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Houthoff Buruma advised Ballast Nedam on an appeal case against Max Bögl

22 Jul 2015

Ballast Nedam wins court of appeal case against Max Bögl. Houthoff Buruma advised Ballast Nedam on an appeal case against Max Bögl, a former joint venture partner. The Supreme Court has rejected an appeal in cassation, lodged by Max Bögl. For Ballast Nedam this ruling means an elimination of a risk of over 9 million euros, without further financial impact.

In 2013, the appeal court found in favour of Ballast Nedam and ordered Max Bögl to pay an amount of over 9 million euros to Ballast Nedam. This amount has been paid at the time and has been included in the Ballast Nedam financial statements.

Ballast Nedam brought action in 2003 against its then joint venture partner Max Bögl for breach of contract in the tendering stage of three underground stations on the North-South Line.

Houthoff Buruma team included: Albert Knigge, Jan Willem de Groot, Diederik van der Kooij.

Matter Type
Litigation/Arbitration
Industry
Real Estate & Construction
News Category
Real Estate & Construction