MOSCOW, March 17 (RIA Novosti) - Russian...

The latest lawsuit was filed by Krasnyansky’s Cyprus-based GLK Investment Limited against GFI Investments Limited and Eurocement Holding AG (Switzerland), a group of companies owned by Russian businessman Filaret Galchev, according to court materials.

The plaintiff’s lawyer, Svetlana Lipatova, told RIA Novosti on Tuesday that the latest claim refers to the purchase/sale of shares in the private company Golovinskaya Sloboda, the owner of the building that accommodates the office of Eurocement Group, which is the Russian division of Eurocement Holding AG.

Lipatova was unable to name the parties to the agreement but said that Eurocement Group was involved as a third party in the dispute.

According to Russian media reports, the lawsuit claims that Eurocement Holding AG breached a pledge agreement between the parties, which was intended to secure the fulfillment of obligations by the buyer in the deal, and pledged the shares of the holding’s cement

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