MOSCOW, June 25 - RAPSI. The Moscow Commercial Court has dismissed High Technology AG’s lawsuit to invalidate the federal authorities ownership of the ART Hotel located at the PFC CSKA stadium.

The action was lauched against the Defense Ministry. The plaintiff also claimed the title to the hotel.

In 1995 the plaintiff leased the building for 49 years. It renovated the building and added a fourth floor at its own expense. Later it appeared that federal ownership extended to the entire property.

The plaintiff failed to show up for the Monday hearing. The Defense Ministry, the building’s owner, asked the court to dismiss the lawsuit because the law does not entitle the plaintiff to file such an action, moreover the court had previously ruled against a claim for the property’s ownership and the judgment remains in force.