MOSCOW, July 17 - RAPSI. The Moscow Commercial Court has delayed until September 7 its consideration of the Bank of Moscow's lawsuit against Milstream Black Sea Wines to recover a $25 million loan, the court told the Russian Legal Information Agency (RAPSI/

The parties have long been negotiating a settlement and therefore the hearings have been rescheduled on several occasions. On Tuesday, the bank promised that the talks would be completed by late August.

In a previous statement, the bank told RAPSI that it was "following its plan to protect its legitimate interests." According to the source, the plaintiff seeks the repayment of the outstanding principal amount, plus interest according to the loan agreement, as it is not a shareholder of its debtors, but rather its lender.

The bank, which changed control last year, has inherited a number of non-core assets, including an alcohol business.

VTB, Russia's second largest bank, purchased 46.48 percent of the Bank of Moscow from the Moscow government in February 2011.