Navalny's High-Profile Rosneft Lawsuit Dismissed

The Ninth Commercial Court of Appeals has upheld the Moscow Commercial Court’s decision dismissing Rosneft minority shareholder Alexei Navalny’s lawsuit over the production of company documents. Thus, the court has dismissed his appeal and the first instance court's ruling has come into effect. The dispute over whether Rosneft should provide Navalny with the meeting minutes has passed through courts in three instances and has continued for more than two years. Navalny filed the lawsuit because he believed the contracts were not on an arm's length basis.

http://www.rapsinews.com/judicial_news/20120806/264129385.html