Russian Standard Vodka (RSV), a major Russian vodka-producing company, took civil action and initiated criminal prosecution against its former CEO Carlo Radicati after he had left the company to become the CEO of a competing holding, Russian Alcohol. RSV asserts Radicati breached his duty of care by paying $14.4 mln to a RSV’s U.S. subsidiary for economically unjustified “marketing services.” RSV also maintains that Radicati committed criminal fraud by paying to himself a bonus of $100,000 without a relevant approval of the Board of Directors.
http://russian-law.livejournal.com/46295.html
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