Liisa Vaaraniemi

Hannes Snellman, together with Hogan Lovells and Gleiss Lutz, successfully represented Supponor entities in the Helsinki Local Division of the Unified Patent Court (UPC) in a case concerning a digital overlay technology. As requested by the defendants, the court dismissed the patent holder’s preliminary injunction application and main action due to lack of jurisdiction, as the asserted patent had initially been opted-out from the UPC’s jurisdiction, and its subsequent attempted opt-out withdrawal was deemed ineffective under Art. 83 of the UPC Agreement due to pending national proceedings. This was the first oral hearing and first decision by the Helsinki Local Division of the UPC since the launch of the UPC on 1 June 2023

Parties:

Masco Corporation (Buyer), Nordic Mezzanine and other Sauna360 Group Oy’s shareholders (Sellers), Sauna360 Group Oy (Target)

Transaction:

Acquisition of Sauna360 Group Oy

Deal value:

Value not public

Role:

Finnish and Swedish Counsel to Masco Corporation

Parties:

Thome Group, OSM Maritime Group

Transaction: 

Merger of Thome Group and OSM Maritime Group

Value:

Value not public

Role:

Finnish counsel to Thome Group Holding Limited

Counsel a public company in a copyright dispute before the Market Court and the Supreme Court concerning copyright and limitations to the exclusive rights of the copyright holder set forth in the Copyright Act.

Counsel to a Nordic group in a patent infringement and invalidation proceedings before the Market Court. The infringement case concerned both the direct infringement and doctrine of equivalents 

Counsel to a multinational technology company and its local distributor in patent infringement and invalidation proceedings before the Market Court. The cases were settled out of court.

Parties 

PharmaLex Group (buyer), DRA Consulting Oy (target)

Transaction

Counsel to PharmaLex Group in the acquisition of DRA Consulting Oy

Deal Value 

Value not public 

Role 

Counsel to PharmaLex Group

Parties 

Angel Pond Holdings Corporation, MariaDB Corporation Ab

Transaction 

Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions

Deal Value 

USD 672 million (implied enterprise value of the combined company)

Role

Finnish counsel to Angel Pond Holdings Corporation

Parties 

Chevron Global Energy Inc (Buyer), Neste Corporation (Seller), NEXBASE™ brand and associated base oils business (Target)

Transaction 

Finnish counsel to Chevron Global Energy Inc, a wholly-owned subsidiary of Chevron Corporation, in the acquisition of the NEXBASE™ brand and associated base oils business from Neste Corporation

Deal Value 

Role

Finnish counsel to Chevron Global Energy Inc

Parties 

Landis+Gyr (Buyer), Telia Finland (Seller), Telia AMR Business (Target)

Transaction 

Telia Finland’s sale of Telia AMR Business to Landis+Gyr

Deal Value 

Value not public

Role

Counsel to Telia Finland (Seller)