The court in London will hear the case on “duty of Yanukovych” in an expedited manner
London’s high court will hear the case in respect of the debt of Ukraine to Russia, known as “Yanukovych’s debt, “according to Eurobond debt to $ 3 billion.
It is reported by Prime with reference to judge William Blair.
So, the case will be reviewed without a full trial, which provides, in particular, the debate of the parties.
For a decision requested by the Russian side.
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Russia has offered to “forgive” the debt Yanukovych for the light in the Crimea, – Dzhemilev
We will remind, Russia has demanded expedited review and asks to ignore in the Crimea. Instead, the Ukrainian side has submitted a written explanation of the necessity for a full trial.
According to representatives of Ukraine in this context, the agreement of the parties regarding the bonds may be cancelled.
The government of Mykola Azarov has received a loan in the framework of agreements between Russian President Vladimir Putin and then-President Viktor Yanukovych in December 2013. Borrowing was issued through the redemption of Eurobonds of Ukraine at $ 3 billion through the Irish stock exchange. In 2015, the Russian side did not accept the terms of debt restructuring, demanding from Kiev for his return. The Ukrainian government refused to acknowledge the debt to official and insisted on its commercial basis.
In turn, the IMF has recognized the debt to Russia, the official, but said that lending to Ukraine will continue, even if it defaulted.
30, 2015, the Cabinet of Ministers of Ukraine adopted a decision about introduction of the moratorium on payment of debt of the Russian Federation.