A corporate conflict between beneficiaries at the holding company level unfolded in an international precious metals mining group. During the conflict, the Russian companies of the group received conflicting demands regarding the convening of meetings of members and shareholders.
The team represented the client in a case challenging adoption of amendments to the charter of one of the group companies.
This corporate conflict revealed previously unresolved issues in the practice of verifying authority to convene meetings of the companies' members, including the receipt of such a request from a foreign member.
KIAP succeeded in defending the foreseeability of the conduct of business in turbulent circumstances by defending the validity of the adopted charter.