MOSCOW, August 13 - RAPSI. The Ninth Commercial Court of Appeals has confirmed the lawfulness of the court decision to recover 27.1 million rubles ($850,860) in debt from Metro Cash & Carry, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Monday.
Earlier, Metro Cash & Carry filed an appeal against the Moscow Commercial Courts January 25 decision partially satisfying Icebit's lawsuit to recover the initially claimed 75 million rubles ($2.35 million) from the company.
The court found that Icebit supplied goods to the defendant from 2009 to 2011 amounting to 82.4 million rubles ($2.58 million).
The defendant's receipt of the goods is confirmed in the consignment notes, according to the court. The parties do not dispute the nature or the amount of the supplies.
The defendant has already transferred 43.9 million rubles ($1.37 million) to the plaintiff. The court decision reads that the rendered services and the cost of the returned goods subject to recovery amount to 27.1 million rubles ($850,860). The defendant confirmed its debt of 27.1 million rubles. However, as for the other claims in the case, it considers the lawsuit to be groundless.
It also asked the court to refuse to demand interest from the company.
Metro Cash & Carry said the plaintiff has not provided evidence that it sent invoices to it.
Metro Cash & Carry is a trading division of the German METRO Group, a leading global cash and carry chain. It has 57 stores in Russia.