MOSCOW, December 28 - RAPSI. The Supreme Commercial Court has registered another appeal from Mirax Group against the dismissal of its subsidiary's lawsuit for $64.3 million against the Federal Center for Social Development, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com).
In December 2010 the Moscow Commercial Court dismissed Mirax-Fili's claim to the Federal Center for 1.972 billion rubles ($64.3 million). The judgment was upheld by the Ninth Commercial Court of Appeals in March and the Moscow District Federal Commercial Court in June 2011.
Mirax-Fili claimed payment for the Kutuzov Mile residential quarter renovation it carried out for the Federal Center for Social Development in Moscow from July 2008 to December 2009.
The plaintiff alleged that it paid 2.404 billion rubles ($77.3 million) to its contractors between July 2008 and September 2009, out of which the defendant repaid only 485 million rubles ($15.6 million), so that its debt now stood at 1.909 billion rubles ($61.4 million).
The Mirax Group was founded in 1994. The total area of the company's development projects amounts to 12 million square meters, including 825,000 square meters of completed development.