The Finnish parliament has approved a new Trade Secrets Act (FI: liikesalaisuuslaki) on Wednesday 27 June 2018. The Trade Secrets Act applies to business relationships as a general law and implements EU Directive 2016/943. The Trade Secrets Act along with the numerous legislation changes made in connection therewith bring the term ‘trade secret’ into extensive use in Finnish legal system. This term combines the earlier, fragmentally used different terms for trade secrets (FI: ammattisalaisuus, yrityssalaisuus) and uniforms their meaning. The Trade Secrets Act improves the protection of companies’ confidential information and available legal remedies for breaches of trade secrets. It includes provisions regarding i.a. the unlawful acquisition, use and disclosure of trade secrets. The statute also provides new civil remedies for breaches of trade secrets. Furthermore, the provisions of the Unfair Business Practices Act concerning the protection of trade secrets and technical instructions are repealed and transferred into the Trade Secrets Act. Nevertheless, the enactment of the Trade Secrets Act does not introduce significant changes to Finnish law.
Huhtamäki Brothers has written the Assignment Contract Guidebook (“Toimeksiantosopimusopas” in Finnish). The guidebook is meant for The Finnish Business School Graduates, Academic Engineers and Architects in Finland, and TEK Union of Professional Engineers in Finland and is published by them. The guidebook was published on 25 May 2018. For more information of the guidebook please visit TEK’s homepage (in Finnish).
Our partner Heikki Huhtamäki is lecturing at Alma Talent’s Enforcement Day seminar (in Finnish) on 30 May 2018. The seminar is one of the biggest law seminars in Finland focusing on enforcement legislation and case law. For more information of the seminar, please follow this link.
It is our great pleasure to announce that we have hired Ms. Mira Mutru as our first Associate Lawyer. Mira will start as our lawyer later in December after finishing her LL.M. studies at the University of Helsinki Faculty of Law. Mira has worked previously as our (first) Associate Trainee and at major law firms in Helsinki. Mira will assist our clients in dispute resolution and competition law related cases.
Our partner Matti is lecturing on the reforms of the Finnish Competition Act at Alma Talent’s Kilpailuoikeus 2017 Seminar (i.e. Competition Law 2017 Seminar) held in Finlandia Hall, Helsinki on 21 and 22 September 2017. Kilpailuoikeus 2017 Seminar is one of the biggest annual competition law seminars in Finland. For more information, please visit the seminar’s homepage here.
Moreover, our partner Heikki is lecturing at Alma Talent’s Drafting of Contracts & Techniques of Contracting II Seminar on 1 November 2017 (in Finnish). Heikki’s lecture focuses on non-compete contracts and non-disclosure agreements. Other lecturers of the seminar are top contract law scholars and professors in Finland. For more information, please visit the seminar’s homepage here.
Huhtamaki Brothers acted as counsel to MPY Palvelut Oyj, a Finnish ICT service provider, in its acquisition of the entire share capital of Net Man Oy.
It is our great pleasure to announce that we have hired Ms. Mira Mutru (LL.M. candidate at University of Helsinki) as our first Associate Trainee. Mira has worked previously at major law firms in Helsinki and is a member of our crew now. Mira assists our clients in dispute resolution and competition law related cases. Welcome aboard Mira!