On April 23, 2014, the Seventh Arbitration Court of Appeal upheld the decision of the Arbitration Court of Altai Krai regarding case No. А03-16759/2013 under which the claim of a company shareholders to nullify transactions was rejected.
This time, three representatives of the opposing party participated in the hearing and tried to convince the appeal court that an improper decision had been taken by the Arbitration Court of Altai Krai.
We believe these proceedings might have been initiated not only to avoid disbursements against liabilities but also to postpone the hearing of another case No. А03-11116/2013 regarding recovery of unpaid works from OAO Stolnyi Grad Culture and Entertainment Center (JSC). This is consistent with the fact that during the trial in case No. А03-11116/2013 the defendant applied to postpone the proceedings before the judgment in case No. А03-16759/2013 twice, in the first instance court and the appeal court.
Such actions are typically used to delay trials by disreputable providers.
The adopted procedural strategy and qualified legal services provided by the AB law firm let to win this complicated dispute.