BREAKING NEWS

BREAKING NEWS

Russian court to hear new Rosneft lawsuit against Sistema in January

Russian court to hear new Rosneft lawsuit against Sistema in January
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MOSCOW (Reuters) - The Arbitration Court of Bashkortostan will hold preliminary hearings of a 131.6-billion-rouble ($2 billion) lawsuit filed by Russia's Rosneft <ROSN.MM> and Bashneft <BANE.MM> against Sistema <AFKS.MM> on Jan. 12, court documents showed.

State-controlled Rosneft and its subsidiary Bashneft filed the lawsuit last week, months after a court ruled that the Sistema conglomerate should pay more than $2 billion to Rosneft as a result of an earlier claim.

(Reporting by Katya Golubkova and Anastasia Teterevleva; writing by Maria Kiselyova)

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