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Luxemburg to Seiz Lisin's Assets
21.06.2011 14:49
Luxemburg to Seiz Lisin's Assets

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. 


Author: Ksenia Dzhalagonia

Tags: Russian business Russian companies Russian oligarchs   

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