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Court hearing on VTB’s suit against MG Group due January 26

January 17, 2011 | Prime-TASS (translated by Cbonds)

The Moscow Arbitration Court has rescheduled a hearing on VTB’s suit against MG Group (former Mirax Group) to January 26. VTB brought an action against MG Group in order to declare in bankrupt. The claim was filed on January 12. The hearing was postponed once again for the parties to be able to submit additional documents.

In April 2010 VTB then holding 145,001,000 Series 02 bonds of Mirax Group filed a claim with the Moscow Arbitration Court seeking a RUR155.4m payment from Mirax Group and guarantors OOO Moint and ZAO Stroymontazh. The claim was full satisfied by the Court in September 2010.

Company: MG Group

Full company name"MG Group" LLC
Country of riskRussia
Country of registrationRussia
IndustryConstruction and development

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