Court suspends ruling in Rusal and Norilsk Nickel dispute

  • Monday, December 10, 2012
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  • Keywords:Court Rusal Norilsk Nickel dispute
[Fellow]
[Ferro-Alloys.com]RAPSI reported that the East Siberian District Federal Commercial Court has ruled to suspend the execution of the ruling to grant Rusal Investment Management documents and information about Norilsk Nickel's activities, the court told the Russian Legal Information Agency on Friday. The decision was made following an application submitted by Norilsk Nickel.
 
The ruling has been suspended until after the appeal proceedings in the cassation instance, which will consider Norilsk Nickel's application.
 
On October 31, the Third Commercial Court of Appeals left the Krasnoyarsk Territory Commercial Court's ruling in force to uphold Rusal Investment Management's lawsuit.
 
The company holds a 25-percent plus one share stake in Norilsk Nickel.
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