Ukraine's Antonov wins $2.9 million suit against Russian aviation plant
As reported by the press-service of law firm Ilyashev & Partners, which represents the interests of the company in court, the Antonov State Company won a suit against Russian company Aviakor Aviation Plant for $2.9 million.
“Pursuant to the court judgment of July 4, 2016, the claims of the State Enterprise Antonov for more than USD 2.9 million were satisfied and shall be recovered in favor of our client,” the statement read.
The subject of the dispute was the payment of royalties for use of the Antonov trademark during the manufacture and sale of aircraft.
The case was being considered at the Samara Region Arbitration Court. The court session was closed because the subject matter of the proceedings was directly related to the commercial secrets of the parties to the case.