Court looks into MBRD vs. UralOtel

Sverdlovsk Region Arbitration Court keeps looking into the claim laid by the Moscow Bank of Reconstruction and Development vs. UralOtel; the plaintiff insists on being paid over $3.76m.

Following the plaintiff’s demand, UralOtel’s $3,622,885.63 worth of assets was arrested; these assets were represented by a 49% share of a building at 9A Lenin Ave. and a 1,166-square-meter land allotment at 38 Sacco & Vanzetti St. in Yekaterinburg.

UralOtel comprises UralOtel at 23 Khomyakov St., Atlantic Hotel, and Yekaterininskaya Hotel.

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