The Federal Arbitration Court of the Moscow Circuit upheld the ruling of the Arbitration Court of the City of Moscow and the resolution of the Ninth Arbitration Appeals Court that satisfied the claims filed by OJSC “Gazprom” against Joint-Stock Commercial

In a decision, the resolutive part of which was declared on 22.09.2006, the Federal Arbitration Court of the Moscow Circuit upheld the ruling of the Arbitration Court of the City of Moscow of 07.06.2006 and the resolution of the Ninth Arbitration Appeals Court of 08.08.2006 that satisfied the claims filed by OJSC “Gazprom” against Joint-Stock Commercial Bank “Natsionalny Rezervny Bank” (LLC) for the recovery of the principal amount of a promissory note issued by the Joint-Stock Bank “Imperial.”

Earlier, in the course of the consideration of this dispute, attorneys of the Law firm “YUST”, acting as representatives of OJSC “Gazprom”, achieved the revocation of the acts of lower courts that had dismissed the claims, by the Federal Arbitration Court of the Moscow Circuit.

Upon a new consideration of the claim filed by OJSC “Gazprom” with the participation of attorneys of the Law firm “YUST” by the Arbitration Court of the City of Moscow and the Ninth Arbitration Appeals Court, the claimant’s arguments were acknowledged as valid and its claims satisfied in full.

On 22.09.2006, the Federal Arbitration Court of the Moscow Circuit affirmed the legality of the indicated conclusions of the arbitration courts of the first and appeals instances.