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You are here : World News – Russian opinion» WORLD» The Court confirmed the holding action against the "Miel" $ 24.5 million on the lawsuit Rosbank

The Court confirmed the holding action against the "Miel" $ 24.5 million on the lawsuit Rosbank

Posted By Russian Opinion. Under WORLD  Tags: Company  

An appeal was filed by CJSC "MIEL-country real estate investments." A hearing in the trial court at the request of JSC "Barvikha-Village" were closed. The Moscow Arbitration Court May 20 partially granted Rosbank, part of the French financial group Societe Generale (SG), initially claimed is 25.379 million dollars. As the defendants were JSC "Barvikha-Village", CJSC "MIEL-Real Estate", CJSC "Golden Mile", LLC "Miel AP", CJSC "MIEL-country real estate investments." Third party in the case of a Savely Orbant. The court decision says that Rosbank asked to collect debt on the loan. Bank in May 2007 concluded with JSC "Barvikha-Village" extradition treaty to target a loan worth $ 20 million with terms in May 2011. Other companies were guarantors on the loan. Since the borrower does not comply with the schedule of loan repayment and interest payments, Rosbank filed a claim for early repayment of the loan. Holding "Miel" was founded in October 1990 and in 1993 it was transformed into a real estate agency. Currently, "Miel" is engaged realtor, investment and development business and involves more than a dozen companies, including "Miel-Real Estate", "Miel Rent," "MIEL-Brokerage", "Miel – Residential Real Estate," " Miel-New "and" Miel – Commercial Real Estate. " Since 2003, the holding company invested in housing construction area of 770,000 square meters more than 40 billion rubles. June thirtieth of the bank merger BSGV to Rosbank completed the consolidation of Russian assets Societe Generale. As a result, Rosbank entered the top five Russian banks on the credit portfolio, reported a credit institution. Earlier in January Rosbank purchased from Societe Generale 100% of banks' Rusfinance "and" Delta Credit. " All Regional News

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