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Court shelves $17.3 mln lawsuit by Alfa-Bank

14:53 03/10/2011

MOSCOW, October 3 - RAPSI, Alyona Demidova, Natalia Belova. A commercial court put off until October 10 a lawsuit filed by Alfa-Bank to recover $17.344 million from a number of companies, the Russian Legal Information Agency (RAPSI) reported from the courtroom.

Alfa-Bank was established in 1990. It is the largest private bank in terms of total assets, total equity and customer accounts in Russia.

Alfa-Bank filed lawsuits against Peresvet-Invest, Peresvet-Real Estate and DominionM.

Peresvet-Invest, Peresvet Group's parental company, was established in 1995 as a real estate agency. The group's companies have been united into three sectors - investment and development, agriculture and industry and finance and insurance.

It was earlier reported that the parties are discussing a possible amicable agreement.

The Moscow Commercial Court is examining another two lawsuits worth $38 million filed by MDM-Bank against the Peresvet group of companies.

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Court shelves $17.3 mln lawsuit by Alfa-Bank

14:53 03/10/2011 Commercial court put off until October 10 a lawsuit filed by Alfa-Bank to recover $17.344 million from a number of companies.
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