Private business restructuring claim dismissed as it constituted continuation of prior open company business.

The Supreme Court of Finland dismissed the applicant's request for business restructuring because their current private business activity was deemed a continuation of operations previously conducted in an open company. The applicant argued for restructuring eligibility, but the court found no break in the economic continuity between the two entities. Consequently, the legal requirements for initiating a restructuring procedure were not met due to the nature of the business transition.