Russian shipyard and Defence Ministry tangle over ship price in court (Defense News)

Russian shipyard and Defence Ministry tangle over ship price in court – By Defense News Staff (Defense News) / Nov 23, 2022

A Russian shipyard producing Karakurt-class ships for the country’s Navy is facing potential financial hardship after new lawsuits from the Defence Ministry and a series of creditors.

On Nov. 15, an arbitration court in Moscow held the first preliminary hearing for a lawsuit against Pella Shipyard in which the ministry is seeking 1.4 billion rubles (U.S. $23.1 million) over allegations the company was “failing to fulfill supply contacts.”

No further information was available in court papers, and a court spokesman declined to provide details, citing the pending case. Pella officials declined to comment for this story.

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