Stora Enso – Helsinki District Court Dismissed Metsähallitus’ Claim for Damages against Stora Enso

We successfully represented Stora Enso Oyj in an extensive damages trial in which Metsähallitus claimed a capital amount of nearly 160 million euros in damages jointly and severally from Finnish forestry companies Stora Enso, UPM-Kymmene Oyj and Metsäliitto Cooperative based on the forestry companies allegedly having purchased roundwood from Metsähallitus below market prices in 1997–2005.

The Helsinki District Court dismissed Metsähallitus’ claim in its entirety on 22 June 2016 and ordered Metsähallitus to compensate the forestry companies’ legal costs in full. Metsähallitus filed its claim against the forestry companies in March of 2011, so this exceptionally large case took over five years in the court of first instance.