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

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

Notable Practitioners

Provided by Chambers

Salla Suominen
3
Salla Suominen
Head of Restructuring/Insolvency
3
Band 3

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

Ranked Lawyers at
Avance

Provided by Chambers
Filter by
Band

Finland

Restructuring/Insolvency

Salla Suominen
3
Salla Suominen
Head of Restructuring/Insolvency
3
Band 3

Members

Provided by Avance

Antti Aro

Donya Baya

Essi Paavolainen

Saara Sorvaniemi

Salla Suominen

Salla Suominen

Head of Department

Tytti Laajanen

Valle-Veikko Eronen

Vilma Makkonen