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Major shipbuilder's appeal against $1.45 mln suit to be heard January

12:23 30/11/2011

ST. PETERSBURG, November 30 - RAPSI. A commercial court will hear on January 11 the appeal by a major shipbuilding company against the court decision to award Sberbank $1.45 million, the court materials read.

Sberbank BuildingSberbank Building

The Baltiysky Zavod shipbuilding company is part of the United Industrial Corporation owned by Senator Sergey Pugachyov. The shipyard builds icebreakers, large vessels and combat ships.

Sberbank is recovering the debt under the October 14, 2009 loan contract due to non-payment of interest.

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Major shipbuilder's appeal against $1.45 mln suit to be heard January

12:23 30/11/2011 A commercial court will hear on January 11 the appeal by a major shipbuilding company against the court decision to award Sberbank $1.45 million.
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