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In its ruling, the resolutive part of which was declared on 26.04.2007, the Federal Arbitration Court of the Moscow Circuit upheld the resolution of the Tenth Arbitration Appeals Court and the decision of the Arbitration Court of the Moscow Region that s

28.04.2007

OJSC “Remontno-mekhanichesky zavod “Krasnopakhorsky” applied to the arbitration court with a claim for the acknowledgement of its property rights to illegally seized real estate, the reclamation of this property from another party’s illegal possession and the entry of the relevant registration notation into the Unified State Register of rights to real estate and transaction with it.

The advocates of the Law firm “YUST” represented the interests of OJSC “Remontno-tekhnichesky zavod “Krasnopakhorsky” in all three stages of court proceedings and were able to attain the full satisfaction of the client’s claims.

The Arbitration Court of the Moscow Region upheld the arguments of the client’s representative concerning grounds for the acknowledgement of property rights regarding the object of real estate, insofar as the latter was seized from the owner due to illegal actions by state bodies and sold by public auction. The Arbitration Court also agreed with the arguments advanced concerning the reclamation of the said property from the ownership of an innocent buyer and granted the claim filed by OJSC “RMZ “Krasnopakhorsky.”

The Tenth Arbitration Appeals Court, having examined the appeals complaint of the respondent, left the ruling in force.

On 26.04.2007, the Federal Arbitration Court of the Moscow Circuit affirmed the legality of the conclusions of the arbitration courts of the first and appeals instances.


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