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Gazprombank's $122 mln claim against shipbuilders to be heard on December 21

09:59 15/11/2011

MOSCOW, November 15 - RAPSI, Sergei Feklyunin. A commercial court will hold on December 21 a preliminary hearing of Gazprombank's lawsuit against a shipyard for $121.5 million, the court told the Russian Legal Information Agency (RAPSI) on Tuesday.

Established in 1990, Gazprombank is the main bank of its group comprising banking, petrochemical and media assets.

Vyborg Shipyard JSC, a leading shipbuilding enterprise in the North-West of Russia, was established in 1948. Its core business is the building of offshore drilling platforms to develop sea shelf oil deposits.

The bank seeks from the shipyard its debt under the August 5, 2011 loan agreement, including 3.7 billion rubles ($121 million) in principle amount. The judge has refused to block the shipyard's bank accounts as an interim relief requested by Gazprombank.

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Gazprombank's $122 mln claim against shipbuilders to be heard on December 21

09:59 15/11/2011 A commercial court will hold on December 21 a preliminary hearing of Gazprombank's lawsuit against a shipyard for $121.5 million.
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