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FBK Legal Defends Yamaha Interests in Court

FBK Legal Defends Yamaha Interests in Court

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FBK Legal has represented Yamaha in a successful debt recovery matter involving equipment it supplied worth more than RUB 200 million against a Russian dealer. FBK Legal also won a lawsuit initiated by the dealer who tried to contest a mortgage agreement used as collateral for the debt.

According to Elena Bokareva, Manager of FBK Legal's Corporate Practice. the dealer’s lawsuit against Yamaha for annulment of the mortgage agreement was filed in response to Yamaha's lawsuit for debt collection and mortgage foreclosure. “By filing this lawsuit the dealer expected to suspend the proceedings in the initial case," she said. "By separating the lawsuit on mortgage foreclosure we managed to avoid suspension and recover the entire debt."

FBK Legal Senior Lawyer Marina Balandina explained that,“it took a lot of hard work for us to collect source delivery documents supporting importation of each of more than 400 pieces of equipment to Russia and their delivery to the dealer’s warehouse.”

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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