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Justice Ministry Says JSV Azot Severodonetsk Was Created Illegally.

Justice Ministry Says JSV Azot Severodonetsk Was Created Illegally.

1 September 2008

Justice Minister Roman Zravych made this announcement yesterday. Concorde Capital: The minister made the announcement even though the case has not yet been heard by the Supreme Court. World Wide Chemical LLC filed suit in the Supreme Court after the Appeals Court refused to overrule the Pechersk district court, which ruled the creation of Closed JSV Azot Severodonetsk was illegal. This makes an agreement between the present owner, Worldwide Chemical LLC and the authorities doubtful, so the next step may be re-privatization.

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