MOSCOW, July 6 - RAPSI. The Moscow Commercial Court will hear on September 3 AMT Bank's two lawsuits to recover $46 million from Logopark Tatishchevo, the court told the Russian Legal Information Agency on Friday.
In one lawsuit, the bank seeks 1.4 billion rubles ($43 million) in debt under a loan agreement made in November 2008.
In the second, it seeks 68 million rubles ($2 million) plus interest. The court has accepted the bank's request on Friday to step up the claims amount, although it is still unclear by how much.
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 Russia in terms of assets as of April 1, 2011.
A network of logistics centers are presently being built under the Eurasia Logistic project, including Logopark Tatishchevo.
Eurasia Logistic is owned by Kazakh businessman Mukhtar Ablyazov. The project works to develop industrial facilities in the former Soviet Union, is part of the Eurasia investment and industrial group and has been implementing Class A industrial complex projects since 2005.