Books do not give up: a new stage of the struggle for control of Singer House has begun / Comment / Delovoy Peterburg
The Commercial (‘Arbitration’) Court has registered applications for the termination of commercial property sublease agreements in Singer House. A bookstore associated with a former tenant shareholder may be forced to move out, citing non-market conditions.
Arina Dovzhenko, a Partner and Head of the Real Estate & Construction Practice at Borenius Russia, commented to business newspaper Delovoy Peterburg on what will determine the prospects for resolving this dispute.
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