Metals and mining, Legal
The Arbitration Court cancelled decision on suspension of proceedings in the action of Mechel against the Central Bank of the Russian FederationEdited by Rhod Mackenzie / 2016-05-27 11:07:30
The Ninth Arbitration Appeal Court cancelled the decision of the court of first instance, which suspended legal action of JSC “Mechel” on invalidating the decisions and regulations of the Bank of Russia to impose an administrative penalty on the company, according to the court records.
As previously reported by TASS, the court took a decision to suspend the hearing of the case due to illness of three of the eight defendants.
Mezhdurechensk city court in the Kemerovo region resumed the criminal trial on the accident and the death of 91 people at the “Raspadskaya”, suspended due to the illness of three accused in early April. Chief Assistant Prosecutor for public relations in the Kemerovo region E.Tushkevich said to TASS.
The government is thinking about canceling the extra charge for JSC Russian Railways.
As "the Kommersant" informs, the government agreed to consider the complete abolition of export charge to the tariff of JSC Russian Railways on the transport of steel products. Steelmakers raised this topic at a meeting of with the Deputy Prime Minister Arkadiy Dvorkovich, fearing that they cannot maintain export volumes in 2016, and thus lose the right to the cancellation of extra charge under the current monopoly conditions. At the same time FAS believes that it is necessary to separately consider "each case". Experts believe that steelmakers need to provide an additional influx of goods.
Sberbank of Russia has suspended all proceedings and legal formalities against its debtor - the company “Mechel”, the head of Sberbank G.Gref stated on Tuesday.
“It has some time. And if “Mechel” fulfills all the conditions, it is quite possible that the restructuring will happen. If it does not, we will resume proceedings against it,” Gref said.
MMK has won the case against Uralvagonzavod on the collection of 182 mln roubles.
The Arbitration Court of the Sverdlovsk region satisfied the claim of MMK on the collection of 182 mln roubles of debts by the agreement of supply from Uralvagonzavod.
Today Uralvagonzavod reported that the corporation has been awarded one of the most prestigious professional awards in Russia for the buyers and suppliers “Leader of competitive purchases” for the third time.
Uralvagonzavod is a Russian corporation that develops and produces military equipment, road construction machines, railroad cars.
The Stockholm Arbitration Court satisfied the requirements of MMK Norilsk Nickel and collected 11.01 mln euro of the main debt, 2.42 mln euro of interest and 607 thousand euro of expenditure for the Arbitration proceedings from InterBAU (Czech).
In the process of reconstruction of the air separation shop of the oxygen station #2 of the Nadezhdino metallurgical plant, in 2010 Norilsk Nickel attracted InterBAU a.s. to execute the works on the replacement of the air separation block #1. The amount of the contract made up 49.6 mln euro.
“Severstal-Distribution” has filed a claim on the bankruptcy of Voronezhselmash to the Arbitration Court of Voronezh.
The claim was filed on September 25th.
The basis for bankruptcy claim by the distributor of the steel making company was the decision of the Vologda Arbitration Court made in June. The Court collected 875 thousand roubles of penalty from Voronezhselmash.
In September the decision of the Vologda Arbitration Court was confirmed by the Court of Appeal but it can be put in question within 2 months. However, Voronezhselmash hasn’t filed a cassation appeal against it as yet. Voronezhselmash acknowledged the presence of the main debt by the supply agreement at the volume of over 800 thousand roubles and put in question the collection of a penalty of 37 thousand roubles. However, there is a demand to collect 875 thousand roubles again in the bankruptcy claim of “Severstal-Distribution”.
Arbitration Court of Kemerovo has rejected a claim against Mechel on the collection of 4.2 bln roublesEdited by Rhod Mackenzie / 2015-06-16 09:41:44
The Arbitration Court of Kemerovo has rejected the claim of “Rudservice” against “Yuzhny Kuzbass” (in the structure of Mechel). This is the 5th claim filed by Rudservice since last December. The claimant thinks that it had losses due to the non-execution of obligations by the supply agreements by Yuzhny Kuzbass.
The Arbitration Court of the Kemerovo region has rejected the claim of Rudservice Ltd, majority shareholder of “Tomusinsky Mine” OJSC, on the collection of 4.2 bln roubles from the majority shareholder - Yuzhny Kuzbass.
The basis for this claim is not released. However, Rudservice has filed 4 claims against Yuzhny Kuzbass on the collection of losses for the total amount of over 23 bln roubles in December 2014-April 2015, one of the claims – on the collection of 7.6 bln roubles – has been considered by the Court of first instance.
State Ecological Technical Inspection of Kyrgyzstan cancels the launch of Taldy-Bulak Levoberezhniy.Edited by Rhod Mackenzie / 2015-06-15 10:34:05
State Ecological Technical Inspection of Kyrgyzstan banned LLC "Altynken" run mine at the Taldy-Bulak Levoberezhniy deposit because of irregularities in the construction of the tailings, the head of the Industrial Safety and Mining Supervision department Maksat Abdullayev informs.
It was planned that the mine will be put into operation in June this year. Annual production at the field will be 3-5 tons of gold. Lifetime - 22 years.
Director of JSC "Raspadskaya" was handed an application to eliminate violations.
Information on the results of a routine inspection at JSC "Raspadskaya".
Within the period from 12.05.2015 to 05.29.2015 the Kemerovo Interdistrict Prosecutor's Office overseeing the implementation of laws in the coal mining industry audited compliance with the legislation on labor protection and industrial safety at JSC "Raspadskaya".