NLMK

Tag: NLMK

Appeals court upholds $229 million fine for Maxi Group founder

The Ninth Commercial Court of Appeals has upheld a ruling to award Novolipetsk Steel (NLMK) 7.3 billion rubles ($229 million at the time of the deal) in its lawsuit against Maxi Group’s founder, Nikolai Maximov, RAPSI learned in the court.

14:33 07.07.2014

Court upholds ruling that Novolipetsk Steel did not hike steel prices

The Supreme Commercial Court has upheld previous appeals court decisions that overruled a Federal Antimonopoly Service decision that implicated Novolipetsk Steel in unjustified transformer steel price hikes for Russian buyers, RAPSI learned in the court on Monday.

16:26 23.06.2014

European Commission may open anti-dumping case against Novolipetsk Steel

European steel lobby Eurofer plans to file an anti-dumping case with the European Commission against exports of electrical steel sheet from Russia, Reuter writes on Monday.

10:36 17.02.2014

Maxi-Group founder to pay RUB 7.3 billion to Novolipetsk Steel

The Moscow Commercial Court has awarded Novolipetsk Steel 7.3 billion rubles ($229 million at the time of the deal) in its lawsuit against Maxi Group’s founder and to invalidate a transaction to purchase a stake in his group.

11:36 10.02.2014

Appeal in dispute over NLMK $609mln transactions dismissed

The Urals District's Federal Commercial Court has upheld the dismissal of the lawsuit filed by Nizhneserginsky Hardware and Metallurgical Plant shareholder Maria Maximova to invalidate the circa 19 billion rubles ($609.9 million) loan contracts between the plant and NLMK.

12:51 23.11.2012

Appeal under $620 million dispute between NLMK and Ural plant set for Nov.22

The Ural District Federal Commercial Court will hear on November 22 Nizhneserginsk Hardware and Metallurgical Plant shareholder Maria Maximova's appeal against the refusal to invalidate $620 million in loan contracts between the plant and NLMK.

17:24 22.10.2012

Appeal of verdict on metal giant's $608 mln loan dispute to be heard

The Federal Commercial Court for the Urals District has registered an appeal filed by Maria Maximova, a shareholder of Nizhneserginsky Hardware Metallurgical Plant, of the refusal to quash loan agreements between the plant and Novolipetsk Steel (NLMK) worth approximately $608 million (19 billion rubles).

14:56 02.10.2012

Daughter of former Maxi-Group head seeks $376mln from steel giant

The Sverdlovsk Regional Commercial Court has postponed hearing two complaints by the daughter of former Maxi-Group head, Nikolai Maximov Maria, to recover $373 million in damages from Novolipetsk Steel Company (NLMK).

13:33 05.09.2012

Hearings in NLMK lawsuit against Maximov postponed

The Moscow Commercial Court has adjourned until August 17 the preliminary hearings in the Novolipetsk Steel's (NLMK) lawsuit to recover $400 million from Maxi Group founder Nikolai Maximov.

15:54 10.08.2012

Steel giant's $68 million unjust enrichment suit postponed

The Lipetsk Regional Commercial Court has pushed back its hearing of the lawsuit by Novolipetsk Iron and Steel Works to recover $68.36 million from Steel Construction Concern until August 8

13:44 23.07.2012

Commercial Litigation Weekly Calendar (July 23 - 27)

10:19 23.07.2012

Hearings of united NLMK's multimillion suits against Maximov postponed

The Moscow Commercial Court has postponed until August 10 the preliminary hearings into two Novolipetsky 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.

17:14 29.06.2012

NLMK’s claim against Maxi-Group ex-top managers rejected

The Supreme Commercial Court has rejected the Novolipetsk Metal Corporation’s (NLMK) appeal for the court's presidium to review its lawsuit against former Maxi-Group executives Nikolai Maximov and Alexander Loginovskikh.

13:57 21.06.2012

France recognizes ICAC award worth $232 mln against NLMK

A Parisian court has recognized the International Commercial Arbitration Court (ICAC) at the Russian Chamber of Commerce and Industry ruling to collect $232 million from Novilipetsk Steel (NLMK) for Maxi-Group founder Nikolai Maximov.

15:52 18.06.2012

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

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.

14:38 08.06.2012

Lawsuits worth more than $400mln against NLMK to be heard on June 8

The Moscow Commercial Court has postponed until June 8 the preliminary hearings into two Novolipetsk Steel (NLMK) lawsuits to recover $170.4 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 $237.76 million.

15:15 01.06.2012

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

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.

15:32 25.05.2012

NLMK lawsuits worth $391mln against Maximov merged

Two lawsuits worth a total of $390.85 million by Novolipetsk Steel (NLMK) against businessman and Maxi-Group founder Nikolai Maximov have been combined into a single proceeding by the ruling of the Moscow Commercial Court.

10:31 16.05.2012

German magazine prohibited from publishing remarks about NLMK

The Hamburg Supreme Court has validated the lower-court decision prohibiting the Wirtschaftswoche weekly from disseminating former Maxi-Group head Nikolai Maximov's statements about Novolipetsk Iron and Steel Works (NLMK).

17:55 14.05.2012

Merger of multi-million suits by NLMK against Maximov to be heard on May 15

The Moscow Commercial Court postponed until May 15 the preliminary hearings of the lawsuit by Novolipetsk Steel to recover $178.75 million from Maxi-Group founder Nikolai Maximov.

11:25 12.05.2012