Legal News

INSOL Europe/LexisNevis coronavirus (COVID-19)—Tracker for Insolvency Reforms—Finland

Published on: 01 May 2020
Published by: LexisPSL
  • INSOL Europe/LexisNevis coronavirus (COVID-19)—Tracker for Insolvency Reforms—Finland
  • Temporary limitation on creditors’ right to file for bankruptcy
  • Temporary amendments to the Enforcement Code
  • Continuation of restructuring proceedings despite payment default
  • INSOL Europe/LexisNexis Coronavirus Tracker of Insolvency Reforms

Article summary

Restructuring & Insolvency analysis: On 16 March 2020, the government of Finland declared a state of emergency due to the coronavirus (COVID-19) pandemic outbreak. The government has taken measures in order to protect the functioning of the Finnish society and economy and to ensure the functioning of businesses despite the financial distress caused by the pandemic. Written by Jan Lilius of Hannes Snellman Attorneys Ltd, Council Member and Country Co-ordinator (Finland) of INSOL Europe and Associate Lawyer Tiia Heikkinen of Hannes Snellman Attorneys Ltd. or take a trial to read the full analysis.

Popular documents