The Russian company filed a lawsuit against a legal entity with foreign participation with a request to seize the funds on the current account of such a legal entity for the subsequent repayment of the debt, arguing as follows:
- the authorized capital of a company with foreign participation belongs to organizations from unfriendly countries;
- the sole executive body - an Italian citizen;
- many similar companies are currently suspended in Russia;
- a legal entity with foreign participation declared that it was impossible to immediately repay the debt.
The Arbitration Court of the Omsk Region ruled to take measures to secure a claim in case No. А46-3889/2021 dated March 16, 2022 in favor of a Russian company and seized the funds of a legal entity with foreign participation. Although there is no case law in Russia, this definition can greatly contribute to the resolution of subsequent such disputes.
Source: http://consultant.ru
For more information, please contact the consultants of the Confidence Group company.
The texts of the newsletters are intellectual property of Confidence Group, protected by the copyright laws of Russia. The information may not be reproduced in any form whatsoever without linking to this web site or to pages of this website.
