Contractual obligations

Gazprom suspected of violating shareholders' agreement

12:01 13/06/2012 Northgas co-owner Farkhad Akhmedov has reported that Gazprom violated shareholders' agreements with the company and has filed a lawsuit with the London Court of International Arbitration.

NLMK's lawsuits worth over $400mln against Maximov adjourned until June 29

14:38 08/06/2012 The Moscow Commercial Court has adjourned until June 29 the preliminary hearings into two Novolipetsk Steel (NLMK) lawsuits to recover $166.84 million from Maxi-Group founder Nikolai Maximov. The lawsuits also seek to invalidate a sale and purchase agreement of Maxi-Group shares and to recover $225.88 million.

Third round of dispute between Moscow airports set for August 14

16:04 07/06/2012 The Moscow Commercial Court will hear on August 14 the Domodedovo Airport Commercial Agency's $10.7 million claim against the Vnukovo Airport for debt owed by Domodedovo Airlines.

Truck manufacturer's $34 mln claim against management company suspended

16:13 05/06/2012 The Moscow Commercial Court has suspended its hearing of the $34 million claim filed by ZiL, a major Russian truck and heavy equipment manufacturer, against its former management company.

50 mln euro dispute between cement manufacturers to be reconsidered

13:55 05/06/2012 The Supreme Commercial Court's presidium has remanded for review the case over the return of a first installment in equity worth 50 million euros to the Siberian Cement company.

Investbank's 5.3 mln claim against airBaltic shelved

13:20 05/06/2012 The Moscow Commercial Court has shelved Investbank's lawsuit against Latvia's Air Baltic Corporation (airBaltic) and Baltijas Aviacijas Sistemas (BAS) to recover 5.3 million euro.

Pension fund's $53mln lawsuit against management company to be reconsidered

14:57 04/06/2012 The Moscow District Federal Commercial Court has submitted Khanty-Mansy Non-Government Pension Fund's lawsuit to recover $53.03 million from YugraFinance Management Company to the Moscow Commercial Court for reconsideration.

Major shipyard's appeal against $43.6 mln lawsuit dismissal to be heard on June 18

11:55 04/06/2012 The Ninth Commercial Court of Appeals has postponed its hearing until June 18 of the Severnaya Verf shipyard's appeal against the trial court decision to dismiss its lawsuit to recover $43.6 million from VTB bank.

Defense Ministry disputes recovery of $5,900 instead of $3.47mln from Adidas

18:00 01/06/2012 The Defense Ministry has filed an appeal with the Ninth Commercial Court of Appeals against the recovery of $5,900 from Adidas instead of the initially claimed $3.47 million for failing to meet sporting good supply deadlines.

Investbank's 12.5 million euro action against airBaltic to be heard on July 17

11:26 30/05/2012 The Moscow Commercial Court set July 17 for the first hearings of two Investbank lawsuits to recover 12.5 million euros from Latvia's national airline Air Baltic Corporation (airBaltic) and Baltijas Aviacijas Sistemas (BAS).

Default judgment recommended over Lady Gaga performance

16:28 28/05/2012 The U.S. District Court for the Southern District of Florida is ready to consider the MUZ-TV channel's claim against several individuals for failing to secure Lady Gaga's performance in Moscow in their absence.

NLMK's multimillion dollar claim against steel tycoon to be heard on June 1

15:32 25/05/2012 The Moscow Commercial Court has suspended until June 1 its hearing of two claims filed by Novolipetsk Steel (NLMK) against Maxi-Group founder Nikolai Maximov.

Steel giant invalidation of power grid lease agreement denied

12:59 24/05/2012 The Moscow Commercial Court has held against Severstal's lawsuit against the United Energy Systems Federal Network Company and the North-Western Interregional Distribution Network Company to partially quash a power grid lease agreement.

Siemens dispute with pulp and paper mill under supervisory proceedings

17:25 22/05/2012 The Supreme Commercial Court has opened supervisory proceedings in Siemens' appeal to review the decision to reverse the collection of 565,240 euro and $125,800 from Vyborgskaya Cellulose under an equipment installation contract.

Lawsuit to quash YUKOS subsidiary's $360 mln loans postponed until May 28

13:29 22/05/2012 The Moscow Commercial Court has declared a recess until May 28 for the hearing of the lawsuit to invalidate four loan agreements between Luxemburg-based Yukos Capital S.a.r.l. and Yuganskneftegaz amounting to $360.5 million.

Moscow's appeal against $11 mln award for developer to be heard on May 23

14:46 21/05/2012 The Ninth Commercial Court of Appeals has declared a recess in the hearing of the Moscow government's appeal against awarding the Glavmosstroy construction company $11 million in damages.

Yukos Capital's appeal in $97 mln loan case to be heard on July 5

13:48 17/05/2012 The Eleventh Commercial Court of Appeals will hear on July 5 the hearing of an appeal against the court judgment invalidating loan contracts worth over $96.8 million between Luxemburg-based Yukos Capital S.a.r.l. and Samaraneftegaz.

Moscow airport's $69k action against Defense Ministry dismissed

15:52 16/05/2012 The Ninth Commercial Court of Appeals has upheld the lower court's decision to dismiss the Sheremetyevo airport's lawsuit to recover $69,000 from the Defense Ministry for using the airports premises.

Lawsuit for $20 mln from Moscow for palace renovation to be handled on July 13

11:32 14/05/2012 The Moscow Commercial Court has scheduled July 3 as the hearing date for UniversStroyLux construction company's lawsuit against Moscow government to recover approximately $20 million for restoring a palace in Kolomenskoye park reserve.

Multi-million lawsuit against Altai Special Economic Zone to be heard on May 16

14:34 12/05/2012 The Altay Republic Commercial Court postponed until May 16 the consideration of the lawsuit filed by Megapolis, former general contractor of construction at Gorny Altai's recreation area, to recover over $2.22 million from a branch of Special Economic Zones for work undertaken.

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