Attorneys of “Padva & Partners” doubt the efficiency of uniting the Supreme and Higher Arbitrazh Courts and transferring the newly created court instance to St. Petersburg.
Attorneys of “Padva & Partners” Sergey Koronets and Nikita Chernenilov have won at the Presidium of the Higher Arbitrazh Court of Russia on a claim seeking to invalidate a set-off transaction for USD 27m, filed by a Lithuanian bank to a Russian investment company. Decisions of lower courts against the Law Office client have been reversed and the case returned for a new hearing.
A foreign company filed with the Russian arbitrazh court seeking recognition and enforcement in Russia of a foreign court judgment on a corporate dispute, which deprived a client of the Law Office of title to an equity interest in a Russian company.