On October 7, the Commercial Court of Sumy Region opened proceedings in case No. 920/1015/19 on the claim of Sberbank against Sumy Machine Building Research And Production Association JSC and Subsidiary Company Zavod Obvazhnenykh Burylnykh ta Veduchykh Trub for recovery of USD 40.15 million and UAH 672 million of the debt under the loan agreement No. 02-В/11/38/ЮО dd. 11.02.2011.
At the same time, Sumy Machine Building Research and Production Association JSC filed a counterclaim against Sberbank to invalidate a number of terms and conditions of the loan agreement.
On October 7, the court refused to satisfy the petition of Sberbank on securing the claim by arresting the money and property of the defendants.
As Finbalance wrote, ING Bank filed a lawsuit in the Commercial Court of Sumy Region against Sumy Mashine-Building Scince and Production Association for recovery of USD 9.97 million.
According to court materials, the liquidator of the All-Ukrainian Development Bank filed a number of lawsuits against Sumy Mashine-Building Scince and Production Association on collection of the debt:
- USD 5.6 million under loan agreement No. KKPOD.80407.024 of 29.10.2013 (case No. 920/1397/15);
- USD 5.7 million under loan agreement No. KKROD.80407.017 of 22.05.2013 (case No. 920/1396/15).
- USD 11.3 million under loan agreement No. KKROD.80407.006 of 07.03.2013 (case No. 920/1395/15).