TRUBOR law firm scored a victory in a series of commercial court disputes related to recovery of assets siphoned from a Russian company

06.12.2019

Advocates of TRUBOR managed to obtain Russian court judgments on invalidation of a series of transactions aimed at siphoning off the assets from a Russian company for the amount exceeding RUB 200 million.

The management of the Russian distributor of a major foreign producer of chemicals for metallurgical industry entered into a series of transactions (production of goods, lease and loans), all aimed at siphoning off the assets to the detriment of the shareholders.

Advocates of TRUBOR managed to obtain Russian court judgments invalidating the said transactions and ordering restitution. The Russian commercial courts upheld the arguments of the advocates of TRUBOR that no works or services have been performed by the counterparties and the transfer of the securities (promissory notes of the major Russian bank) were all fictitious.

Our clients was represented in courts by our advocates Mr Kirill Trukhanov and Alexander Trushkov.

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