MOSCOW, February 14 - RAPSI, Sergei Feklyunin. A court has registered the Moscow-based AMT Bank's $55 million lawsuit against Logopark Kolpino, the court told the Russian Legal Information Agency (RAPSI/rapsinews.ru).
The court did not specify the merits of the dispute.
The lawsuit was filed on February 7. The hearing date has yet to be set.
The Kolpino Logistics Park near St. Petersburg was established by Eurasia Logistics. The size of the park is roughly 580,000 square meters. Eurasia Logistics is a major Russian industrial and warehouse property developer owned by Kazakh businessman Mukhtar Ablyazov. It is a part of the Eurasia investment and industrial group. It has implemented the A-class Kolpino project since 2005.
AMT Bank (previously known as BTA Bank) is a multipurpose financial institution with nine branches and 26 offices. According to the RIA Analytics Economic Research Center, AMT ranked seventy-first in terms of assets as of April 1, 2011.
The Moscow Commercial Court upheld the Central Bank's petition for ATM Bank's bankruptcy in October 2011. The Deposit Insurance Agency (DIA) was appointed to act as the receiver of the failed bank. The Central Bank revoked AMT's license in July for forging account data. The banks deposit portfolio amounted to 15 billion rubles ($502 million). According to the DIA, it will pay a record 13 billion rubles ($435 million) to AMT's depositors.
According to AMT Bank's website, Ablyazov owns a 19.7-percent stake in AMT. Ablyazov has lived in the UK since 2009. Earlier, a criminal case was initiated