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Protection of Interests of VEB Capital

Lawyers of the Moscow office have protected the interests of subsidiaries of the VEB Group in terms of claims filed against them to recover a debt under loan agreements in the amount exceeding RUB200 million.

"We have succeeded in proving that the claimant acquired a debt which actually did not exist, as VEB companies had repaid the debts by set-off before the dispute had arisen. Consequently, having analysed the procedural documents related to the economic dispute we changed the strategy for protecting the client's rights and it helped us reduce the amount of the claim from RUB200 million to RUB5.7 million!", - says the head of the Moscow office of Prime Advice Law Firm, Vadim Markatyuk.