German businessman Franz Sedelmeier continues to seek compensation for the loss of his investment in a joint venture with the St. Petersburg city government to restore a building on Stone Island that was taken over by the Presidential administration in 1995. In his most recent effort to enforce a 1998 Stockholm arbitration award, a Berlin court accepted the Russian government’s defense that the Russian House of Science and Culture is used for sovereign purposes and is therefore immune from seizure.
http://10.vedomosti.ru/newspaper/print/2009/09/28/214858
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