Category: Law

  • License Agreements

    License Agreements

    License agreements are used to grant the licensee the right to commercially utilize the licensor’s intellectual property rights. The licensor remains the owner of the licensed intellectual property rights, but the licensee may use the said rights in its business in accordance with the license agreement.

  • Termination of Employment Relationship

    Termination of Employment Relationship

    An employment relationship may be terminated based on several different grounds: on a financial and production-related reason, reasons related to the employee or with an agreement between the employer and employee. Moreover, termination during a trial period is a special case in comparison with the other termination grounds, in addition to which, an employment relationship…

  • China Market Entry – Some Key Points and Observations

    China Market Entry – Some Key Points and Observations

    Chinese markets have always played an integral part in the operations and growth strategy of many foreign companies. However, rapid changes in demographics, rising income and new laws have not made the foreign companies’ entry strategies any easier. The changes have also meant that the operational costs in China are increasing. Entering the Chinese markets…

  • Managing Director & Managing Director Agreement

    Managing Director & Managing Director Agreement

    Managing director is appointed by the board of directors and according to the Finnish Limited Liability Companies Act. The managing director is responsible for the day-to-day operations of the company pursuant to the instructions and orders given by the board of directors. Moreover, the managing director shall ensure that the accounts of the company are…

  • Newsflash: New Labour Market Reforms

    Newsflash: New Labour Market Reforms

    The new Finnish Government has announced new labour market reforms, which should come into force within the next four years, i.e. during the new Government’s term in office.