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Archived news
24 February 2014

On 24 February 2014 the Court of Cassation affirmed the decisionĀ of the Arbitrazh Court of Moscow made in favour of our client OOO IKEA MOS (Retail and Property). The decision dismissed the claim for recovery from IKEA of more than USD 1 billion in connection with diesel generators’ lease at MEGA Parnas and MEGA Dybenko shopping malls in Leningrad Oblast. MZS have worked out the strategy for the case and represented IKEA in court.
According to mass media, this was the most complicated dispute with a record-breaking claim amount in 2013-2014.