Contractual obligations

Tag: Contractual obligations

Troubled tycoon Polonsky's company ordered to repay $18.3 million debt

The Moscow Commercial Court has upheld a claim by BVI-registered Daizon Management Inc to collect $18.3 million from Sergei Polonsky's Potok & 0458 (formerly Mirax Group).

13:45 09.07.2013

Skolkovo foundation contests collection of $2.5 million for project designer

A Moscow commercial court has accepted the Skolkovo Foundation's appeal against the court ruling to collect over 80 million rubles ($2.5 million) in debt upon the request of the Cognitive Technologies company, which designed the Smart City Skolkovo concept.

16:09 13.06.2013

Russia convicts last suspect in MiG-29 fraud case - report

The Moscow City Court has handed down a four-year suspended sentence to Mikael Kazaryan, the last defendant in the criminal case over low-quality parts for the MiG-29 fighters sent to Algeria in 2007.

11:48 07.06.2013

Putin: Contract to deliver S-300 systems to Syria not yet implemented

The agreement to deliver Russian S-300 air defense systems to Syria has not yet been implemented, President Vladimir Putin said on Tuesday. Putin also stressed that the deliveries of S-300s to Syria are legal.

16:57 04.06.2013

Kremlin refuses to comment on S-300 supplies to Syria

Presidential aide Yury Ushakov would neither confirm nor deny allegations that the first batch of S-300 missiles has already arrived in Syria.

14:42 31.05.2013

Russia seeks to settle S-300 suit with Iran out of court

Russia has little chance of winning the lawsuit filed by Iran over failure to supply S-300 air defense systems, says Russian Technologies (Rostec) CEO Sergei Chemezov.

10:23 31.05.2013

Supreme Court clears up termination terms for loan contracts

The death of a guarantor and terms of early termination of loan contracts which are not specified in the legislation are not considered sufficient grounds for terminating loan guarantees and demanding early repayment.

13:28 24.05.2013

US company seeks default judgment against Dagestan company

US-based glass engineering firm Henry F. Teichmann, Inc. (Teichmann) filed an affidavit for the entry of a default judgment against Dagestani glass company Caspian Flat Glass OJSC (Caspian) last week based on the failure of the latter to timely respond to a complaint and summons served last month amidst effort to compel arbitration in Zurich.

18:53 20.05.2013

Regional government seeks $11.4 million in compensation for failed railway

The Stavropol Territorial Commercial Court will consider on May 22 a 355 million ruble ($11.4 million) lawsuit filed by the region's construction and architecture ministry against a Moscow company.

16:07 29.04.2013

Website developer's lawsuit against Ministry of Sports rejected

The Moscow Commercial Court has rejected a 72.5 million ruble ($32.3 million) claim filed by First IT Alliance against Russian Sports Ministry and the Federal Tourism Agency.

14:44 29.04.2013

British company files 120,000 pounds claim against Moscow Circus

A British company has filed a 120,000 pounds claim against the Moscow Circus led by Edgard Zapashny with the Moscow Commercial court.

10:37 11.04.2013

Rosatom subsidiary successfully avoids Canadian proceedings

A Canadian court dismissed an appeal filed by Khan Resources Inc. challenging a lower court’s dismissal of its motion to validate, substitute or dispense with service of the statement of claim in a lawsuit against the Russian Atomredmetzoloto (ARMZ) uranium producer.

13:01 05.04.2013

Russian space giant Energia moves to dismiss $355 mln Boeing suit

Russian space giant SP Korolev Rocket and Space Corporation Energia (Energia) filed documents with a US federal court last week seeking the dismissal of a $350 million breach-of-contract lawsuit filed by American aerospace and defense conglomerate Boeing.

17:50 01.04.2013

Egyptian court removes ban on Australian gold producer's operations

Egypt's Higher Administrative Court has canceled the ban which was imposed last October on the gold exploration and mining activities of the Australian Centamin Egypt gold producer, the Egyptian State Council told journalists on Wednesday.

19:06 20.03.2013

London High Court orders Tajik mogul to pay damages to Russian lender

London’s High Court of Justice has ordered Tajik businessman Avaz Nazarov and a company owned by him to pay up for various tort and contract claims arising from the failure to repay millions of dollars in loans granted by Russian businessman Valery Vorobyev.

14:45 13.03.2013

Airport service company seeks $13.5 mln Defense Ministry debt return

Chkalov Avia has filed a 411 million ruble ($13.5 million) claim with the Moscow Commercial Court against the Defense Ministry.

14:53 01.03.2013

Boeing, Energia file for extension to prepare for space launch hearing

Boeing has filed jointly with Russian space giant S.P. Korolev Rocket and Space Corporation Energia (Energia), one of the defendants at the receiving end of Boeing’s $350 million breach-of-contract suit, for a 30-day extension of filing dates with a US federal court.

11:57 26.02.2013

Ukraine refuses to pay Gazprom $7 bln penalty

Ukraine has refused to pay Gazprom a $7 billion fine under its 2009 "take-or-pay" gas supply contract, says Ukrainian President Viktor Yanukovych.

15:10 22.02.2013

Naftogaz loses $3.9 billion lawsuit against Italian trader

Ukrainian oil and gas operator Naftogaz has lost a $3.9 billion lawsuit against Italian gas trader as ruled by the Arbitration Institute of the Stockholm Chamber of Commerce.

15:15 21.02.2013

John Galliano v. Dior wrongful termination trial begin in Paris

Wrongful termination proceedings have begun between disgraced fashion designer John Galliano and the House of Dior at Paris' Labor Relations Court (Conseil de prud'hommes).

14:06 05.02.2013