HPP successfully defends Metsäliitto Cooperative in the largest follow-on damages claim in Finnish litigation history

HPP successfully represented Met­sä­liit­to Cooperative, part of one of the leading forest industry companies in Europe, against a claim brought by Metsähallitus, the State-owned forestry management enterprise concerning the commercial effects of competition restraints in the Finnish raw timber market. Metsähallitus originally claimed damages totaling EUR 283M, from Stora Enso Oyj, UPM-Kymmene Oyj and Metsäliitto Cooperative to be paid jointly and severally. Metsähallitus’ claim was dismissed in its entirety by both the Court of Appeal and the District Court. On 29 January 2019, the Supreme Court issued a ruling in which it denied Metsähallitus leave to appeal. Thus, the award issued by the Court of Appeal remained final.

Additional claims by private individuals and municipalities were also dismissed by previous rulings that have also been rendered as final. HPP also represented Metsäliitto in those proceedings.

A summary of the ruling in Finnish can be found here.

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