Contractual obligations

Tag: Contractual obligations

Appeal of $359 mln YUKOS subsidiary loan to be heard Oct. 9

The Ninth Commercial Court of Appeals will hear on October 9 an appeal filed by Yukos Capital S.a.r.l. against the ruling invalidating four loan contracts under which the company granted $359.1 million to Yuganskneftegaz.

16:32 17.09.2012

Developer's $4.25 mln recovery against Moscow government upheld

The Ninth Commercial Court of Appeals upheld the decision to recover 129.8 million rubles ($4.25 million) from the Moscow Government in favor of the Inteco construction company in compensation for the construction of a kindergarten.

12:05 17.09.2012

Bulgaria prepares for court battle with Russia’s Atomstroyexport

Bulgaria is prepared to defend its position in court against Russia’s Atomstroyexport; to this end, the Bulgarian authorities have hired the best law firm they could find, Bulgarian Prime Minister Boyko Borissov told BNT, Bulgaria’s local channel.

18:21 13.09.2012

Russia increases claims to 1 bln euro against Bulgaria in NPP project

Atomstroyexport has increased its claims to 1 billion euro against Bulgaria's National Electric Company (NEK) under the Belene nuclear power plant project as part of the case considered by the International Chamber of Commerce's (ICC) International Court of Arbitration.

14:08 11.09.2012

Russia's oldest truck manufacturer contests $35 mln suit's dismissal

Truck manufacturer ZiL has appealed the dismissal of its complaint against its former managing company to collect $35 million.

17:13 05.09.2012

Federal media agency contract dispute delayed

The Moscow Commercial Court has postponed until October 29 its consideration of DataCenter's lawsuit against the Federal Service for Supervision of Communications, IT and Mass Media.

16:52 05.09.2012

Foreign Economic Bank's $144 mln contract dispute delayed until November 6

On Monday the Moscow Commercial Court postponed a hearing for the Foreign Economic Bank's (VEB) lawsuit against major development company Don-Stroy until November 6. VEB is seeking over $144 million in the suit.

12:50 03.09.2012

Developers appeal of Moscow city damages award to be heard Sep. 19

On September 19, the Ninth Commercial Court of Appeals will hear an appeal by the Inteco construction company of a lower court's decision to allow Inteco's recovery of $2.96 million from the Moscow government for a development project.

16:24 30.08.2012

Lawsuit against IP agency over media monitoring system to be heard Sep.5

The Moscow Commercial Court has granted time for an expert appraisal, thus postponing its hearing of the DataCenter's complaint against the Federal Service for the Supervision of Communications, IT and Mass Media until September 5. The company seeks to recover $115,000 from the agency for an online publications monitoring system.

17:37 27.08.2012

Clothing company contests termination of $124 mln police uniform contract

Russian clothing company Shveyprom has challenged the Moscow Commercial Court's decision to terminate a public police uniform contract worth $124 million.

16:47 27.08.2012

Stena RoRo to collect $37.7 mln from shipyard as secondary creditor

The Thirteenth Commercial Appeals Court has upheld a lower court decision satisfying Swedish shipyard company Stena RoRo's complaint to recover $37.7 million from the Baltiysky Zavod shipyard after its primary creditors receive their debt payments.

14:41 27.08.2012

Inteco contests damages awarded against City of Moscow

The Inteco development company has appealed a $3 million award for damages after the Moscow government failed to perform a development contract.

13:56 27.08.2012

АirBaltic claims sureties in Investbank dispute are fake

An AirBaltic representative has alleged that surety contracts at issue in a case launched against the airline company by Investbank were forged, the court spokesperson told the Russian Legal Information Agency (RAPSI/rapsinews.com). Baltijas Aviacijas Sistemas is co-defendants in the case with Latvian national airline AirBaltic. Between two complaints, the bank is seeking a total of 13.5 million euros from Baltijas Aviacijas Sistemas as the borrower and AirBaltic as the guarantor.

11:52 23.08.2012

Moscow's $206 mln investment breach dispute to be reviewed in October

The Moscow Commercial Court will reconsider on October 9 a complaint filed by multipurpose construction project Beryozka Cluster Home Community to collect $206 million from the Moscow government.

13:50 21.08.2012

Timchenko sues Gazprom for $3 mln

On Monday the Moscow Commercial Court set October 8 to hear a complaint filed by Gennady Timchenko's Stroytransgaz to recover $3 million from Gazprom.

11:29 21.08.2012

Penitentiary service sues SMP Bank for $920k

The Moscow Commercial Court will hear on October 24 the Penitentiary Service's lawsuit to recover $920,000 from SMP Bank.

14:48 20.08.2012

Lawsuits against airBaltic worth 13 mln euro to be heard on August 22

The Moscow Commercial Court has adjourned until August 22 the Investment Bank's two lawsuits to recover 13.5 million euro from Latvia's airBaltic and Baltijas Aviacijas Sistemas.

15:31 15.08.2012

Moscow to pay $7.25 million for disrupting luxury housing project

The Moscow Commercial Court has recovered $7.26 million in losses for the disruption of elite housing construction from the city government for the Film Directors Guild's Trading House Forum-XXI.

17:29 13.08.2012

Hearings in NLMK lawsuit against Maximov postponed

The Moscow Commercial Court has adjourned until August 17 the preliminary hearings in the Novolipetsk Steel's (NLMK) lawsuit to recover $400 million from Maxi Group founder Nikolai Maximov.

15:54 10.08.2012

Dismissal of Defense Ministry's action against airline not to be reconsidered

The Supreme Commercial Court has dismissed the Defense Ministry's application to submit for reconsideration to its presidium the refusal to recover $44 million from Polyot Airlines under a lease contract.

16:17 08.08.2012