Department profile
Avance

Restructuring/Insolvency

Europe Guide 2026 : Finland


Avance

Rankings

About

Provided by Avance

When financial pressure arises, all stakeholders—whether debtor companies, creditors, or shareholders—need clear, strategic guidance to protect value and secure the best possible outcome. We partner with all sides to navigate complex financial distress situations with commercially focused solutions that preserve business continuity and unlock opportunity.

Our experienced team advises clients on out-of-court refinancing and voluntary restructuring negotiations—including pre-pack solutions—as well as formal insolvency proceedings. We represent clients also in insolvency-related disputes such as claw-back claims, director and board liability cases, and damage claims.

In distressed M&A, we support identifying, structuring, and executing transactions involving financially troubled assets or businesses.

Additionally, our lawyers are regularly appointed as administrators in corporate restructuring proceedings, delivering practical leadership in complex turnaround situations.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Finland

Band 4

Band 4


What the Team is Known For

Avance operates a robust restructuring practice, advising lenders and investors on restructuring and bankruptcy matters, as well as the liquidation of assets. The law firm is additionally well placed to handle both contentious and cross-border mandates.

Strengths

Provided by Chambers

  • The team of lawyers offers clear and practical advice and a solid service.

    Restructuring/Insolvency respondentEurope
  • Avance has a very concrete understanding of real-world realities combined with a very high-level grasp of the legal framework.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 3Salla Suominen
    Band 3Salla Suominen

    Salla Suominen

    Salla Suominen represents clients in insolvency-related disputes, including recovery claims.

Ranked Individuals at Avance (1)

Finland

Members

Provided by Avance

  • Sari Wallgren

  • Robin Nordblad

  • Tytti Laajanen

  • Valle-Veikko Eronen

  • Vilma Makkonen

  • Saara Sorvaniemi

  • Antti Aro

  • Essi Paavolainen

  • Donya Baya

  • Salla Suominen

    Head of Department

    View profile of Salla Suominen

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