Oikeusjohto

Oikeusjohto is the Finnish term for "legal administration" or "judicial management." It refers to the process of overseeing and managing organizations, especially companies, that are facing financial difficulties or are insolvent. The purpose of oikeusjohto is to protect the interests of creditors, employees, and other stakeholders by ensuring that the organization's assets are managed fairly and efficiently.

In Finland, oikeusjohto is typically implemented by a court-appointed administrator who is responsible for managing the organization's affairs. This can involve tasks such as reviewing the company's financial situation, identifying areas for cost savings, and implementing measures to increase revenue. The administrator may also be responsible for negotiating with creditors, selling off non-essential assets, and implementing other measures to facilitate the organization's recovery or liquidation.

Oikeusjohto is a complex and multi-faceted concept that draws on various aspects of company law, insolvency law, and accounting. It requires a high degree of expertise and knowledge, and is typically carried out by experienced professionals such as accountants, lawyers, or insurers. In some cases, oikeusjohto may also involve the temporary or permanent suspension of operations, or the sale of the company's assets to another organization.

Overall, oikeusjohto is a key concept in Finnish corporate governance and insolvency law, providing a framework for managing organizations in difficulties and protecting the interests of various stakeholders.