Nordic Region

Companies from the Nordic region – Finland, Sweden, Norway, Iceland and Denmark– are important players in the world economy, and many are interested in expanding in the United States. Sullivan has extensive experience serving Nordic companies in growing their interests globally. Our team has advised a broad range of Nordic region corporations, from major companies to smaller enterprises in the technology, transportation equipment and materials industries, among others. Our team provides advice related to mergers and acquisitions, corporate, finance, tax, real estate, intellectual property, environmental and litigation.

Representative Client Work

• Representing a multinational corporation traded on the Finnish stock exchange (and its domestic subsidiary), one of the largest trade creditors in the bankruptcy cases of TerreStar Networks Inc. and TerreStar Corporation (SDNY), including advice as to the implications of the bankruptcy filings on the parties’ various agreements concerning the design and development of cellular telephones integrating satellite and terrestrial technology and the supply of telephone handsets utilizing the technology and Bankruptcy Court litigation
• Represented a Finnish manufacturer of specialty transportation equipment in its acquisition of a U.S. target with a complementary product line. Sullivan handled all legal aspects of the transaction, including corporate, tax, environmental, real estate and benefits/employment
• Represented a listed Finland-based IT service company providing IT, R&D and consulting services, in the sale of a subsidiary focused on software and services for the pulp and paper industry
• Assisted an energy and natural resources technology solutions provider in tax structuring and related corporate and financing work related to its acquisition of a complementary U.S. target
• Represented the bankruptcy estate of a Nordic region financial services company in the sale of a U.S. property/casualty insurance group to a major European reinsurer and a series of transaction-related disputes
• Worked with dozens of companies from the Region in a wide range of fields, from communications technology to steel products to fashion, in structuring and setting up U.S. operations, adapting contracts and business models for the U.S. market and providing a variety of “outside general counsel” services