{"id":4718,"date":"2021-11-11T15:26:16","date_gmt":"2021-11-11T14:26:16","guid":{"rendered":"https:\/\/www.holst-law.com\/en\/?post_type=results&#038;p=4718"},"modified":"2021-11-11T15:26:16","modified_gmt":"2021-11-11T14:26:16","slug":"negotiations-about-withdrawing-from-project-with-great-financial-value","status":"publish","type":"results","link":"https:\/\/www.holst-law.com\/en\/results\/negotiations-about-withdrawing-from-project-with-great-financial-value\/","title":{"rendered":"Negotiations about withdrawing from project with great financial value"},"content":{"rendered":"<p>When building the City Circle line (phase 4 of the Copenhagen Metro), the Italian turnkey con-tractor wanted to terminate the agreement with one of the sub-suppliers, MT H\u00f8jgaard, on the grounds that the turnkey contractor could perform the works themselves, although it was ac-tually MT H\u00f8jgaard who was responsible for the works.<\/p>\n<p>Therefore, MT H\u00f8jgaard approached partner Carsten Led-Jensen for assistance; first of all to negotiate a withdrawal from the project, and secondly &#8211; if needed &#8211; to represent the interests of MT H\u00f8jgaard in an arbitration case.<br \/>\nFollowing 5 intensive months of negotiations, the parties reached a mutual agreement; an agreement with significant financial value to MT H\u00f8jgaard.<\/p>\n<p>The negotiations were made in English and contemplated a thorough knowledge of both the basis of contract, the underlying law, the technical, complicated project and \u2013 in particular \u2013 the capability of keeping a cool, strategic and tactical breadth of view during several months, although great values were at stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When building the City Circle line (phase 4 of the Copenhagen Metro), the Italian turnkey con-tractor wanted to terminate the agreement with one of the sub-suppliers, MT H\u00f8jgaard, on the grounds that the turnkey contractor could perform the works themselves, although it was ac-tually MT H\u00f8jgaard who was responsible for the works. Therefore, MT H\u00f8jgaard [&hellip;]<\/p>\n","protected":false},"author":72,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-4718","results","type-results","status-publish","hentry","results_category-agreement"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Negotiations about withdrawing from project with great financial value - Holst EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.holst-law.com\/en\/results\/negotiations-about-withdrawing-from-project-with-great-financial-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negotiations about withdrawing from project with great financial value - Holst EN\" \/>\n<meta property=\"og:description\" content=\"When building the City Circle line (phase 4 of the Copenhagen Metro), the Italian turnkey con-tractor wanted to terminate the agreement with one of the sub-suppliers, MT H\u00f8jgaard, on the grounds that the turnkey contractor could perform the works themselves, although it was ac-tually MT H\u00f8jgaard who was responsible for the works. 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