Our bright team

While each of our lawyers is specialised in one or more practice areas, they also develop and maintain professional knowledge in general business law. We train our lawyers to be exceptionally well-rounded practitioners in order to ensure that specialisation is achieved without sacrificing the important perspective of the generalist. Strict adherence to quality is reflected in the selection and training of our professionals.

Timo Lehtimäki

Joined Firm:
University of Turku, LL.M. 2005
English, Finnish, Swedish
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Practice Areas

Banking and Finance; Capital Markets; Financial Restructuring

Career and qualifications

Waselius & Wist, Partner 2013-; Waselius & Wist, Associate 2007-2012; Associate in other law firms 2005-2007


Finnish Bar Association (2010-);
International Bar Association


* Recommended in Banking & Finance and Capital markets by The Legal 500
* Recommended as leading lawyer in the field of Banking & Finance by both Chambers Europe and Chambers Global
* Highly regarded in Capital Markets : Debt and M&A by IFLR1000
* Recommended as leading lawyer in the field of Banking by Who’s Who Legal
* Recommended as “Rising star” by the Euromoney Legal Experts.

“pragmatic” and "business-oriented" (Banking and Finance)
– Chambers Global 2020

“Stands above the pack” (Banking and Finance)
"responsive and diligent" (Banking and Finance)
– The Legal 500

"Responsive, clear and concise" (Banking and Finance)
– Chambers Global 2019

"Energetic and fast" (Banking and Finance)
– Chambers Global 2019

"He is commercial, pragmatic and very user-friendly" (Banking and Finance)
– Chambers Global 2018

"He is responsive and gets things done quickly" (Banking and Finance)
– Chambers Global 2017

"Very commercial, user-friendly and responsive, with an international focus" (Banking and Finance)
– Chambers Global 2016

"Coming up through the ranks" (Restructuring/Insolvency)
– Chambers Europe 2016

"He is engaged and gives us practical and commercial advice." (Banking and Finance)
– Chambers Global 2015

“He is proactive, and very good in terms of the speed of his response.” (Restructuring)
– Chambers Global 2014

Recent Publications

* Lexology – Getting The Deal Through – Private M&A 2022 – Finland
* The Legal 500: Lending & Secured Finance Country Comparative Guide
* The Legal 500: Banking & Finance Country Comparative Guide
* Lexology Navigator – Secured Lending: Finland
* Finance and Secured Lending in Finland

Katja Karnola


Selected experience:

* Financing of Jervois Finland;
* Financing of the acquisition of Infinigate group;
* Refinancing of Questback Group;
* Financing of the acquisition by Nordic Capital of Sortera Group;
* Financing of the acquisition of Analyste by OpusCapita;
* Venator issues USD 225 million Senior Secured Notes;
* Refinancing of Loimua;
* Acquisition of Automatia Pankkiautomaatit Oy by Loomis AB;
* Financing of AXA’s real estate portfolios;
* Financing of the acquisition of Elenia Heat;
* Acquisition of Solita by Apax;
* Financing of the acquisition of ADB Safegate by Carlyle;
* Financing of Ovako;
* Financing of Venator;
* Offering of EUR 2 billion guaranteed notes by Wereldhave;
* Financing of the acquisition by Triton of Fläkt Woods;
* Refinancing of EUR 1.93 billion of Finland’s largest electricity distribution business;
* Offering of USD 155 million Senior Notes by Coveris;
* Financing of the acquisition by Kämp Group of three upscale hotels;
* Financing of the acquisition by Vitruvian of CRF Health;
* Financing of acquisition by Permira of CABB Group and EUR 410 million Senior Secured Notes offering;
* Offering of Senior Secured Bonds by Elematic;
* Financing of the acquisition by Taminco of the formic acid business of Kemira Plc;
* Acquisition by CapMan of Kämp Group;
* Acquisition by Kämp Group of Klaus K;
* Acquisition by FSI, Borealis and Finnish pension funds of Fortum Corporation’s electricity distribution business in Finland;
* Financing of the acquisition by Nokia of the 50% stake owned by Siemens in Nokia Siemens Networks;
* Exide Technologies – Debtor-in-Possession Credit Facility;

”Man of Justice” by Veikko Myller