Protection of interests of one of the largest banks in Ukraine with 100% foreign investments in the dispute on recognition of the loan agreement as void

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March 2011
Customer of the bank initiated the lawsuit to invalidate a loan agreement worth more than 5 million U.S. dollars, together with lawsuits against the Bank regarding recognition the surety and pledge agreements as null and void. The grounds for annulment of the loan agreement were that the agreements are not signed by an authorized person of the borrower. Subsequently, the dispute was resolved in favour of the bank, namely, our lawyers proved the legitimacy of loan, surety and pledge agreements.