RUSAL | 03 October 2011 г. | 11:40

US Federal Court Orders The Bank of New York Mellon to Provide Norilsk Evidence to RUSAL

US Federal Court Orders The Bank of New York Mellon to Provide Norilsk Evidence to RUSAL
On 9 March 2011, the US Federal District Court for the Southern District of New York granted RUSAL’s application for discovery from Bank of New York Mellon (“BoNY”).

The court ordered BoNY to produce all documents concerning the Trafigura Transactions and the Buy-Back, whether those documents are located in the U.S. or abroad. He directed BoNY to turn over to RUSAL for inspection all documents reflecting any instructions it received from Norilsk or Interros regarding voting of Norilsk Nickel securities, and the identity of any persons who paid any fees to BoNY concerning the Buy-Back, the Trafigura Transaction, or any of the General meetings, among other topics. The US also ordered BoNY produce a corporate representative to RUSAL’s counsel’s office for a deposition no later than 30 March 2011 to testify regarding all topics requested by RUSAL, which include the voting of Norilsk securities and the Buyback and Trafigura transactions, among other things.

RUSAL is looking forward to receiving the information in BoNY’s possession to further support its claims in Russia, England and Nevis.

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