Our legal services are highly regarded for their professionalism and expertise.

Clients come to us because they need practical answers. That is why we appreciate the power of saying ‘yes’ or ‘no’ rather than ‘maybe’. Our significant size in the Finnish market means that we have the depth of resources needed to represent clients in even their most complex and important matters. Krogerus lawyers are often involved in transactions and proceedings that are cross-border in nature or where we represent the domestic subsidiary of an international corporation. We offer a broad range of legal services across the corporate spectrum.

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 Europe 2017: "One client enthuses that 'the team has strong experience, excellent capabilities and knowledge as well as a very good capacity to lead the cases through.'"

Chambers Europe 2016: "It's always great to work with these lawyers - they are really professional, they know what they're doing and they concentrate on bankruptcy, which isn't the case with all firms."; "The lawyers are experienced and I appreciate their understanding of the underlying business, as well as their ability to read balance sheets."; "The lawyers are very professional and highly rated in the industry."

Chambers Global 2015: “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: “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.’"

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.’“

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.”

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

Chambers Europe 2015: "Experienced team regularly acting as administrators on both formal restructurings and bankruptcies. Also acts for leading banks and other financial institutions. Benefits from the firm's strong network of offices across Finland." Quotes from sources: "The whole team provides a high-quality service - I trust the lawyers to keep their promises." "If you need a team that can act in different locations and that knows the right people, this is the right one."

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.”

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

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

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

IFLR1000 2015: "Clients are quick to praise the firm’s capability in restructuring and finance work and how professional and easy to work with the lawyers are."

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