Court resumes Rosbank vs. Uralvagonzavod

Sverdlovsk Region Arbitration Court resumed the hearing of the claim laid by OAO AKB Rosbank’s Yekaterinburg subsidiary against Uralvagonzavod Scientific & Production Enterprise. The plaintiff insists on being paid 167 million RUR worth of debt. The court hearing was scheduled for December 22, 2009.


The debt in question stems from the money borrowed through promissory notes as well as the interest and fines.


The proceedings could be resumed after the results of the handwriting comparison had been received.


The thing is, the defendant insists that its creditor’s claims are ungrounded because the date when the promissory notes for December 2008-April 2009 were signed and the signature of the company’s General Director can’t be authentic as the GD was allegedly away on business on that particular day.


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