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A CLAIM FOR 6 BILLION: ALFA-BANK AND SVYAZNOY WENT TO THE WORLD

... will consider the settlement agreement of the parties in December. According to the file of arbitration cases, the proceedings on Alfa-Bank's application against DTS Retail, which owns 69.25% of Svyaznoy, were closed on November 24, while Alfa-Bank's lawsuit against the legal entity Svyaznoy Network LLC still remains in court proceedings. A new meeting on the latter is scheduled for December 8. For the first time, the likely conclusion of a settlement agreement between the companies became known in October. At the same time, Svyaznoy turned to Alfa-Bank with a request to provide installments of 6 billion of the 12 billion rubles that the credit institution collects from the company. Photo: ...

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