A bankruptcy case was initiated against our client. Moreover, under the claim, he was required to recover losses incurred due to the purchase of drilling equipment at an inflated price while he was a director. Upon termination of the bankruptcy case, the claim was assigned to an individual creditor, who filed into a court of general jurisdiction on loss recovery.

We achieved the case to be transferred under the arbitration court s jurisdiction. During its consideration there, we managed to justify the lack of proof of losses, make the court apply the statute of limitations and cancel interim protection measures under the claim. The court refused to satisfy the plaintiff s claims in full.

ABYs lawyer Zakhar Khrebtov represented the client in court.