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Articles tagged with: Farimex and Lawsuit
Farimex Drops $1.7 Billion Lawsuit Against Telenor
Telenor has announced that the mysterious company, farimex Products has dropped its long winded US$1.7 billion lawsuit against the company over its Russian investments. At a hearing in a Siberian court, farimex filed a motion withdrawing its claim against Telenor East Invest and the other defendants. The court accepted that motion and issued a ruling cancelling the Omsk court's ruling and terminating all proceedings in the case. more
Related Tags: telenor, court, virgin, Russia
Another Delay to Telenor's $1.7 Billion Russian Lawsuit
Telenor has announced that the court battle over a US$1.73 billion lawsuit in Russia has been delayed for the fourth time. Telenor has been appealing against the fine imposed following a court case won by a mystery company known as farimex Products. more
Related Tags: telenor, court, virgin, -telenor, 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: alfa, telenor, alfa-group, vimpelcom, altimo, new-york, geneva, Russia
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