On behalf of the relatives of the four who died in the events of January 13, 1991 – Vidas Maciulevičius, Algimantas Petras Kavolukas, Virginijus Druskis, Apolinaras Juozas Povilaitis – a civil lawsuit was filed to bring former President of the Soviet Union Mikhail Gorbachev to justice, lrt.lt reported. “The lawsuit Continue Reading
lawsuit
Lawsuits from green energy producers could hit $1 billion a year
State losses due to lawsuits from green energy producers could hit $1 billion a year, predicts Oleg Gramotenko, General Director of Tesla Energy, ubn.news reports. “More than half of investors in renewable energy are already negotiating with international law firms regarding the preparation of lawsuits against the state of Ukraine,” Continue Reading
PrivatBank brings new $5.5 billion suit against its former owners
PrivatBank has recently issued a new claim in the Cypriot courts seeking damages of US$5.5 billion in respect of schemes bearing all the hallmarks of fraud and money laundering which the Bank alleges were perpetrated by its former owners, Igor Kolomoisky and Gennadiy Bogolyubov, one of its former senior executives, Continue Reading
SBU asked PrivatBank to stop filing new lawsuits against former owners
With PrivatBank’s new management pursuing hundreds of millions of dollars in claims against the bank’s former owners in London, Tel Aviv and Delaware, the State Security Service, or SBU, has asked the bank to stop filing new lawsuits. Volodymyr Horbenko, the deputy head of SBU, wrote that foreign lawsuits “may Continue Reading
PrivatBank initiated new $600 mln claim against former owners
PrivatBank initiated a new $600 million claim in Tel Aviv District Court against its former owners and other defenders, according to the press service of PrivatBank, Ukrinform reports. “The bank initiated a new claim in Tel Aviv District Court in Israel against former bank owners and other defendants. The claim Continue Reading
PrivatBank wins appeal in lawsuit against former owners
Ukraine’s PrivatBank won an appeal in a lawsuit that allows the country’s largest lender to pursue claims against its former owners in a London court, PrivatBank said. The Court of Appeal found that “the Bank has sufficient litigation to recover $1.9 bln [plus $3 billion in interest] as stated in Continue Reading
Naftogaz filed $5.2 bln lawsuit against Russia over assets in Crimea
The Naftogaz group filed a lawsuit with the Tribunal at the Permanent Court of Arbitration in The Hague with a request to oblige the Russian Federation to pay $5.2 billion in compensation for losses inflicted following the seizure of the group’s assets in Crimea. “At the end of June, NJSC Continue Reading