Maintenance of corporate control over the subsidiary company owning a promising oil field
Our client is a parent company in relation to the company (51% of shares), which is licensed for exploration and production of oil for new promising deposits.
One of the leading pharmaceutical companies in Russia asked us for assistance in the dispute regarding the recovery of funds from it and penalty for supplied medicinal products. The client believed that it was not obliged to pay for the supplied medicinal products, because they were counterfeit: the trademark was applied on them without the consent of the right holder. We were tasked with obtaining a refusal to satisfy claims for recovery of funds.
We represented the client's interests in all judicial instances. We were able to convince the court that the counterfeit goods transferred to us should not be paid for. We proved that the seller had acted in bad faith, with the intention of benefiting from its fraudulent actions. It was aware of selling the products marked without the consent of the right holder. The courts of all instances refused to recover the funds from the client.
The client managed to defend itself against the illegal claim for the payment of about 200 million rubles and demonstrate the ability to withstand the fraudsters.
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