Dispute between a large development company and the Moscow Government over damages in amount of over $4 mln
MGAP represented the interests of a defendant (a large development company) in a trial with the Moscow Government over damages in amount of over $ 4 millions – the cost of apartments sold by the developer in compensation of expenses incurred on the reconstruction and renovation of a civil defence building. compensation of expenses incurred on the reconstruction and renovation of a civil defence building. The Arbitration court of Moscow upheld the Moscow Government’s claim. The appeal court reversed this decision and agreed with of MGAP’s claims of lack of grounds for recovery of damages and passing of the statute of limitation. The Moscow district federal arbitration court left the decision of the appeal court unchanged and dismissed the Moscow Government’s complaint.