Danube Logistics: Chisinau Appeals Court declares Bemol's actions against Danube Logistics unlawful
The Chisinau Appeals Court has declared Bemol's actions against Danube Logistics unlawful, according to a press release of Danube Logistics SRL and Danube Logistics Holding BV.
"On 14 October 2014 the Amsterdam District Court ruled in a provisional, first instance judgement that Bemol's contested actions against Danube Logistics SRL and Danube Logistics Holding BV are a matter of Moldovan law. In this context, we hereby inform that the Chisinau Appeals Court ruled on 22 October 2020 in a final judgment that Bemol's attempt to seize part of Danube Logistics SRL's dividend payments to its Dutch shareholder Danube Logistics Holding BV is in breach of applicable Moldovan legislation," the document reads.
It is said that "Bemol has been trying to seize Danube Logistics SRL's dividend payments to Danube Logistics Holding BV based on a financial claim against Mr. Moser."
"This claim, which is being disputed by Mr. Moser at the European Court for Human Rights, is entirely unrelated to Danube Logistics SRL and its Dutch shareholder. Danube Logistics Holding BV and Danube Logistics SRL were not party to the legal proceedings between Bemol and Mr. Moser. Mr. Moser is neither a shareholder of Danube Logistics SRL nor a shareholder of Danube Logistics Holding BV, as Danube Logistics Holding BV is a wholly owned subsidiary of yet another Dutch company. The Chisinau Appeals Court therefore correctly concluded that Danube Logistics Holding BV's assets are not Mr. Moser's assets and that his liabilities are not Danube Logistics Holding BV's liabilities," the press release reads.
According to it, "apart from Danube Logistics SRL and Danube Logistics Holding BV also the European Bank for Reconstruction and Development (EBRD) appealed against Bemol's illegal actions. According to a participation agreement the EBRD is entitled to 65% of the dividend and share sales proceeds related to Danube Logistics Holding BV's shareholding in Danube Logistics SRL."
|
|
Din aceeaşi secţiune
Cele mai noi ştiri de azi
Balkaninsight Failed Attack on Court Leaves Moldova’s Socialists Wounded
The Moldovan Socialists’ desperate campaign against the country’s Constitutional Court has failed to stall early elections and has left them looking more tarnished than ever.
( ) Read allReuters Biden proposes summit with Putin amid tensions over Ukraine
U.S. President Joe Biden proposed a summit meeting with Russian President Vladimir Putin during a telephone call on Tuesday in which he stressed the U.S. commitment to Ukraine's territorial integrity and voiced concern about a Russian military build-up in Crimea and on Ukraine's borders,...
( ) Read allEBRD seeks to safeguard operations of Moldova’s Giurgiulesti port
The European Bank for Reconstruction and Development (EBRD) is enforcing rights under its financing and security documents with regards to Danube Logistics Holding BV’s shareholding in Danube Logistics SRL (Danube Logistics), the operator of Giurgiulesti International Free Port in the...
( ) Read allEuropean Business Association: Tne actions against Danube Logistics SRL have the goal of expropriation of the current shareholders of their investment
.jpg "European Business Association: Tne actions against Danube Logistics SRL have the goal of expropriation of the current shareholders of their investment")
EBA Moldova is following with great concern the latest developments regarding Danube Logistics SRL, the owner and operator of Giurgiulesti International Free Port, the only port of the Republic of Moldova.
( ) Read allEBRD will appeal imposed external administration of assets of Moldova’s Danube Logistics SRL
Din editia print
The European Bank for Reconstruction and Development (EBRD) intends to fight a legal decision to impose external administration over the assets of Danube Logistics SRL, the operator of Giurgiulesti International Free Port in Moldova.
( ) Read allBaltic states warn EU on China and Russia espionage
Lithuania has banned a Chinese tech firm on security grounds, while Estonia warned the EU on the dangers of both Chinese and Russian espionage.
( ) Read all
Local roads bring greater connectivity and support to rural communities in Moldova
One August day in the mid-1960s, my parents boarded a bus in the village of Hartopul Mare in the center of Moldova to travel to the capital Chisinau, determined to get a better education and better jobs in the Soviet planned economy. It was a 90-minute trip in a vehicle packed with about 50...
( ) Read all
Moldova: Statement by the Spokesperson on the latest legislative proposals
On Thursday 3 December, the Parliament of the Republic of Moldova voted on a number of legislative proposals, including on limitations of Presidential powers, tabled in a hasty and non-transparent manner.
( ) Read all
7 dead in Russia for drinking hand sanitizer after running out of liquor — reports
Seven people died from methanol (wood alcohol) poisoning after drinking hand sanitizer at a party in Russia. Nine people, with ages ranging from 27 to 69 years old, were partying when they opted to drink hand sanitizer after running out of alcoholic beverages, according to local Russian...
( ) Read allPro-EU opposition candidate Maia Sandu has ousted incumbent Igor Dodon to become Moldova's new president
( )
Read all
Dainius Žalimas The decision of the Constitutional Court of Belarus is an arbitrary act
On 25 August 2020 the Constitutional Court of the Republic of Belarus (thereinafter – the CCRB) adopted a document entitled the “Constitutional Legal Position on the Protection of the Constitutional Order” (Kонституционно-правовaя позиция по...
( ) Read allFinCEN Files: Deutsche Bank tops list of suspicious transactions
Leaked documents shed a light on Deutsche Bank's central role in facilitating financial transactions deemed suspicious. Many of these could have enabled the circumvention of sanctions on Iran and Russia.
( ) Read allOPINION Svetlana Tikhanovskaya: The regime in Belarus is trying to steal our victory. It won’t succeed
( )
Read all
How the Red Terror set a macabre course for the Soviet Union
In 1918, the Bolshevik regime launched a state-sanctioned campaign of mass killings and detentions to silence political enemies—laying the foundation for decades of violence in the U.S.S.R.
( ) Read allThe End of History and the Fast Man. Bidding farewell to America’s car culture — and its democratic virtues
( )
Read all
Lithuania to sanction Belarus’ Constitutional Court officials
Lithuania may impose national sanctions on officials from the Belarusian Constitutional Court, Lithuanian President Gitanas Nausėda said on Thursday.
( ) Read all
How Romania is Handling Cybersecurity Threats
In 2013, Romania approved a national cybersecurity strategy and began its implementation. It wasn't the only EU country to take action.
( ) Read all
Mass grave uncovered of victims of Russian armed and led occupation of Sloviansk in 2014
( )
Read all
Putin Chef's Kisses of Death: Russia's Shadow Army's State-Run Structure Exposed (bellingcat.com)
( )
Read all
‘Just shoot us already’ Arrested during protests in Minsk and jailed for two days, a Russian journalist describes the carnage of Belarusian incarceration
( )
Read all
Belarus: Declaration by the High Representative on behalf of the European Union on the presidential elections
Foto: Minsk, Belarus
( )
Read all
Belarus presidential elections: Meet the three women teaming up to take on 'Europe's last dictator'
( )
Read all
How objectivity in journalism became a matter of opinion
In America, political and commercial strains have led to questions about its value and meaning
( ) Read allWhat Vladimir Putin Tells Us about His Relations with the West
Putin claims the EU resolution is part of “a deliberate policy aimed at destroying the postwar world order.” The truth is less dramatic and more illuminating.
( ) Read allForeign Policy New Report Exposes Brutal Methods of Russia’s Wagner Group
How a shady network of operatives serves as the tip of the spear in Russia’s global influence efforts with almost no accountability.
( ) Read allEU’s top diplomat says no to Russia rejoining G7
The European Union doesn't think Russia should rejoin the G7.
( ) Read allMoldovan court facilitates attempt to expropriate European investment in Moldova’s Seaport
On 12 May 2020 the Chișinău Appeals Court barred Danube Logistics SRL from transferring funds to its Dutch shareholder Danube Logistics Holding BV. Danube Logistics SRL is the operator of Giurgiulești International Free Port located on the maritime section of the Danube.
( ) Read all
Russian city removes “untruthful” plaque commemorating thousands of Poles murdered by Soviets
On the building that once housed the local headquarters of the Soviet secret police in the Russian city of Tver, where 80 years ago thousands of Polish prisoners of war were murdered, plaques commemorating the victims of Stalinist crimes were today removed.
( ) Read allGerman court lays down EU law
That is the message the country's Constitutional Court sent to the European Union on Tuesday as it delivered a landmark ruling on the legality of the European Central Bank’s bond-buying programs, a decision many observers say challenges both the independence of the ECB and the...
( ) Read allWho’s Afraid of Boris Nemtsov?
New developments in Prague, involving a suitcase of ricin and a diplomatic spat, suggest that Putin still is afraid—over five years after Nemtsov’s grisly demise.
( ) Read all
