Disputes on recovery of damages from the controlling persons

Disputes on recovery of damages from the controlling persons


ALRUD’s extensive experience of representing the clients in disputes on recovery of damages from the controlling persons, such as disputes on subsidiary or corporate liability, enables us to give the clients only practical and sound advice.

Along with representation of the clients in courts, we offer such services as the defendant’s assets tracing and interim measures obtaining assistance to ensure full satisfaction of the clients’ claims.

ALRUD’s experience of participation in cross-border disputes provides for consideration of the best international practices while tackling the toughest legal issues.

Cooperation with leading experts, appraisers and other specialists contributes to an integrated approach and careful analysis of each issue.

Our Services

  • Analysis of documentation and other clients’ materials, elaboration of the strategy on the case.

  • The defendant’s assets tracing, assistance with obtaining interim measures and drafting the respective applications.

  • Participation in negotiation with the opponents, interaction with state authorities.

  • Collecting the evidence on the case, assisting with obtaining the evidence from state authorities and different organizations (including by means of sending the advocatorial requests).

  • Representation of the clients in the arbitrazh courts.

  • Assistance with settling the dispute out-of-court, assistance with drafting the amicable agreements.

Highlights of recent domestic and international work

A former member of the Board of Directors of one of Russia's largest banks

in a case on bringing him to subsidiary liability in the amount of over 200 billion rubles. This dispute is one of the largest disputes on bringing to subsidiary liability in Russia.

Minor shareholder of one of the largest coal mining company of Russia

in the complex corporate multi-jurisdictional dispute with the major shareholder due to withdrawal of assets. As a result of realization of complex strategy of protection of interests of the minority shareholder the parties came to amicable settlement on the favourable conditions.

One of the largest Kazakhstan banks

on the reimbursement of losses caused by its shareholders through fraudulent actions with respect to the bank’s assets, inter alia advised on legal proceedings in the High Court of Justice of England and Wales and in the LCIA.

The major Chinese wood processing holding

within several court disputes aimed at recovering of lost corporate control and struggling hostile takeover of assets of the Russian enterprises. ALRUD lawyers have elaborated the comprehensive strategy including civil law and criminal law measures of protection of the Client’s interests, including measures to secure and recover the assets.

The beneficiaries and top managers of one of the largest private investment funds

in more than 10 parallel disputes on bringing the Client to subsidiary liability. Due to an effective strategy and successful representation of clients’ interests in court, the parties have concluded an amicable settlement agreement beneficial for the Clients.

The Russian subsidiary of the large German holding in hotel industry

in the disputes connected with recovery of damages from the former CEO for bad faith and unreasonable management and failure to provide financial and accounting documentation of the company.

The major European railway logistics operator

in the complex dispute on recovering of corporate control over its Russian subsidiary company. The opponent was previous director of the subsidiary who falsified corporate documents and attempted to embezzle assets of the company.

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