Articles tagged with: Farimex and Alfa
Moscow Court Delays VimpelCom-Telenor Legal Decision
Moscow's Arbitration Court has announced a delay to its ruling on whether to block the seizure of Telenor's 29.9% stake in Russian telecoms operator, VimpelCom. The hearing is now due on 30th April, and for the first time, the judge has required that VimpelCom send representatives to the court. more
Related Tags: , eu, tim, telenor, moscow, vimpelcom, kyivstar, Russia
Russian Court Refuses to Delay Vimpelcom Shares Seizure
A court in Russia has refused to delay the seizure of the 29.9 percent stake in local telco, Vimpelcom that is owned by Norway's Telenor. Earlier this month, a Russian bailiff working with farimex, an obscure firm with just 0.002 percent stake in Vimpelcom had arrested Telenor's shares in Vimpelcom by serving an arrest order on the National Registry Company, Vimpelcom's Moscow share registrar. more
Related Tags: ict, itu, telenor, moscow, vimpelcom, Russia
Alfa Held in Contempt by US Court - Telenor's VimpelCom Shares Arrested in Russia
Telenor has issued a statement announcing that a US federal court in New York yesterday held four Alfa Group companies in contempt for the second time for their failure to comply with the court's orders confirming the Kyivstar arbitration award. Shortly after the hearing ended, Telenor heard rumours that a Russian bailiff acting on behalf of farimex Product, had arrested all of Telenor's shares in Russian mobile operator VimpelCom. This was confirmed this morning. more
Related Tags: sim, eu, ict, telenor, moscow, turkcell, alfa-group, vimpelcom, kyivstar, altimo, storm, new-york, Russia
Telenor strongly rejects Russian arrest in VimpelCom shares
Telenor on Monday learned, through a press release said to be issued by farimex Products, of a decision in a Siberian appeals court in Omsk purporting to arrest Telenor and Altimo's shares in VimpelCom. more
Related Tags: telenor, vimpelcom, altimo, Russia
Telenor Takes Action to Stop Russian $3.8 Billion Lawsuit
Telenor says that it has requested the US Federal District Court in New York to stop farimex from pursuing a lawsuit against Telenor in Khanty-Mansiysk in Russia. On Friday, 20 June, Telenor filed a lawsuit against Alfa Group affiliates farimex Products, Altimo Holdings & Investments and Eco Telecom, requesting the Court to compel farimex to arbitrate its claim in an arbitration proceeding commenced by Eco Telecom in March 2008. more
Related Tags: telenor, alfa-group, vimpelcom, altimo, new-york, Russia
