Firm formerly controlled by Browder again denied recovery of claim against HSBC in fullThe Sixteenth Commercial Court of Appeals has upheld recovery of 388,400 rubles ($6,000) from HSBC Bank and HSBC Management in favor of a firm believed to be formerly controlled by William Browder’s Hermitage Capital Management, denying to grant its claim in full.10:54 01.11.2019
Firm formerly controlled by Browder again demands $2 mln from HSBCDalnaya Step has filed an appeal against a lower court’s ruling ordering HSBC Bank and HSBC Management to pay the company believed to be formerly controlled by William Browder’s Hermitage Capital Management 388,400 rubles ($6,000) instead of 125.3 million rubles (nearly $2 million) demanded.10:38 20.09.2019