Hannes Snellman Counsel to NYAB Finland Oy in Successfully Contesting the Wrongful Termination of Two Construction Contracts
12 May 2023
Hannes Snellman acted as counsel to NYAB Finland Oy in court proceedings to contest the termination of two construction contracts, relating to construction of a water treatment facility, where NYAB Finland Oy was the contractor and the City of Mikkeli was the employer. Mikkeli terminated the contracts mid-construction in March 2020. In December 2022, the Etelä-Savo District Court ruled that Mikkeli had no grounds for termination and awarded NYAB Finland Oy EUR 8.8 million (out of a claimed EUR 9.3 million) in damages, unpaid work, and costs, plus interest. Following the District Court ruling, the parties agreed on a settlement, whereby Mikkeli does not appeal and pays NYAB Finland Oy the sums awarded by the District Court plus interest up to a total of EUR 9.2 million.