The court’s decision will take effect at the end of the period for filing an appeal by all participants in the case.
The High Anti-Corruption Court (HACC) has decided to revoke the right to claims under the loan agreement on the Ocean Plaza shopping center as state revenue. The cost of the loan is 148 million in debt and 67.6 million dollars in interest on the loan. With this decision, VAKS satisfied the claim of the Ministry of Justice of Ukraine, the press service of the court reports.
VAKS decided to recover from state revenue:
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right of claim under a loan agreement concluded between the limited liability company Investment Union Lybid and the company Ethoder Investments Limited, the debt of which amounts to 148,470,224.38 US dollars (loan debt), 67,636,435.63 US dollars (debt with accrued and unpaid interest) ;
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right of claim under a mortgage agreement concluded between the limited liability company Investment Union Lybid and the company Ethoder Investments Limited;
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right of claim under the pledge agreement concluded between the limited liability company Avangard-Vilarti and the company Ethoder Investments Limited.
The court’s decision will take effect at the end of the period for filing an appeal by all participants in the case, if the appeal has not yet been filed.
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As we already wrote, President Vladimir Zelensky supported a new package of sanctions by the National Security and Defense Council of Ukraine against 73 business entities – airports and air cargo companies – and 74 individuals of the Russian Federation.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.