MGAP successfully represents property developer in dispute with Moscow Government

MGAP’s client, a property developer, and the Government of Moscow were in dispute over the ownership of apartments in a new build elite housing development. According to the Moscow Government, the apartments worth $1m were their property and they refused to finalize an investment agreement with the developer. MGAP was able to prove that the apartments were not the property of the Moscow Government and were instead owned by the property developer’s private clients. The court supported the position of the developer and ordered the Moscow Government to finalize the investment agreement on the terms proposed by MGAP’s client.