Supreme Court allows return of advance payment for failed verbal real estate sale under Finnish law.

The Supreme Court of Finland allowed the claimant to recover the advance payment after the verbal agreement to sell real estate failed to materialize. The parties argued that the lack of a written contract should bar restitution, but the court found the verbal agreement valid under Finnish law. Consequently, the court ruled that the failure of the transaction entitles the buyer to the return of the money paid.