The EU is preparing for cybersecurity threats with the new Network and Information Security Directive – the requirements may surprise some companies

The so-called NIS Directive has been overshadowed by the new Data Protection Regulation, and it might come as a surprise to some companies that they will have new obligations in terms of data security issues related to network and information systems. Even though the directive has a limited scope of…



Eco-efficiency is the way also in property lease agreements

Real estate and construction sector actors today are increasingly interested in the environmental and energy perspective. They aim to improve the energy efficiency of the built environment and to emphasize the environmental values of the real estate operations in a way that is profitable and sensitive to the interests of…



YIT sells care hybrid project to Northern Horizon’s care property fund – Lexia was an advisor to YIT

On December 16, 2016, YIT signed an agreement with a care property fund managed by Northern Horizon to implement the Komiakulma care hybrid project in Seinäjoki, Finland. The value of the project is approximately EUR 13 million. Construction began in December and will be completed in spring 2018. Lexia assisted…



Finnair to start using IBM’s iOS enterprise apps – Lexia was Finnair’s advisor in the negotiations with IBM and Apple

Finnair and IBM have agreed on the use of iOS enterprise apps. The first apps developed through the collaboration will be deployed in the aircraft line maintenance in the first part of 2017. The mechanics were also involved in development of the apps with Apple and IBM. Finnair is the…



Access Silicon Valley will be launched in Finland by Lexia – Join the community, interact and learn

  Access Silicon Valley has been described to be a “virtual bridge” to Silicon Valley, where startup entrepreneurs and serial entrepreneurs in real time, get access to relevant content, and have the opportunity to interact with, angels, VCs and great entrepreneurs that they otherwise wouldn’t get the opportunity to see,…



Lexia seminar on 8 December 2016: Impacts of the sanctions against Russia

Lexia is partnering with Dentons Europe and the Association of Corporate Counsel Europe (ACC Europe) to host an invitation-only seminar about the impacts of the sanctions against Russia. The seminar will be held on 8 December 2016 in Helsinki.   Sanctions have been in effect for two years, hampering trade…



What has the new Finnish regulation about expert witnesses meant in practice?

Provisions concerning the presentation of evidence in Finland were reformed, effective 1 January 2016, by an amendment to the Code of Judicial Procedure. One of the most significant changes was to the regulation related to expert witnesses. Previously, only a court could appoint an expert, but the courts rarely used…



Lexia attending International Bar Association’s Annual Conference in Washington on 18-23 September

Lexia’s partners Samuli Koskela and Olli Kiuru are attending International Bar Association’s (IBA) Annual Conference in Washington on 18-23 September 2016. Samuli Koskela is also opening the Real Estate Committee’s workshop “Innovative Billing Models: What to Learn from Real Estate Transactional Lawyers” on Thursday 22 September. More information about the workshop…



HUS first in the world to have revolutionary BNCT radiation therapy equipment – Lexia assisted HUS in agreement negotiations

The Hospital District of Helsinki and Uusimaa (HUS) and Neutron Therapeutics from the United States have signed an agreement to place the world’s first in-hospital BNCT equipment in Helsinki. BNCT, or Boron Neutron Capture Therapy, is used to treat advanced head and neck cancers. ​Neutron Therapeutics chose to partner with…



New legal framework – Towards My Data?

My Data has conceptually a strong link with data protection as many types of data concerning people, such as health data involve personal data. Data protection laws and regulations are intended to control how personal data is used and thus are about safeguarding our right to privacy, which is enshrined…



The Government proposes amendments to trial period, fixed-term employment and re-employment obligation

The Government is proposing to extend the length of the trial period and to shorten the employer’s re-employment obligation. In addition, the hiring of long-term unemployed for fixed-term employment would be made easier. The Government presented the bill to the Parliament on June 15, 2016. Extending the trial period to…



YIT signed a EUR 75 million framework agreement to build care facilities in Finland – Lexia was YIT’s advisor in the transaction

YIT has signed a framework agreement with the Sweden-based property investor Hemsö Fastighets AB to build nine care facilities in Finland. If the projects within the framework agreement are implemented, their total value will be about EUR 75 million. The facilities to be built include care homes, day-care centers and…



Lexia hosts two workshops at Arctic15

Arctic15 is a two-day start-up matchmaking event and conference held in Helsinki 2-3 June 2016. The conference is aimed at generating real business value, getting partnerships started and deals closed. Lexia is hosting 2 workshops at the conference: Thursday 2 June at 10 a.m.: How to create a successful IPR-strategy…



Lexia validated as a member of the Meritas alliance

Lexia has been validated as a member of the Meritas Law Firms Worldwide alliance. The alliance of independent, full-service law firms operates in 234 global markets and has 176 offices around the world. More than 7,200 lawyers belong to the Meritas alliance. There can be only one member from each…