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HANDS OFF THE "RUSSIAN STANDARDS". THE SUPREME COURT REFUSED TO RECOVER 49% OF CITIBANK'S SHARES

The Supreme Court has denied the British Citibank satisfaction of the claim for the recovery of 49% of the shares of the bank "Russian Standard". The court ruled that Citibank was not a proper plaintiff. On September 25, Supreme Court Judge Irina Bukina did not give a move to the complaint in case No. A40-168876/2020 about the recovery of 49% of the shares of the "Russian ...

RUSSIAN STANDARD IS THREATENED WITH BANKRUPTCY BY TRUST

Russian Trust Bank is considering the possibility of filing a bankruptcy claim against Rustam Tariko's company Russian Standard. As explained in the bank, the holding systematically ignores loan payments. Russian Standard's loan was previously restructured - by $85.7 million. However, according to the representative of the "Trust" arrears have been ...

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