Laki Lehtonen

The reasons related to the demolition of the housing market are often due to many problems related to construction and its regulation. On the other hand, a lot of aging apartments are being sold at the moment, and in addition to this, the condition assessment performed before an apartment or real estate sale is still not properly regulated. Therefore, those who make residential transactions should take into account the requirements set by the law even before the transaction, by drawing up a detailed deed of sale.

Housing sales are regulated in the Housing Sales Act, and real estate sales are regulated in the Land Acquisition Act. In both, the principles for canceling a housing transaction are of the same type. The error must be essential in order for the cancellation of the housing transaction to be considered.

In its ruling in 2015, the Supreme Court ruled that in addition to the cost alone, the uncertainties related to the repairs, the duration of the repairs, and the uninhabitability of the apartment must be taken into account when dismantling a housing transaction. The new policy means that repair costs that are less than 30% of the purchase price can lead to the demolition of the apartment sale.

Bankruptcy and company debt restructuring are important procedures in the market economy system. When starting a company, the goal and wish is always for the company to succeed. However, this does not always happen, and the company may run into financial difficulties. 

Bankruptcy is the final and final procedure for a company. Before starting bankruptcy proceedings, it is worth looking into whether the company's debt restructuring could come into question. The restructuring procedure is a good option when the company has run into financial difficulties, but the company is fit to continue and it is possible to restore its operations. The restructuring procedure intervenes in the operating models of the debtor company and makes debt arrangements to revive the company's finances. The reorganization procedure is regulated by the Act on Company Reorganization.

The reason is also to note that the restructuring procedure is the primary method over bankruptcy, if there is an application to reorganize the company and to place it in bankruptcy at the same time. In practice, this means that if the company ends up in restructuring, the bankruptcy application expires, and if the restructuring procedure is rejected, the processing of the bankruptcy application continues.

Laki Lehtonen is Finland's leading law firm specializing in consumer disputes . The subject of the dispute is not of great importance in terms of legislation, but we are at our best in technical matters, such as cars, motorcycles, boats, apartments and renovations. We assist both companies and consumers in consumer disputes.

In addition to consumer disputes, we specialize in legal matters related to travel and housing as well as international inheritance law . In addition to this, we have more than a decade of experience in contract, procurement, publicity and administrative law

We handle assignments only to the extent that we can fully focus on the cases. This way we can ensure that our customers always receive the best possible service.