination related matters also frequently require an environmental science- or technology-based understanding of decontamination techniques and contamination – which our specialists have gained through their considerable practical experience.

  • Environmental liabilities

    Species protection and natura 2000

    Species protection as part of environmental protection legislation refers to protection pursuant to the Birds Directive and Habitats Directive under EU law, and also to protection of protected and threatened species, as well as those under special protection, pursuant to nature conservation legislation. The Natura 2000 network, which is based on EU law, may have a significant impact on projects to be implemented in the vicinity of areas belonging to the network. Our environment team is experienced in providing advice with regard to different types of projects related to land area use, real property development and infrastructure in which the obligations concerning species protection and Natura areas need to be reconciled with the project.

  • EU and competition law

    HPP is one of the leading competition law firms in Finland. We provide our clients with solution-oriented service concerning any issues related to competition law. Our competition law practice is experienced in considering a case from various aspects, including dispute resolution, business needs of the client and any regulatory or enforcement risk.

    Our experience includes acting as authorised representatives on two of Finland’s largest cartel cases involving the forestry and infrastructure sectors. HPP also has strong sector-specific experience in the pharmaceutical, transport, media, food, ICT, air traffic, construction and energy sectors.

    HPP’s competition lawyers regularly give lectures at seminars focusing on EU and competition law and train client companies and trade organisations on the importance of and compliance with competition regulations. We provide training packages to clients on competition law issues such as vertical agreements, cartels, compliance programmes and public procurement. These are tailored to meet the individual needs of companies and trade organisations and form an integral part of the service we offer.

  • EU and competition law

    Cartels and other cooperation between competitors

    We have several years’ experience in litigating cartel trials concerning the exchange of price information, tenders and other information. Our experts provide advice ranging from negotiations with competition authorities (including leniency applications) to any related court proceedings. Additionally, clients can rely on our realistic and practical advice when deciding on how to address any situations where their operations may be adversely affected by cooperation between competitors. Training seminars at trade organisations and compliance programmes tailored for client company management and personnel also play an important role in our service offering.

  • EU and competition law

    Competition law damages claim

    The contentious aspects of competition law have become an essential part of HPP's competition practice. Our competition law experts, in cooperation with the firm’s experienced dispute resolution lawyers, represent clients in proceedings at all levels of the Finnish court system, including cartel damages and price-fixing damages claims as well as claims relating to abuse of dominant position and restrictions on competition.

  • EU and competition law

    Compliance

    HPP experts have drafted numerous compliance programmes and audited Finnish listed, private and state-owned companies. In addition, we conduct self-assessments related to the legal exemption (Article 101 (3), section 5 of the Act on Competition Restrictions) concerning the compliance of planned cooperation arrangements with competition law.

  • EU and competition law

    Dominant market position

    As part of determining a dominant market position, HPP advises clients on defining relevant product-specific and geographic markets. We advise dominant companies on the execution of effective business operations and strategies and assist in drafting and checking enforceable contractual terms and, in particular, pricing and discounting systems. We also advise on all regulatory and contentious aspects of any investigations in abuse of a dominant position.

  • EU and competition law

    Eu competition law

    HPP has acted on critical cases in the context of EU state aid supervision processes. Our extensive experience features providing advice on the contentious aspects of the free movement of goods, other fundamental EU freedoms, state monopolies and public restrictions on competition. We have drafted numerous reports and statements on EU competition law and the law of the internal market and their application and interpretation for companies, trade organisations and public authorities in Finland.

  • EU and competition law

    Merger control

    HPP has acted as counsel on numerous large-scale/high-value merger control processes in Finland and the Baltic countries. In this regard, we have negotiated several commitment packages concerning the conditional approval of corporate acquisitions by the relevant competition authority. We have also advised on several corporate acquisition notifications submitted to the EU Commission.

  • EU and competition law

    Vertical agreements

    HPP regularly advises clients with regard to drafting various vertical agreements, including distribution, supply and subcontractor agreements. We also advise clients on competition law aspects of these agreements, such as group exemption regulations. We also offer training tailored to our client's needs concerning the application of competition legislation regarding vertical agreements.

  • Infrastructure projects

    HPP offers comprehensive legal services with respect to the most demanding infrastructure projects. We have provided assistance in a majority of the most significant infrastructure projects in Finland. By way of example, we provide advice to the extractive and energy industries as well as harbour, motorways and other roadways and airport operators.

    HPP offers the projects a tailor-made group of experts with first-rate competence and expertise in the field. Our environmental group is supported by experts from HPP’s maritime and transport law, competition law, procurement legislation, banking and finance as well as transactions and corporate advisory teams.

  • Infrastructure projects

    Energy

    HPP’s expertise includes the range of sectors within the energy industry. We assist our clients in projects related to heat and power plants, wind and hydro power and other renewable energy sources, waste incineration, waste-to-energy projects and nuclear power projects. Our expertise covers legal issues related to electricity, district heating and cooling, and also to energy transmission and distribution networks. We advise clients in relation to often demanding power plant and investment projects, land use and environmental projects, including providing advice with regard to competitive positioning. We also advise our clients on a regular basis on issues of contractual liability and damages relating to these projects and assist clients in energy dispute resolution proceedings. HPP has a long experience of handling assignments related to emission trading and other CO2-related projects.

  • Infrastructure projects

    Harbour operations

    HPP has provided assistance with regard to some of the most prominent harbour projects in Finland. We have a deep understanding of harbour business operations and its special environmental characteristics. We have extensive experience in handling harbour-related environmental matters, company acquisitions and other transactions as well as liability issues. We also advise clients in other types of hydraulic construction projects (including waterway channel projects and dredging).

  • Infrastructure projects

    Mining operations

    HPP is among the leading legal advisors with regard to mining and mineral exploration in Finland. We offer a full range of legal services required for the establishment and successful implementation of a mining project. By way of example, we assist our clients in obtaining rights, preparing agreements (such as option, cooperation and royalty agreements) as well as establishing and incorporating businesses. We also provide advice during different phases of financing and in cross-border acquisitions and other transactions in connection with mining projects. We also act in landowner negotiations and indemnity proceedings, environmental proceedings required for the project, logistics solutions and advising in safety-related matters.

  • Infrastructure projects

    Transport infrastructure projects

    HPP has a considerable experience in legal issues arising from the construction of motorways and other road constructions projects. We have assisted clients, for example, with regard to overall planning, as well as road plans related to road construction projects. We also have experience in solving nature protection and land ownership conflicts with respect to traffic routes, and we assist our clients also in legal issues concerning shipping fairways and channels as well as other maritime and aviation traffic routes.

  • Insolvency and restructuring

    For several decades, HPP has been one of the leading experts in insolvency law and an active participant in developing insolvency legislation in Finland. HPP regularly represents both domestic and international clients in different types of insolvency and restructuring situations. Our lawyers act on a regular basis as bankruptcy trustees and have solid experience in performing the duties of official receiver and supervisor in corporate restructuring processes as well. HPP’s insolvency and restructuring lawyers also have a strong experience in handling voluntary debt restructurings and private workouts and our lawyers often lead connected negotiation processes.

  • Insolvency and restructuring

    Bankruptcy proceedings

    HPP’s lawyers regularly act as bankruptcy trustees in relation to bankruptcy estates, in particular where the trustee is required to have competence in specific fields of law and business. Our client base includes banks, other credit institutions, pension companies and public corporations.

  • Insolvency and restructuring

    Corporate restructuring

    HPP has a significant expertise and experience in performing the duties of official receiver and supervisor in connection with corporate restructurings. Successful completion of a corporate restructuring requires commercial competence as well as strong legal competence. In addition to having a degree in law, several of our lawyers are also educated in economics and business administration and have work experience in business, accounting and finance.

  • Insolvency and restructuring

    Creditors’ rights and supervision of interests

    HPP frequently represents both Finnish and international companies in situations where the company’s customer has or is about to become insolvent and the payment of the client’s receivables may be jeopardised. We usually represent our clients at creditors’ negotiations and proceedings relating to bankruptcy and corporate restructurings and voluntary workout arrangements and we attend related creditors’ committees on regular basis.

  • Insolvency and restructuring

    Voluntary debt restructuring and workouts

    HPP lawyers have particular experience in handling voluntary debt restructurings including leading the negotiations concerning private workouts. Voluntary debt restructurings aim to reach, by means of negotiation, a quick solution acceptable to creditors, the indebted company and its shareholders to ensure maximum recovery of the creditors' receivables, the viability of the company and the motivation of management to continue to develop the company’s business operations. Lawyers in our insolvency and restructuring team regularly cooperate with our corporate advisory and banking and finance teams in order to provide tailored, practical and creative solutions that work in distressed finance situations which often require an urgent response.

  • IP and technology

    HPP’s IP and technology team aims to guide its clients through the fast-moving and rapidly-developing world of information technology, electronic business, communication and services. Our clients either produce and sell IP or technology-related products or services, primarily in the software, technology, telecommunications, logistics and pharmaceutical industries or are clients which rely on technology in their own business interests.

    Our IP and technology team is experienced in assisting clients at all levels of their respective industries and all stages of their lifecycle from technology start-up through commercialising new technology products to taking their technology business international to realising the value of their business through an exit strategy. Our IP lawyers are experienced in advising clients in the creation, registration and exploitation of different types of intellectual property rights which form a valuable part of a company’s business strategy and assets.

    Depending on the matter, in advising our clients on IP and technology issues the HPP team will consist of IP and technology lawyers with specific knowledge of IP and technology law issues such as technology and software licensing, system delivery or outsourcing, as well as other relevant legal expertise such as technology transfer and competition law, banking and finance and dispute resolution.

  • IP and technology

    Intellectual property rights

    Our IPR lawyers are skilled at assisting clients in protecting, utilising and exploiting their company intellectual property rights which, in many cases are one of the most valuable assets a client company possesses. Our knowledgeable IP lawyers work in conjunction with our client’s technical and sales and marketing teams to ensure that the client’s business strategy and roadmap for development are executed in the most risk-free and commercially profitable manner possible and to protect the often sizable investments which may have been made to develop the relevant IPR. In addition to traditional aspects of an IPR lawyer’s daily caseload comprising know-how, copyright, trademark or patent licensing matters, our lawyers also devise bespoke training packages for company management concerning the issues arising from managing an IP portfolio as well as conducting significant litigation relating to patent infringement and brand protection. We also handle assignments concerning trademarks, business names and design registration and regularly cooperate with patent attorneys. By its very nature our IPR work often involves a multi-jurisdictional element in which HPP acts as lead counsel obtaining advice on the local differences in IPR law in foreign jurisdictions.

  • IP and technology

    IPR disputes and litigation

    HPP manages disputes and prosecutes cases relating to intellectual property rights. In addition to matters pertaining to employee invention rights and compensation, typical trials include disputes concerning violation of immaterial property rights or disputes over proprietary rights or invalidation of IPR. In IPR disputes, our litigation experts combine their deep dispute resolution competence with in-depth substance-related knowledge of the lawyers in our IP and technology team. We have a strong track record in dispute resolution related to technology and IPR, and we represent established companies from sectors such as technology, metal, telecommunications, retail brands, media and pharmaceutical industries, among others. Understanding the technology in these industries enables us to support our clients in reaching the best possible end result in trials and settlement negotiations.

  • IP and technology

    IT agreements

    HPP serves clients on a regular basis in the drafting and negotiation of contracts related to technology and IT products and services, including software license agreements, data system delivery contracts and maintenance and development agreements. Proper protection of copyrights and other IP rights is central to technology commercialisation. The impact of competition law on the terms of technology agreements relating to technology licensing and distribution, research and development projects and technology transfer (in particular the impact of the relevant EU Block Exemptions relating to these areas) is of vital importance to our IP and technology lawyers and they interact on a regular basis with our leading competition law team to ensure clients’ business operations are compliant and run with minimum risk.

  • IP and technology

    Privacy and data protection

    As organisations process various personal data concerning their employees or clients, it is important that the key principles of privacy protection are understood and data processing is appropriately organised. Data protection also plays a key role when employees and customers are offered electronic communication services or other services to be implemented in an electronic environment. As a market-leader in this area, HPP offers specialist advice to enable clients to develop trust towards their employees and customers in the processing of their personal data, as well as data concerning the use of electronic communication. Our clients operate in the retail, technology, logistics, pharmaceutical and energy industries, among others. The competence of our specialists in managing industry-specific regulation, combined with knowledge of the client’s operating environment, facilitates appropriate and effective organisation of practices related to processing personal data and electronic communication by our clients. Our privacy and data protection services include both larger compliance projects and assisting with problem situations concerning individuals related to privacy and data protection. In matters pertaining to processing personal data, we also regularly assist clients in negotiations with the office of the Data Protection Ombudsman. Our experience has shown that these kinds of negotiations are extremely useful in planning improvements to clients’ privacy protection policies and processes.

  • IP and technology

    Trade secrets

    As part of HPP’s data protection advice, we assist clients in issues concerning the protection of trade secrets. An essential part of the service is ensuring that our clients’ trade secrets can be maintained in different contractual relationships. In addition, we assist clients in trials concerning the protection of trade secrets and other legal processes preceding the trial.

  • Life sciences

    HPP’s specialists have many years of experience in the specific legal issues arising in the life sciences sector and significant sector-specific experience in the pharmaceutical, biotechnology and health care industry. HPP’s market-leading advice can be integrated as part of the business and service processes of companies operating in these industries. As a demonstration of the level of our expertise in this field, our lawyers have won awards for their advice to clients in this sector.

  • Life sciences

    Biotechnology

    HPP serves biotechnology companies in the early stages of their development, as well as those that are more well-established, with regard to industry-specific issues and also assignments related to overall business operations. At the research and development stage, we assist in different contractual arrangements, identifying innovations, protecting intellectual property rights and in permit procedures. Commercialisation of research results and products may require, depending on the method of commercialisation, license agreement negotiations, financial arrangements, setting up the necessary corporate structures, IPR due diligence processes and examinations of technology portfolios, among others. We also advise clients on product liability issues and trials. Our specialists have many years of experience concerning the special legal considerations relating to the scientific and applied research in the field and the commercialisation of technology. We have worked with business experts, researchers, patent agents and valuation consultants as part of different specialist assemblies in projects aimed at technology commercialisation and in Finnish and international research projects.

  • Life sciences

    Health care

    HPP advises both private and public sector operators on legal issues concerning health care. We assist clients, for example, in patient care and privacy protection matters and health care professionals’ obligations and liabilities. We also give healthcare units advice on issues concerning employment and service relationships and public procurement. In handling the assignments, we combine the competence of our experts in different areas of law, for example employment, competition law and data protection specialists to the extent required by the client and the type of assignment.

  • Life sciences

    Pharmaceutical sector

    The pharmaceutical sector is regulated in great detail both at an EU and national level. A mastery of this regulatory regime is a prerequisite for successful business operations. Our clients are primarily well-known global pharmaceutical companies and brands. We serve clients in all core areas of pharmaceutical law from clinical trials to the marketing of pharmaceutical products and issues concerning hospital dispensaries. A central part of our services consists of Market Access matters related to the pricing of pharmaceuticals and the recoverability of expenses from the Social Insurance Institution of Finland – Kela. As both patents and the application of competition rules play a central role in the pharmaceutical industry, our IP and competition lawyers are frequently consulted in relation to pharmaceutical matters.

  • Real estate and construction

    HPP advises on a range of legal issues pertaining to the life cycle of a real estate. Expertise in the fundamentals of real estate law combined with our other services, such as environmental and zoning law, enables the comprehensive identification and management of the risks, liabilities and opportunities with regard to real estates, thereby allowing us to deliver added value for our clients.

    We have established ourselves as one of the leading law firms in Finland representing real estate investors, developers and users in different types of assignments and projects related to real estate and construction. In addition to business and office space, HPP has extensive experience with regard to industrial real estates and facilities. We have established solid relationships with the leading technical advisors and our real estate and construction team regularly cooperates with such advisors in various real estate projects.

  • Real estate and construction

    Building conservation

    Conservation of a building can be included in the plan provisions or issued as separate conservation orders. Obligations related to building conservation may present an obstacle, or in practise hinder the use of affected real estate. For this reason, conservation issues should be taken into consideration in real estate transactions and development projects. We have assisted clients in conservation-related issues as part of different types of real estate transactions, and also in separate assignments.

  • Real estate and construction

    Construction and contract disputes

    Implementation of construction projects involves various permit procedures in which we advise our clients. HPP drafts and negotiates various construction agreements for such projects and procedures. Construction projects do not always materialise as planned, resulting in a conflict between the parties. Our dispute resolution team regularly represents clients in arbitration proceedings concerning construction agreements. Our client base consists primarily of developers, including industrial entities and public sector developers of various infrastructure projects, in addition to commercial property developers.

  • Real estate and construction

    Contamination

    Soil decontamination costs may result in considerable expenditure that may fall on the owner or other holder of the real estate. We routinely take contamination and related risks into account in real estate transactions and development projects. Further, we have established ourselves as a leading Finnish law firm in handling civil and administrative court proceedings related to contaminated real estates. Our client base consists of leading industrial enterprises in different sectors as well as companies in the oil industry.

  • Real estate and construction

    Expropriation

    Expropriations are frequently related to socially important industrial and infrastructure projects. Expropriation procedures constitute a specialised legal field of their own, frequently accompanied by considerable financial interests and conflicts. In recent years, we have participated in several significant expropriation projects in Finland, representing landowners and industrial entities.

  • Real estate and construction

    Land use planning and zoning

    HPP represents the leading expertise in the legal issues related to land use planning and zoning. We participate in zoning projects as advisors to both the public and the private sector. As a result of longstanding cooperation, we have first-rate business relationships with many land use planning authorities and technical consultants. As a result of the planning hierarchy (regional plan, local master plan, city plan) and wide-ranging complaint opportunities, zoning projects are often prolonged or otherwise challenging in terms of project planning. For this reason, we make an effort to influence zoning in a proactive manner at the preparatory stage, resulting in fundamentally achieving the best possible end result with regard to the client's goals. When proactive influence is not possible, we advance our clients’ projects through legal proceedings in regional administrative courts and the Supreme Administrative Court. We also determine the risks and opportunities concerning zoning with regard to property restructuring and development projects. HPP regularly participates in the preparation of zoning-related land use agreements between municipalities and landowners concerning the reservation areas for different purposes of use; we also prepare plan implementation agreements.

  • Real estate and construction

    Real estate formation

    Legal issues relating to real estate formation may present problems in terms of future use and development. Our market leading real estate lawyers are renowned for the ability to offer feasible solutions in connection with real estate formation, in particular when there are issues which may affect the future use and development of real estate.

  • Real estate transactions

    HPP regularly advises on different types of real estate transactions, including M&A deals concerning real estate companies, direct real estate acquisitions and disposals as well as different sale and leaseback arrangements. Our real estate lawyers have extensive experience in the fundamental issues of property law (including real estate formation and easement). Expertise in this area, along with corporate and contract law, is a prerequisite for a successful completion of a real estate transaction. Furthermore, our real estate team has extensive experience in undertaking due diligence in relation to real estate transactions.

    Our real estate transactions client base consists of both Finnish and international players. Assignments primarily concern business, office, logistics and industrial properties in different sectors. We handle all types of real estate transactions concerning both individual real estates as well as more extensive property portfolios.

  • Real estate transactions

    Finance and collateral security

    Finance and security issues are an integral part of property restructuring, in particular in extensive projects involving several targets. HPP’s experts have participated in several types of property restructuring, preparing financial and security agreements.

  • Real estate transactions

    Leasing arrangements

    HPP regularly assists clients with regard to the daily use of real estate, including drafting of agreements concerning real estate lease arrangements and related negotiations. Leasing issues regularly arise in different types of real estate transactions as well. The importance of environmental issues related to the use of real estate is increasing, and owing to HPP’s expertise in environmental law, we are also the leading experts in Finland in developing what are known as Green Leases.

  • Real estate transactions

    Real estate development projects

    HPP participates on a regular basis in different real estate development projects which may include developing targets or altering the purpose of use of existing targets. The wide-ranging competence of our lawyers in different aspects of real estate development, including zoning, financing and taxation, enables the timely identification of risks and opportunities associated with a real estate development project. Our client base consists of domestic and international property developers and tenants, including international retail chains and an international hotel chain.

  • Real estate transactions

    Real estate funds

    Real estate funds, which constitute a particular form of real estate holding, may be a feasible structure in case of several real estate investors. HPP’s experts have extensive fund-related competence and we have participated in the structuring and formation of several real estate funds operating in Finland and abroad.

  • Real estate transactions

    Taxation

    Real estate transactions, development and use include several aspects related to tax law which should be taken into consideration during the planning stages in order to achieve a financially viable end result. Depending on the client’s needs, we often include also our tax expertise in our real estate engagements and projects in order to minimise the exposure and risks and to optimise the benefits.

  • Transactions

    HPP has extensive experience in advising domestic and foreign companies, private equity houses, institutional investors as well as public institutions and government bodies in complex transactional work encompassing mergers, acquisitions, disposals, spin-offs, de-mergers and share exchange arrangements. Whether it is a strategic acquisition, add-on/bolt-on, a buy-out or restructuring of corporate group in connection with a finance workaround, HPP ensures that an appropriate level of competence and resources are available to suit the size, complexity and value of a specific transaction by putting together multi-disciplinary teams from across the firm’s practice groups.

    From the kick-off meeting, through the due diligence and negotiation process to completion and post-closing integration work, HPP’s experienced transactions team is renowned for its hands-on senior involvement and the ability to ensure that the legal transaction process is clear, streamlined and easy-to-understand for the client, allowing the client to devote its attention to the commercial and other issues relevant to the transaction. Regularly involved in cross-border transactions, our lawyers have completed a significant number of deals across a vast range of sectors with a particular focus on energy and environmental, service business, software and IT, retail, technology and infrastructure.

    In providing its clients a fully integrated service, HPP’s transactions team draws from other key areas of the firm’s practice. These include the firm’s outstanding competition practice, which assists on issues such as merger control and with notifications to competition authorities, and the firm’s renowned dispute resolution practice. HPP’s dispute resolution lawyers have represented clients in numerous arbitration proceedings – sometimes lasting for several years – involving complex disputes over liabilities arising from mergers, acquisitions and disposals of companies. Owing to the international background of our dispute resolution and transaction lawyers, HPP has an in-depth understanding of the issues involved in and complexity of interpreting international documents in a Finnish law context thereby combining two of our key strengths, M&A and dispute resolution.

  • Transactions

    Joint ventures

    HPP regularly assists its clients in establishing joint ventures in key sectors such as energy and renewable energy, mining, technology and pharmaceuticals. Joint venture projects often involve sector-specific issues and require sector-specific knowledge as well as legal specialisms including licensing or technology transfer issues and joint venture related competition questions. HPP puts together multi-disciplinary teams from across the firm’s departments to provide the client comprehensive and business-focused advice with a view to ensuring that there are appropriate corporate and contractual mechanisms in place for the efficient on-going management and control of the joint venture and for achieving the client’s strategic aims and goals.

  • Transactions

    Outsourcing

    When it comes to outsourcing business operations, HPP is among the leading law firms in Finland. In addition to drafting the outsourcing agreement, we advise on essential related issues pertaining to labour and competition law and we have been involved in several extensive ICT outsourcing arrangements for the top 30 Finnish companies.

  • Waste management and recycling

    Waste regulation impacts on the majority of economic and industrial operations. HPP acts on numerous waste-connected matters and transactions every year. Having worked with a number of industry leaders on a long-term basis, we possess significant knowledge of the operating environment in the waste sector.

    We also have expertise in competition law issues connected with waste sector as well as procurement legislation and obligations ancillary to state support. In particular, we have provided services to municipal waste companies and also to the packaging and metal recycling industries.

  • Waste management and recycling

    Competition and procurement

    Municipally handled waste management is characterised by specific competition and procurement related issues. HPP has a good understanding of the waste management market and assists clients regularly in issues regarding competition within the sector as well as in procurement procedures.

  • Waste management and recycling

    Landfills

    Placing waste in a landfill involves various legal issues, starting with the establishment of a landfill, followed by the placement of waste in the landfill, landfill technology, using the landfill, and finally, closing the landfill and conducting post-operation follow-up. Waste to be placed in a landfill must fulfil certain conditions of eligibility, both general and those set in the landfill's environmental permit. Landfill construction contracts require the ability to manage the particular characteristics of the trade. HPP has extensive experience in handling different landfill-related assignments, which in addition to legal expertise also require an understanding of landfill technology. We assist clients in all legal issues concerning landfills and final disposal.

  • Waste management and recycling

    Mineral waste

    HPP specialises in legal issues related to mineral waste arising from extractive industry activities (in particular the mining industry) and the placement of such waste. We serve representatives of the extractive and excavation industries and the waste sector in all issues pertaining to mineral waste and drafting waste management plans for such waste.

  • Waste management and recycling

    Producer responsibility

    Producer responsibility is a mandatory obligation provided by law requiring manufacturers and importers of certain products (including packaging, paper, tyres, cars, batteries and electronic appliances) to arrange the waste management of their products at their own cost after the products are no longer used. The Waste Electrical and Electronic Equipment (WEEE) Directive and the Restriction on the Use of Certain Hazardous Substances in EEE (RoHS) Directive impose substantial legal obligations on the handlers and manufacturers of electric and electronic appliances. HPP advises clients on all WEEE-related issues. We are key participants in legal processes pertaining to the interpretation of producer responsibility legislation and in the development of said legislation.

  • Waste management and recycling

    Recycling

    HPP advises on matters related to the recycling-sector operating environment and its special interests on an ongoing basis. We serve clients in the recycling sector on a range of issues, handling assignments pertaining to waste, chemicals, points of service, and waste transfers, among others. We have also handled zoning and environmental permit matters relating to industrial sector facilities.

  • Waste management and recycling

    Waste and by-products

    In addition to EU law, defining boundaries between what constitutes and what does not constitute waste has emerged as one of the most central legal issues relating to waste management and the industrial sector. The classification has a significant impact on the environmental obligations that apply to these activities. HPP has a broad experience in matters concerning waste, by-products and hazardous waste (dangerous waste) and in monitoring the interests of our clients.

  • Waste management and recycling

    Waste tax

    Waste tax is levied primarily on waste to be placed in public landfills. However, industrial waste management in particular is subject to numerous exceptions. HPP assists clients in all legal issues arising from waste management, and has also represented different industry players in supervising their interests with regard to waste tax and in legal proceedings. We also provide assistance with regard to issues related to other steering mechanisms concerning environmental economics, such as beverage packaging tax, municipal waste fees and oil waste fees.