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The Palace of Justice of Luxemburg has arrested Russian steelmaker NLMK's share in a joint venture with Duferco trader, owned by Luxembourg company Steel Invest & Finance.
NLMK's assets, controlled by Russia's richest man Vladimir Lisin, were arrested at the action of a businessman Nikolai Maksimov, who is arguing with NLMK since 2007.
Maximov and his associates and companies have retaliated with 37 cases against the NLMK group, with a total sum in claim of Rb1.4 billion ($50 million). 15 have been won by Maximov; 15 lost; and seven are continuing, according to Businessinsider.
NLMK's assets, controlled by Russia's richest man Vladimir Lisin, were arrested at the action of a businessman Nikolai Maksimov, who is arguing with NLMK since 2007.
Maximov and his associates and companies have retaliated with 37 cases against the NLMK group, with a total sum in claim of Rb1.4 billion ($50 million). 15 have been won by Maximov; 15 lost; and seven are continuing, according to Businessinsider.
Author: Ksenia Dzhalagonia
