MOSCOW, July 12 - RAPSI. The Moscow Commercial Court set back the date of the hearings into ZiL's lawsuit to recover $35.37 million from its former managing company MAC. The hearing is now scheduled for July 18, the court told the Russian Legal Information Agency on Thursday.
ZiL claims that the management agreement was illegally extended from October 2008 to April 2011. The plaintiff seeks to recover the bonuses paid to the company during the period.
On Thursday, the plaintiff requested the court to attach a number of documents to the case which prove "that the managing company's services were overpriced." The documents have been submitted to court, but so far they have not been delivered to the judge. The defendant has not yet received the documents, and therefore the hearings were adjourned.
Earlier, ZiL's representative said at the hearing that they should declare the agreement null and void, since it had not been approved by the shareholders' meeting.
In turn, the defendant said "the agreement has nothing to do with the general shareholders' meeting."
ZIL is Russia's first automobile plant. It was established in 1916. Its total area amounts to 280 hectares. ZIL mostly produces six-tonne gasoline and diesel trucks. The plant also provides special vehicles for the Emergency Ministry.