As we already knowledgeable you, iuvo gained the lawsuit in opposition to BBG for non-fulfillment of contractual obligations by Determination of the Estonian courtroom, in keeping with which our claims must be glad with the movable belongings /MOVH/ of the Georgian originator.
At the moment, the efforts are targeted within the mandatory recognition and admission to execution of the Determination by the Supreme Court docket of the Republic of Georgia, because the Estonian courtroom is a international jurisdiction for Georgia. Main consider finalizing this course of is once more the correct service of paperwork to a BBG consultant, and the makes an attempt on this path proceed.
After the profitable finalizing of the aforementioned course of, we will transfer to realizing the movable belongings of BBG.
Iuvo continues to guard and handle the pursuits of the traders, and we are going to publish once more when there’s new growth within the lawsuit.
