The Court of the First Instance terminated the proceedings on the case of invalidating funds transfer transactions worth of more than 328,825 MLN. RUB., classifying these payments as current. When the case was considered in the appeal, YUKO lawyers managed to prove that the court application was not considered in merits, the arguments and the circumstances were not evaluated in full. Also the Counterparty did not present in the court the evidences, accounting documentation, that proved the existence of the debt. The separate dispute was sent to a new consideration.
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