Rusal, the world's largest aluminum company, has threatened to sue Russian daily Vedomosti over recent negative reports, based on confidential sources, about Rusal's financial condition. Rusal asserts that the reports violate Russian securities law by giving investors who read Russian an advantage in Rusal's planned Hong Kong initial public offering of stock.
http://www.nytimes.com/2009/11/10/business/global/10ruble.html
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Hi:
ReplyDeleteIronically, recent news suggests that Deripaska has fallen out of favor with the "Powers that Be" -- see:
Interview of Sergei Stepashin in Vedemosti -- May 12, 2009 as well as well as interview of Deripaska discussing corruption in the Russian Court system as quoted in an AP story, dated October 21, 2009.
Regards,
Ethan