• The court of appeal has set a date for consideration of the complaint AFK for the seizure of assets

  • The eighteenth arbitration appeal court (Chelyabinsk), was appointed on August 7 the consideration of the appeal of AFK "System" the determination of the lower court which in an interim measure under the claim "Rosneft" is 170.6 billion rubles was arrested owned by the Corporation shares of three companies. On Friday,July 14, announced RIA Novosti with reference to the representative of the court Olga Fomichev.

    The arbitration court of Bashkortostan, 23 June, at the request of "Rosneft" made the decision on arrest belonging to the AFC 31,76% of the shares of MTS, 100 percent of the shares of the group and 90,47% of the shares of BESK. The carrying value of these assets amounts to 185 billion rubles. July 6 examined the appeal of AFK, the court upheld the earlier decision.

    "The arguments of AFK "Sistema" that "the actual value of the assets of the "System" (1,104 billion) more than 6.5 times the amount of the stated requirements for it, which is more than enough for the execution of court decisions", based on IFRS, which contains information about the assets of the entire group of AFC, including its subsidiaries and dependent companies that are not defendants in the lawsuit. To assess the solvency of the defendants must be taken into account only the data of the accounting reporting according to RAS", — said the representative of "Rosneft" in court.

    As noted in conversation with "ru" doctor of economic Sciences, Professor Nikita Krichevsky, the reasons for which were filed and granted by the court a request for seizure of assets of AFK "System" as an interim measure, two. First and foremost, he said, is that, according to statements of AFC as of the first quarter of this year the accounts of the company — 20.5 billion rubles, while the amount of the claim is 170,6 billion.

    The second reason, according to Nikita Krichevsky, is that in the trial of AFK "System" may not sell assets and use as collateral for loans — especially since the company stated that the loans for her most preferred.

    http://lenta.ru

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