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BCLP Successful for PJSC VimpelCom Before Court of First Instance

BCLP Successful for PJSC VimpelCom Before Court of First Instance

Russia
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Bryan Cave Leighton Paisner has successfully defended the interests of PJSC VimpelCom in the first instance in a dispute regarding the recovery of antimonopoly damages.

According to BCLP, “earlier, the FAS Russia found that mobile operators violated anti-monopoly laws by setting monopoly high prices for SMS mailing services. Based on the conclusions of the antimonopoly authority, JSC Tinkoff Bank applied to mobile operators, including PJSC VimpelCom, with claims for the recovery of losses incurred, according to the bank, as a result of a violation of antimonopoly laws by operators.”

According to the firm, “the court of the first instance agreed with the defendant's arguments and refused JSC Tinkoff Bank to recover damages.”

PJSC VimpelCom is the third-largest wireless and second-largest telecom operator in Russia.

BCLP’s team included Partners Nikolai Voznesensky and Ivan Veselov.