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Contractual obligations

Ulmart co-owner Kostygin ordered to pay Globex bank $240,000

14:26 15/05/2018 The Petrogradsky District Court of St. Petersburg has collected 15 million rubles ($240,000) from a co-owner of Russian Internet retailer Ulmart Dmitry Kostygin in favor of Globex bank.

Ex-Vnesheconombank top manager detained on abuse of office charges

10:59 25/04/2018 Moscow’s Presnensky District Court has detained ex-director of Vnesheconombank (VEB) regional development department Ilgiz Valitov charged with abuse of office until June 20.

Moscow court upholds dismissal of Siemens lawsuit over gas turbines

13:59 14/03/2018 The Ninth Commercial Court of Appeals has upheld a lower court’s ruling to dismiss a lawsuit filed by a Russian subsidiary of German conglomerate Siemens against subsidiaries of Russia’s state corporation Rostec over alleged supply of gas turbines to Crimea.

Transneft’s appeal in dispute with Sberbank set for November

15:59 31/10/2017 The Moscow District Commercial Court will hear an appeal filed by Russian pipeline operator Transneft against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit, on November 30.

Transneft files appeal in $1 bln dispute with Sberbank

12:45 20/10/2017 Russian pipeline operator Transneft has filed an appeal against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit.

Bill on compensations for overbooking reaches State Duma

16:05 27/09/2017 Bill introducing liability of airlines to passengers for overbooking reached the State Duma on Wednesday.

Russian court quashes $1 bln worth decision against Sberbank on complaint

17:49 23/08/2017 The Ninth Commercial Court of Appeals has ruled in favor of Russian largest bank Sberbank by quashing a decision saying its derivative contract worth 66.5 billion rubles (about $1.1 billion at the current exchange rate) with Russian pipeline operator Transneft was illicit.

Ex-head of Penitentiary Service’s directorate gets 7 years for taking bribe

14:55 17/05/2017 The Syktyvkar City Court has sentenced former head of Komi Republic’s Federal Penitentiary Service (FSIN) Directorate Alexander Protopopov to 7 years in prison for receiving 625,000 rubles (about $11,000) in bribes.

Russia ordered to pay Poland $2 mln for use of building

17:49 09/11/2016 The Warsaw District Court has ordered Russia to pay 7.8 million zloty (about $2 million) to Poland for non-contractual use of a building in Warsaw.

Bulgarian Overgas files lawsuit against Gazprom over failure to deliver product - report

11:21 14/04/2016 A lawsuit has been filed by Bulgarian gas distributor, Overgas, against Russian leading gas corporation Gazprom after the halt in gas supplies between two companies.

Rival of notorious Russian tycoon released on bail in Cambodia - report

11:40 28/04/2015 Russian businessman Nikolai Doroshenko, who was detained in Cambodia on March 25 after failing to appear in court in the case over breach of trust initiated by his rival, infamous Russian developer Sergei Polonsky, has been released on bail.

Russian boxing promoter wins $1.6 mln from Don King for canceled fight

17:05 03/02/2015 Director of the World of Boxing promotion company Andrei Ryabinsky won $1.6 million from boxing promoter Don King for a canceled fight between Denis Lebedev and Guillermo Jones.

Rival of scandalous Russian tycoon denies his arrest in Cambodia

15:41 27/01/2015 Russian businessman Nikolai Doroshenko, who is living in Cambodia, has not been arrested in the case initated by his rival, infamous Russian developer Sergei Polonsky, and is not hiding

Yukos Capital wants Russia to recognize Paris court ruling on unpaid loans

13:46 21/01/2015 Luxembourg-registered Yukos Capital S.a.r.l. (Yukos) has filed a claim with a Commercial court in Tomsk seeking to recognize the ruling of the international court on its litigation versus Russian Tomskneft over three unpaid loan agreements.

Cambodian court issues warrant for Russian businessman over island development

12:40 21/01/2015 A Preah Sihanouk province court has issued an arrest warrant for Russian and Cambodian national Nikolai Doroshenko in a case regarding the rights to the investment projects on four islands located near the resort town of Sihanoukville, RIA Novosti reports citing the press secretary of Doroshenko's business partner, infamous Russian developer Sergei Polonsky.

Russia may sue France over Mistral warship delivery in next six months

15:34 15/01/2015 Russia may file a suit in next six months against France for failure to deliver Mistral helicopter carriers, according to Defense Minister Sergei Shoigu.

LUKOIL wins dismissal of US lawsuit over alleged fraud

15:09 23/12/2014 Russia’s oil producer OAO Lukoil won the dismissal of a long-running action accusing the company of being engaged in an illegal scheme which led Archangel Diamond Corporation (ADC), a Canadian diamond development company, to bankruptcy.

Kalashnikov contract with US suspended

15:46 02/12/2014 A contract to deliver up to 200,000 Kalashnikov guns to North America has been suspended on the initiative of the North American party. “We have not delivered a single gun under this contract,” Kalashnikov Director General Alexei Krivoruchko told RIA Novosti on Tuesday.

Russia threatens to sue France over Mistral warships

15:43 28/11/2014 Russia has reserved the right to sue France if it fails to deliver the two contracted Mistral-class helicopter carriers.

Warner Music reaches $26k settlement with t.A.T.u. vocalist

12:11 27/11/2014 The Moscow Commercial Court approved a settlement in the lawsuit of SBA Production, a Warner Music Group company against Yulia Volkova, a former member of the once popular pop group t.A.T.u., the court said on its website Thursday.

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