Real Estate Collaterals and Debtor's Bankruptcy in Finland

Immovable property (e.g. real estates) constitutes in Finnish bankruptcy proceedings often financially substantial element of the assets of a debtor company and the financial capacity of the debtor company is usually secured with a real estate collateral to protect the rights of the creditor.

The GDPR or: How I Learned to Stop Worrying and Love Data Protection


Globalisation and swift technological developments over the last decades have brought new challenges for the protection of personal data. Modern technologies allow both private and public entities to offer individuals a myriad of ways to distribute and use their personal data. The growing desire of individuals to make use of their personal data has led to widespread sharing of data to service providers in both the private and the public sector.

Maria 01 opens the doors for the first trusted legal advisors

Maria 01 is a 10 000 m2 space in the buildings of the old historical Maria hospital. It is a perfect place to meet similar-minded peer startups and tech entrepreneurs, and trusted advisors, who are helping the companies to grow.

3-Step Guide to a Startup IPR Strategy

Creating a smart intellectual property strategy can be a significant success factor for a startup as it is to many more established organizations.

Many real-life examples of our startup and growth company clientele have demonstrated that commercialization and protection of Intellectual Property Rights (IPR) are critical success factors.

Mäkitalo at Vaasa EnergyWeek 2017

The international energy event, Vaasa EnergyWeek, was organized for the sixth time at the end of March 2017 in Vaasa, Finland and Mäkitalo took part as it has for many years running! The annual event covers many topical energy related areas and boasts a variety of program items ranging from seminars, lectures, exhibitions and networking events. This year the event had grown and among other things ‘Gas Exchange’, an exhibition for gas industry actors, and ‘EnergySpin’, a dynamic startup matchmaking and presentation event, were introduced.

Shareholders' Agreement – A foundation for the future

When assisting new startup companies I often hear the phrase ”I don’t think we need a shareholders’ agreement, we already discussed how we’re going to deal with things”. Indeed, very often this is the case; the ownership of the company is divided equally, Matt takes care of the sales, Andy handles the coding and Kate is responsible for securing financing. At this phase however a business lawyer’s head is filled with series of “What if” questions. What if Matt transfers to work for the competitor, Kate wants to sell her shares, or if Andy lashes out due to the aforementioned and decides that he wants to sell “his own code” to Google?

Revisions to the Employment Contracts Act

Revisions to the Employment Contracts Act, which came into force at the beginning of the year, have brought changes to companies’ day-to-day life. 

Mäkitalo at SLUSH 2016

This year marked the 4th consecutive year that Mäkitalo had the pleasure of participating in Slush as the exclusive partner for legal services. Finally last Thursday and Friday Mäkitalo’s Slush 2016 crew was unleashed – and what a time we had! Slush 2016 was bigger than ever, full of great pitches, speeches, roundtable discussions and obviously interesting one-on-one discussions.

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