Managing Director´s Agreement in the Finnish Legal System

Managing Director´s Agreement in the Finnish Legal System

Managing Directors of limited liability companies are not considered employees and therefore do not benefit from protection under Finnish labour law. The Board of Directors of a limited liability company is entitled to dismiss the Company's Managing Director solely...
Trade Secrets and Employee Secrecy Obligation In Finland

Trade Secrets and Employee Secrecy Obligation In Finland

Trade secrets regulation was unified by the Trade Secrets Act, which came into force in 2018. In addition, the protection and secrecy of trade secrets has been regulated by a number of different laws such as special legislation for healthcare professionals and...
A seat on the board of directors is not just a position of trust

A seat on the board of directors is not just a position of trust

What risks does a seat in the Board of Directors of a financially struggling company involve and ways to prepare for them. Seat in the Board of Directors in a limited liability company is no longer a mere position of trust. It involves statutory duties and...