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The Russian joint-stock company for a long time
Content: S19-388.docx 18,03 kB
Product description
For a long time, a Russian joint-stock company bought products from a Latvian farm and, under a long-term supply contract, transferred monthly amounts to its account to pay for it. At the beginning of 1995, the details of the supplier’s bank account changed, which the joint-stock company was not notified about and paid for the next batch of goods according to the old details. As a result, the money went to the account of one of the Riga companies, which in Russia had its own branch. The Russian joint-stock company turned to the company with a request to return the amount illegally received, but it did not respond to the request and did not return the money.
Is a Russian joint-stock company entitled to demand from a Riga company the return of this money? Is the Russian arbitration court competent to consider the requirements of a Russian joint-stock company, and if so, in accordance with the law of which state? Analyze the problem of the possible enforcement of a Russian court decision in Latvia.
Additional information
After payment you will be available a link to the solution of this problem in the file of MS Word. It should be noted that the problem solutions put up for sale were successfully handed over in the period 2009-2019 and could be outdated. However, the general algorithm will always remain true.
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