We helped to repay 1.1 billion rubles of the loan ahead of schedule
Job description
The Cyprus holding company appealed to K&P Group to prematurely return assets worth 1.1 billion rubles that were transferred under a loan agreement with a large Kaliningrad enterprise.
Lawyers have developed a legal position: the borrower has violated the terms of the loan security agreement, so the client has the right to early return of assets.
The court considered the case for more than a year. The defendant provided an additional agreement, by which the parties allegedly excluded the bail condition. Lawyers, without conducting an examination, proved that this document was false.
The court sided with K&P.Group's client and ordered the defendant to return assets worth 1.1 billion rubles ahead of schedule. In fact, a significant part of the money was recovered, because the lawyers were able to obtain a writ of execution in a short time.