Sverdlovsk Region Arbitration Court is to consider the counter-claim laid by Bobrovskiy Insulation Plant against Bank24.ru. The plaintiff wants their security agreement to be declared invalid. The preliminary court hearing has been scheduled for July 8, 2009, with Leader Holding Company involved in the suit as the third party.

Meanwhile, Bank24.ru has earlier laid its claims against Bobrovskiy Insulation Plant and Leader Holding Company, insisting that the defendants should pay the bank 67.7 million RUR. The bank also wanted the companies’ mortgaged property arrested. The defendants disagreed with this claim and pointed out that Bank24.ru had raised the interest rate on loans to 19% a year. Then, they couldn’t accept the bank’s estimates of 22,680,900 RUR as their property’s initial cost. The defendants declared the experts had deliberately diminished the market value of the mortgaged property.