Tag: Contractual obligations
АirBaltic claims sureties in Investbank dispute are fake
An AirBaltic representative has alleged that surety contracts at issue in a case launched against the airline company by Investbank were forged, the court spokesperson told the Russian Legal Information Agency (RAPSI/rapsinews.com). Baltijas Aviacijas Sistemas is co-defendants in the case with Latvian national airline AirBaltic. Between two complaints, the bank is seeking a total of 13.5 million euros from Baltijas Aviacijas Sistemas as the borrower and AirBaltic as the guarantor.