MOSCOW, December 9 - RAPSI, Natalia Belova. A court will hear the Central Bank's lawsuit to levy execution on the shares in a major shipyard behind closed doors, the Russian Legal Information Agency (RAPSI/rapsinews.com) reports from the court.

It was reported on Friday that the case was classified. The court has adjourned hearings until December 15.

The Central Bank seeks to recover 88.32 percent of shares in Baltiysky Zavod shipyard pledged on July 15, 2010 as a security for Mezhprombank's loans worth 32 billion rubles ($1 billion).

In November the court appointed Ernst & Young to appraise shipbuilder's shares at the request of the Central Bank.

The Baltiysky Zavod shipyard builds diesel and nuclear icebreakers, large cargo vessels, naval ships and manufactures power and other engineering hardware.