Tuomas Koskinen

Tuomas Koskinen has been involved in several large bankruptcies, some of them involving secondary bankruptcies in other EU countries. He has both acted as a bankruptcy estate administrator as well as represented creditors. Tuomas acts with both international and Finnish customers. He always strives to maximise the value offered to his clients in bankruptcies to avoid throwing good money after bad, as may too often be the case.

A successful bankruptcy is mostly about good coordination with the largest creditors and the bankruptcy estate administrator. In bankruptcies holding difficult-to-liquidate assets, a successful liquidation requires swift action. Therefore, it is often in the best interests of creditors to acquire local counsel at least in the initial stages of bankruptcy.

Tuomas has also experience with recovery actions, both from the side of the bankruptcy estate as well as the defendant of such actions. In any situation where the bankrupt company has paid considerable amounts to its creditors or other parties before bankruptcy, there is always a good reason to consult with an insolvency lawyer to estimate the risk of a later recovery action.