Publications / 2.03.2021

“Metrostroy” has received new claims for half a billion rubles / Comment / Delovoy Peterburg 

 “Construction and Assembly Department No. 13 Metrostroy” LLC (CAD) applied to the Commercial (‘Arbitration’) Court of St. Petersburg and the Leningrad Region with two claims for the recovery of 454.4 million rubles and 125.7 million rubles from “Metrostroy” JSC. As follows from the case file, in the first case, the claim has been accepted for prosecution, with the hearing scheduled for 30 March. In the second, the court has not yet made any decision. “Metrostroy” itself declined to comment to Delovoy Peterburg on the situation.

Andrew Bezhan, a Counsel in the Dispute Resolution Practice in the St. Petersburg office of Borenius Russia, shared with Delovoy Peterburg newspaper his view on what will happen if the claims of CAD No. 13 are satisfied by the court.

Read the full article (in Russian)

 

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