NEWS


25.10.2017

Court victory in respect of cancellation of lien put against the funds on the bank accounts of the client


Our lawyers have effectually stood upon the client’s (a private entrepreneur engaged in the business of transportation and recyclable materials trade) rights in respect of cancellation of a lien put against the funds on the bank accounts of the client.

The situation arose because of suspension of operations on bank accounts of the client by his servicing bank, suspension of all loan programs involving him, as well as sending to him of a copy of the Court Decree on putting a lien against the funds on the bank accounts of the client, whereupon his business activity was blocked.

This Decree had been issued as a result of consideration of respective petitions of investigating authorities and without participation of representatives of the client.

Our specialists launched judicial appeals against the abovementioned Decree. In the end of such appeals The Court ruled to cancel the lien put against the funds and other values on the bank accounts of the client.

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