Contractual obligations

Tag: Contractual obligations

Ulmart co-owner Kostygin ordered to pay Globex bank $240,000

The Petrogradsky District Court of St. Petersburg has collected 15 million rubles ($240,000) from a co-owner of Russian Internet retailer Ulmart Dmitry Kostygin in favor of Globex bank.

14:26 15.05.2018

Ex-Vnesheconombank top manager detained on abuse of office charges

Moscow’s Presnensky District Court has detained ex-director of Vnesheconombank (VEB) regional development department Ilgiz Valitov charged with abuse of office until June 20.

10:59 25.04.2018

Moscow court upholds dismissal of Siemens lawsuit over gas turbines

The Ninth Commercial Court of Appeals has upheld a lower court’s ruling to dismiss a lawsuit filed by a Russian subsidiary of German conglomerate Siemens against subsidiaries of Russia’s state corporation Rostec over alleged supply of gas turbines to Crimea.

13:59 14.03.2018

Transneft’s appeal in dispute with Sberbank set for November

The Moscow District Commercial Court will hear an appeal filed by Russian pipeline operator Transneft against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit, on November 30.

15:59 31.10.2017

Transneft files appeal in $1 bln dispute with Sberbank

Russian pipeline operator Transneft has filed an appeal against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit.

12:45 20.10.2017

Bill on compensations for overbooking reaches State Duma

Bill introducing liability of airlines to passengers for overbooking reached the State Duma on Wednesday.

16:05 27.09.2017

Russian court quashes $1 bln worth decision against Sberbank on complaint

The Ninth Commercial Court of Appeals has ruled in favor of Russian largest bank Sberbank by quashing a decision saying its derivative contract worth 66.5 billion rubles (about $1.1 billion at the current exchange rate) with Russian pipeline operator Transneft was illicit.

17:49 23.08.2017

Ex-head of Penitentiary Service’s directorate gets 7 years for taking bribe

The Syktyvkar City Court has sentenced former head of Komi Republic’s Federal Penitentiary Service (FSIN) Directorate Alexander Protopopov to 7 years in prison for receiving 625,000 rubles (about $11,000) in bribes.

14:55 17.05.2017

Russia ordered to pay Poland $2 mln for use of building

The Warsaw District Court has ordered Russia to pay 7.8 million zloty (about $2 million) to Poland for non-contractual use of a building in Warsaw.

17:49 09.11.2016

Bulgarian Overgas files lawsuit against Gazprom over failure to deliver product - report

A lawsuit has been filed by Bulgarian gas distributor, Overgas, against Russian leading gas corporation Gazprom after the halt in gas supplies between two companies.

11:21 14.04.2016

Rival of notorious Russian tycoon released on bail in Cambodia - report

Russian businessman Nikolai Doroshenko, who was detained in Cambodia on March 25 after failing to appear in court in the case over breach of trust initiated by his rival, infamous Russian developer Sergei Polonsky, has been released on bail.

11:40 28.04.2015

Russian boxing promoter wins $1.6 mln from Don King for canceled fight

Director of the World of Boxing promotion company Andrei Ryabinsky won $1.6 million from boxing promoter Don King for a canceled fight between Denis Lebedev and Guillermo Jones.

17:05 03.02.2015

Rival of scandalous Russian tycoon denies his arrest in Cambodia

Russian businessman Nikolai Doroshenko, who is living in Cambodia, has not been arrested in the case initated by his rival, infamous Russian developer Sergei Polonsky, and is not hiding

15:41 27.01.2015

Yukos Capital wants Russia to recognize Paris court ruling on unpaid loans

Luxembourg-registered Yukos Capital S.a.r.l. (Yukos) has filed a claim with a Commercial court in Tomsk seeking to recognize the ruling of the international court on its litigation versus Russian Tomskneft over three unpaid loan agreements.

13:46 21.01.2015

Cambodian court issues warrant for Russian businessman over island development

A Preah Sihanouk province court has issued an arrest warrant for Russian and Cambodian national Nikolai Doroshenko in a case regarding the rights to the investment projects on four islands located near the resort town of Sihanoukville, RIA Novosti reports citing the press secretary of Doroshenko's business partner, infamous Russian developer Sergei Polonsky.

12:40 21.01.2015

Russia may sue France over Mistral warship delivery in next six months

Russia may file a suit in next six months against France for failure to deliver Mistral helicopter carriers, according to Defense Minister Sergei Shoigu.

15:34 15.01.2015

LUKOIL wins dismissal of US lawsuit over alleged fraud

Russia’s oil producer OAO Lukoil won the dismissal of a long-running action accusing the company of being engaged in an illegal scheme which led Archangel Diamond Corporation (ADC), a Canadian diamond development company, to bankruptcy.

15:09 23.12.2014

Kalashnikov contract with US suspended

A contract to deliver up to 200,000 Kalashnikov guns to North America has been suspended on the initiative of the North American party. “We have not delivered a single gun under this contract,” Kalashnikov Director General Alexei Krivoruchko told RIA Novosti on Tuesday.

15:46 02.12.2014

Russia threatens to sue France over Mistral warships

Russia has reserved the right to sue France if it fails to deliver the two contracted Mistral-class helicopter carriers.

15:43 28.11.2014

Warner Music reaches $26k settlement with t.A.T.u. vocalist

The Moscow Commercial Court approved a settlement in the lawsuit of SBA Production, a Warner Music Group company against Yulia Volkova, a former member of the once popular pop group t.A.T.u., the court said on its website Thursday.

12:11 27.11.2014