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LM Segal's assets to remain frozen
BC, Riga, 30.08.2013.
Print version
Print versionA Riga court yesterday ruled against overturning a previous court decision whereby Liepajas metalurgs (LM) shareholder Ilya Segal's property and assets, including his shares in LM, were confiscated, in the dispute with the Gesil Limited company, informs LETA.
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Counsel for Gesil, Pavels Rebenoks, had pointed out that Segal had caused losses for the company at LVL 1.4 million.
Segal has been a leading player in the ongoing saga at LM, along with Sergei Zaharyin, with many blaming their machinations for the metallurgical plant's ruin.
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