Finnish Supreme Court rules on mandatory bid requirements in Articles of Association. (01-JAN-06) Corporate Counsel

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Finnish Supreme Court rules on mandatory bid requirements in Articles of Association.(Finland)

Publication: Corporate Counsel

Publication Date: 01-JAN-06

Author: Wist, Tarja ; Martola, Sami

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FINLAND

Waselius & Wist

Helsinki

On 2 November 2005, the Finnish Supreme Court rendered a ruling in a matter concerning the validity of mandatory bid requirements in the Articles of Association of a Finnish private limited company. Under the Finnish Securities Market Act a holding of two-thirds of the...

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