The Savelovsky District Court of Moscow city terminated the proceedings on the bank’s claim against our Principal for the recovery of debt in the amount of more than 4 million rubles under a loan agreement in connection with the refusal of the bank from the claim. Accompanying our Principal in negotiations with the bank and building legal protection in the litigation, which lasted 9 months, contributed to the amicable resolution of the dispute. Also, as a result of the agreement, our Principal was released from reimbursement of court costs, including the payment of state duty and the bank’s legal costs. The interests of the Principal were represented by Valentina Petrova, First Deputy Head of the Bureau of Lawyers “De Jure” and Maria Ovchinnikova, Head of the Department of Legal Support of Contractual and Judicial Work.
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