Monday, September 28, 2009

London Collection Claims against Obneftegaz

Vneshtorgbank’s Cyprus subsidiary, Russian Commercial Bank, is pursuing London court and arbitration proceedings against Obneftegaz and its surety Fedor Khoroshilov for repayment of $242 million owed by the company. The court ordered Khoroshilov to declare his assets, and meanwhile enjoined him from disposing of villas in France and Italy, a yacht, and a Boeing airplane. Khoroshilov denies having the property attributed to him.

http://10.vedomosti.ru/newspaper/print/2009/09/28/214832

No comments:

Post a Comment