Bankruptcy estates of Lehto Asunnot Oy, Lehto Tilat Oy and Lehto Korjausrakentaminen Oy

We act as estate administrator of the bankruptcy estates of Lehto Asunnot Oy, Lehto Tilat Oy and Lehto Korjausrakentaminen Oy. The bankruptcies of these companies constitute one of the most significant bankruptcy cases in Finland in the 2000s.

The bankruptcy proceedings have involved a significant number of asset recovery proceedings, complex inspections regarding the termination of construction contracts, investigations into group relationships and the realisation of an extensive project portfolio. In addition, we have handled several complex real estate transactions as part of the realisation of the bankruptcy estates’ assets.

A large team of our experts has been involved in the administration of the bankruptcy estates of the three Lehto Group operating companies, advising on matters including disputes, employment law issues and the realisation of the project portfolio.

Our other projects.

All references

M&A and corporate restructuringsSuccession planning

Hätälä Oy

Succession planning and changes in ownership structures require careful planning, where corporate law, tax, and operational considerations are closely intertwined. We assisted X Ltd. in a succession planning process as well as in share issues supporting the company’s growth and development. Additionally, we acted as chair of the general meeting, ensuring proper conduct of the proceedings and the legal certainty of the decision-making.

Junnikkala Oy

We have advised Junnikkala Oy on the project agreements and financing arrangements relating to the sawmill project developed in the Laanila industrial area in Oulu, as well as on a significant M&A transaction in which Stora Enso acquired the entire share capital of Junnikkala Oy in 2025.

Oulun Maa- ja Vesirakennus Oy

We advised Oulun Maa- ja Vesirakennus Oy on construction contracts relating to the Hailuoto bridge connection project. Our advice included the legal review of the construction contracts and contractual matters relating to project execution as part of this major infrastructure project.