Penalty Recovery Disputes

The Court of Appeal has affirmed the Moscow City Arbitration (Commercial) Court's decision to recover a 4.7 million ruble penalty in favor of AGP's client. Documents submitted by the defendant in the case that had been earlier brought by it against AGP's client before and heard by the Moscow City Arbitration (Commercial) Court, constituted the cause of action.

The results of the first (suit against AGP's client) and the second (AGP client's suit) court proceeding were disappointing for the client's opponent, as a result thereof it is obligated to pay the client a considerable amount of money. In both cases the client was represented by AGP attorney-at-law Kristina Timoshenko.