MOSCOW, March 19 (RAPSI) – The Moscow Commercial Court has dismissed a bid of the Republic of Belarus, represented by the country’s Council of Ministers, to reverse a ruling on the recovery of $3.2 million in favor of Russian construction firm Management Company Davinchi, according to court records.
In June 2020, the petitioner asked the Moscow Commercial Court to reverse a decision of the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation of March 12, 2020.
On June 25 the hearings were stayed due to paperwork irregularities; nevertheless these irregularities have not been corrected by a deadline set by the court.
Davinchi, in turn, asked the Moscow Commercial Court to issue a writ of enforcement of the Commerce Chamber award granted on March 12, 2020.