Рейтинг@Mail.ru
RusEng

News

Transfer of Baltiysky Zavod's shares to Central Bank's ownership extended

14:42 02/12/2011

MOSCOW, December 2 - RAPSI. A commercial court has suspended the execution of a lower-court decision dismissing the transfer of 88.32 percent of Baltiysky Zavod's shares to the Central Bank's trust ownership, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Friday.

The Baltiysky Zavod shipbuilding company is part of the United Industrial Corporation owned by Senator Sergey Pugachyov. The shipyard builds icebreakers, large vessels and combat ships.

The Ninth Commercial Court of Appeals upheld the Central Bank's application to suspend the judicial act submitted on the same day.

The Ninth Commercial Court of Appeals dismissed the Moscow Commercial Court's decision on November 29, which obligated the holders of Baltiysky Zavod's pledged shares to transfer them to the trust ownership of the Central Bank.

Share thisE-mail this articlesubmit newsAdd to blogrss feed
Add to blog
To link to this material, copy the code to your blog.
Publishing code:
Preview:

Transfer of Baltiysky Zavod's shares to Central Bank's ownership extended

14:42 02/12/2011 A commercial court has suspended the execution of a lower-court decision dismissing the transfer of 88.32 percent of Baltiysky Zavod's shares to the Central Bank's trust ownership.
Forward news story

All fields are mandatory!

Submit news

All fields are mandatory!

Share this

Top news