EQUITY successfully defends the interests of Poltava Mining and Processing Plant

On February 16, 2015 the lawyers of EQUITY represented the interests of Poltava Mining and Processing Plant in the Supreme Economic Court of Ukraine in the corporate dispute, which had lasted about 10 years. The subject matter of the court dispute was the validity of SPA for 40% of shares in the plant.

The dispute lasted since 2005. Since then, the case went through multiple rounds of consideration in the system of economic courts of Ukraine. In December 2014, the Supreme Court of Ukraine by its decision upheld the position of the plant and forwarded the case back for repeated consideration by the SECU. For the first time in 10 years, following the instructions of the Supreme Court of Ukraine, the judges of cassation ruled  the decision, which supported  the decision of the current owners of 40% shares in the Poltava Mining and Processing Plant and recognized the legitimacy of the SPA.

The Plant is represented in the courts by EQUITY lawyers team headed by partner Andriy Nikitin.