Practices: Restructuring and Insolvency

Restructuring and Insolvency

Krogerus has one of the leading restructuring and insolvency practices in Finland, both in terms of number of lawyers and our expertise. We provide a broad range of legal and commercial advice to distressed companies and are frequently called upon to act as an administrator in bankruptcy estates. We offer the country’s largest team of lawyers specialising in all aspects of bankruptcy, insolvency and restructuring. Our extensive experience has been gained through our successful involvement in some of the most challenging, complex and high-profile cases of recent times in the country. Typical assignments include restructurings and work-outs, rescheduling of debts, bankruptcy sales and purchases, and re-financing. We also advise on restructuring by means of corporate finance transactions, such as buy-outs and mergers and acquisitions. To ensure ethical standards are maintained inside the firm, we have an internal control programme that we use to review the bankruptcies the firm administers.

Chambers Global 2015: Listed in Band 1. “Sources confirm Mikko Tiilikka is a leading practitioner in this field: ‘He is experienced, skilful and trustworthy. It is easy to talk to him and get answers’ “

Chambers Global 2014: Listed in Band 1. “Department head Jarmo Makkonen draws effusive praise from interviewees, who note that he is ‘clear about everything, he explains all of his thoughts and he understands the background of a case’ “

Endorsed in Chambers Global 2013: “Interviewees laud [Hannu Ylönen’s] efficient service, saying ‘all projects are time critical and he handles this very well. He simply gets things done’ “

Endorsed in Chambers Global 2012: “The team is led by much-admired restructuring and insolvency expert Hannu Ylönen, who is ‘very practical, with a good view of the position and interest of financiers.’ Jarmo Makkonen is another outstanding insolvency lawyer. He is praised for his “business and solution-minded approach, which is allied to his deep judicial thinking.” Mikko Tiilikka has also worked on big insolvency and restructuring cases, and is respected for his straightforward manner”

Endorsed in Chambers Global 2011: “business knowledge and solution-oriented approach” and “an in-depth knowledge of insolvency law”

Endorsed in Chambers Europe 2014:

“The firm’s expertise in insolvency and distressed cases is excellent”

“The lawyers are eager to find creative solutions, and really take care of their customers”

“It is easy to discuss anything with these lawyers – they understand the major questions and the minor details. It is nice to work with people on the same level in terms of the business matters”

Endorsed in Chambers Europe 2013: “Although better known for its work in formal bankruptcy proceedings, the team also has strength in financial restructuring matters”

Endorsed in Chambers Europe 2012: “Clients benefit from the excellent depth of resources it offers”

Endorsed in Chambers Europe 2011: “well-versed insolvency lawyers with a great deal of experience”

Listed as a leading Restructuring and Insolvency practice by PLC Which Lawyer? 2011