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TOCHKA BANK FILED 6 LAWSUITS AGAINST MTS' DAUGHTER

On August 30, 2024, the Intellectual Property Rights Court (IPC) received 6 applications from Tochka Bank. The defendant is the Russian Telephone Company (RTC), which is a subsidiary of MTS PJSC. Rospatent passes through them as a third party. The credit institution demands that the court prematurely revoke the rights of the RTC to trademarks (TK) registered for the defendant in several classes (9, 16, 35 and 36) of the International ...

Companies have started to reject bankruptcy moratorium

... the government act does not apply to the company's activities. Previously, other enterprises of the holding (for example, the Permian SIBUR-Khimprom) refused to apply a moratorium. Another well-known company that has also rejected the moratorium is MTS. This is not the first time the telecom operator has done this. The firm previously resorted to similar measures in 2020, when a moratorium on bankruptcies was enacted due to the pandemic. Whether the company will be involved in the buyback is not ...

TINKOFF BANK FILED A 677 MILLION RUBLES CLAIM AGAINST MEGAFON

... Court to recover 677.1 million rubles from Megafon company. In recent months, this is already the third claim of the bank to mobile operators. Earlier, proceedings were initiated against VimpelCom PJSC (the amount of claim was 437 million rubles) and MTS (the amount to be collected was 1.1 billion rubles). In each process, the Federal Antimonopoly Service was declared as a third party. The claim filed against MTS is related to the earlier decision of the Federal Antimonopoly Service on overpricing ...

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