Toaz, one of the largest Russian enterprises of the chemical industry received a notice of lawyers of the majority shareholders of the company about the decisions taken as part of the court proceedings, which are conducted in the High Court of Ireland on the suit of four companies – the shareholders of Thaza to a number of respondents. This is stated in the message of the enterprise.
In particular, by the company “Uralchim” challenged the existence of the Irish courts of competence for the consideration of the case under the claim of majority shareholders of the FMA. This statement was considered in 2019, and as part of this proceedings, Uralchim announced a violation of the procedure for awarding court notices outside the jurisdiction of a high court.
On Friday, July 30, 2021, the High Court announced his decision to reject both statements by Uralchim and found that the majority shareholders of the FAI proved the existence of the Irish courts of competence for consideration of the case. The final text of judicial acts plaintiffs expect to receive until October 8, 2021, when the case consideration by the court will continue.
The trial is conducted on the suit of four companies – shareholders of PJSC “TAAZ” to a number of respondents, including among other, minority shareholders of the company: “Uralchim” and Evgeny Sedykin, managers of Uralkhim Dmitry Mazepine and Dmitry Konayev, and Also, the main holding structure of the Uralchim group is the Cypriot company Uralchem Holding PLC.
was filed a claim for damages of $ 2 billion, caused by the response collusion with the purpose of fraudulence (Conspiracy to Defraud) ACTIONS TOAAZ.
High Court June 27, 2019 approved the obligation taken on the company “Uralchim”, do not fulfill and in no way contribute to the execution by other persons at the expense of any assets of the plaintiffs – the shareholders of the Most of any sentence of the Komsomol district court of Togliatti in a civil law declared by Uralchim in this criminal case, or any other judicial act in connection with the data of civil lawsuits.
Later, July 15, 2020, the majority shareholders of Thaza appealed to the High Court with the petition for the submission of a judicial order, which would ensure the same protection measures that were previously already granted to the obligation. The obligation remains strength until the moment when the High Court consider essentially this is a petition for issuing a judicial order. According to lawyers representing majority shareholders, at least before the resolution of the High Court of the petition for the issuance of judicial orders on the TAZA shares belonging to the plaintiffs, the penalty cannot be drawn.